Waste Management EVP & CFO corrects option expiration to 2032
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Waste Management (WM) reported an amended Section 16 filing by its EVP & CFO correcting option terms. The amendment revises the stock option’s expiration to 03/01/2032 and includes a revised Power of Attorney.
The filing lists a stock option for 1,702 shares of common stock at an exercise price of $145.67, first exercisable on 03/01/2023. The grant vests 34% on the first anniversary of the grant date, with 33% vesting on each of the second and third anniversaries. The event date is 11/01/2025 and ownership is reported as direct.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reed David L.
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,702 shares (Direct)
Footnotes (1)
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FAQ
What did WM disclose in this amended Form 3/A?
An EVP & CFO amended Section 16 report correcting a stock option’s expiration to 03/01/2032 and providing a revised Exhibit 24 - Power of Attorney.
What is the vesting schedule for the WM option?
It vests 34% on the first anniversary of the grant date and 33% on each of the second and third anniversaries.
What are the key dates for the WM option?
First exercisable on 03/01/2023 with an expiration date of 03/01/2032.
Who is the reporting person and their role at WM?
The reporting person is an Officer, serving as EVP & CFO of Waste Management, Inc.
What is the event date tied to this WM filing?
The event date is 11/01/2025.
Is the ownership direct or indirect for this WM option?
The filing reports Direct (D) ownership.