Stock grant lifts Waste Management (WM) director Menke’s indirect holdings
Filing Impact
Filing Sentiment
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 Trade Summary
2 transactions reported
Mixed
2 txns
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)
- [object Object]
Key Figures
Stock award shares: 861 shares
Grant price: $220.71 per share
Indirect holdings via ASM Assets, LP: 7,314 shares
+1 more
4 metrics
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
Key Terms
Grant, award, or other acquisition, Common Stock, Waste Management, Inc. 2023 Stock Incentive Plan, indirect
4 terms
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"
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.
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.
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.