STOCK TITAN

Stock grant lifts Waste Management (WM) director Menke’s indirect holdings

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MENKE SEAN E reported acquisition or exercise transactions in this Form 4 filing.

Waste Management Inc. director Sean E. Menke reported an indirect stock award and updated indirect holdings. An entity associated with him, Polaris Senior Advisors LLC, received a grant of 861 shares of Common Stock at $220.71 per share under the Waste Management, Inc. 2023 Stock Incentive Plan, bringing that entity’s reported holdings to 861 shares. A separate affiliated entity, ASM Assets, LP, is reported as indirectly holding 7,314 shares of Common Stock as of the same date.

Positive

  • None.

Negative

  • None.
Insider MENKE SEAN E
Role null
Type Security Shares Price Value
Grant/Award Common Stock 861 $220.71 $190K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 861 shares (Indirect, Polaris Senior Advisors LLC)
Footnotes (1)
  1. [object Object]
Stock award shares 861 shares Non-derivative Common Stock grant to Polaris Senior Advisors LLC
Grant price $220.71 per share Price for the 861-share Common Stock award
Indirect holdings via ASM Assets, LP 7,314 shares Common Stock indirectly held as of the reported date
Indirect holdings via Polaris Senior Advisors LLC 861 shares Common Stock held after the reported stock award
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Waste Management, Inc. 2023 Stock Incentive Plan financial
"Stock award granted pursuant to Waste Management, Inc. 2023 Stock Incentive Plan."
indirect financial
"ownership_type: indirect"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MENKE SEAN E

(Last)(First)(Middle)
800 CAPITOL STREET, SUITE 3000

(Street)
HOUSTON TEXAS 77002

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WASTE MANAGEMENT INC [ WM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock(1)05/15/2026A861A$220.71861IPolaris Senior Advisors LLC
Common Stock7,314IASM Assets, LP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Stock award granted pursuant to Waste Management, Inc. 2023 Stock Incentive Plan.
Courtney Tippy, Attorney-in-fact05/18/2026
** Signature of Reporting PersonDate
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 4 (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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Waste Management (WM) report for Sean E. Menke?

Waste Management reported that director Sean E. Menke had an entity associated with him, Polaris Senior Advisors LLC, receive a stock award of 861 shares of Common Stock. The filing also updates indirect holdings held through ASM Assets, LP on the same date.

How many Waste Management (WM) shares were granted in the latest Form 4?

The Form 4 shows a grant of 861 shares of Waste Management Common Stock to Polaris Senior Advisors LLC. This grant is categorized as a non-derivative stock award and is reported as an indirect holding related to director Sean E. Menke.

What was the grant price of the Waste Management (WM) stock award?

The reported grant price for the 861-share award of Waste Management Common Stock was $220.71 per share. This price reflects the value assigned to the stock award under the company’s 2023 Stock Incentive Plan as disclosed in the insider filing.

Which entities hold Waste Management (WM) shares for director Sean E. Menke?

The filing shows indirect holdings through two entities: ASM Assets, LP and Polaris Senior Advisors LLC. ASM Assets, LP is reported holding 7,314 shares, while Polaris Senior Advisors LLC holds 861 shares following the reported stock award transaction.

Was the Waste Management (WM) stock award part of an incentive plan?

Yes. The footnote states that the 861-share stock award to Polaris Senior Advisors LLC was granted under the Waste Management, Inc. 2023 Stock Incentive Plan, indicating it is compensation-related rather than an open-market purchase or sale of shares.

Does the Form 4 show any sales of Waste Management (WM) shares?

The Form 4 does not report any sales of Waste Management shares. It records a grant of 861 shares of Common Stock as an indirect stock award and lists an existing indirect holding of 7,314 shares through ASM Assets, LP with no sale code indicated.