[Form 3/A] WASTE MANAGEMENT INC Amended Initial Statement of Beneficial Ownership

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.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Reed David L.

(Last) (First) (Middle)

800 CAPITOL STREET, SUITE 3000

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/01/2025

3. Issuer Name and Ticker or Trading Symbol
WASTE MANAGEMENT INC [ WM ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CFO

5. If Amendment, Date of Original Filed (Month/Day/Year)
11/03/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)(1)	03/01/2023	03/01/2032	Common Stock	1,702	$145.67	D

Explanation of Responses:

1. Stock option granted pursuant to Waste Management, Inc. 2014 Stock Incentive Plan. The stock option vests 34% on the first anniversary of the date of grant with 33% vesting on the 2nd and 3rd anniversary of the date of grant.

Remarks:

The Form 3 filed on 11/3/25 is amended to (i) revise the expiration date of the option granted on 3/1/2022, which was incorrectly reported as expiring on 3/1/2022 instead of 3/1/2032 and (ii) include a revised Exhibit 24 - Power of Attorney.

	Courtney Tippy, Attorney-in-fact	11/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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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.

How many WM shares are covered by the option and at what price?

The option covers 1,702 shares of common stock at an exercise price of $145.67.

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.