Waste Management (NYSE: WM) SVP Dalby reports initial stock and option holdings
Rhea-AI Filing Summary
Waste Management Inc. executive Marcel Dalby filed an initial ownership report showing his equity position in the company. He directly holds 3,609.7289 shares of Common Stock. He also holds a stock option for 1,628 shares of Common Stock with an exercise price of $204.7585 per share, expiring on March 1, 2034. According to the grant terms, the option was issued under the company’s 2023 Stock Incentive Plan and vests 34% on the first anniversary of the grant date and 33% on each of the second and third anniversaries.
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dalby Marcel
Role
SVP Bus Optimiz & Collection
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,628 shares (Direct);
Common Stock — 3,609.7289 shares (Direct)
Footnotes (1)
- F1. Stock option granted pursuant to Waste Management, Inc. 2023 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.
Key Figures
Direct common shares held: 3,609.7289 shares
Stock option underlying shares: 1,628 shares
Stock option exercise price: $204.7585 per share
+1 more
4 metrics
Direct common shares held
3,609.7289 shares
Direct ownership reported on Form 3
Stock option underlying shares
1,628 shares
Underlying common shares for stock option grant
Stock option exercise price
$204.7585 per share
Exercise price for 1,628-share option
Stock option expiration
March 1, 2034
Expiration date of stock option grant
Key Terms
Form 3, Stock Option (Right to Buy), 2023 Stock Incentive Plan, exercise price
4 terms
Form 3 regulatory
"Marcel Dalby filed an initial ownership report showing his equity position"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Stock Option (Right to Buy) financial
"He also holds a stock option for 1,628 shares of Common Stock"
2023 Stock Incentive Plan financial
"Stock option granted pursuant to Waste Management, Inc. 2023 Stock Incentive Plan"
exercise price financial
"with an exercise price of $204.7585 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Marcel Dalby’s Form 3 filing for WASTE MANAGEMENT (WM) show?
The Form 3 shows Marcel Dalby’s existing equity holdings in Waste Management. It reports direct ownership of common shares and a stock option grant under the 2023 Stock Incentive Plan, giving investors transparency into his current stake and incentive alignment.
What are the key terms of Marcel Dalby’s stock option in WASTE MANAGEMENT (WM)?
Dalby holds a stock option covering 1,628 shares of Waste Management common stock. The option has a $204.7585 exercise price, expires March 1, 2034, and was granted under the 2023 Stock Incentive Plan with a three-year graded vesting schedule described in the footnote.
How does Marcel Dalby’s stock option in WASTE MANAGEMENT (WM) vest?
The option vests 34% on the first anniversary of the grant date, then 33% on the second and third anniversaries. This three-year graded vesting structure encourages continued service and aligns Dalby’s long-term incentives with the company’s performance and shareholder interests.
Is Marcel Dalby’s WASTE MANAGEMENT (WM) Form 3 a record of trades or just holdings?
This Form 3 functions as an initial statement of beneficial ownership, listing Dalby’s current holdings. It shows common shares and a stock option position, but no buy or sell transactions, serving as a starting point for future ownership change disclosures.