Waste Management (WM) SVP DeSantis reports equity award settlement and tax-driven share sales

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Waste Management SVP Christopher P. DeSantis reports equity award settlement and related share sales. On January 29, 2026, he acquired 1,373 shares of common stock at $226.41 per share from settlement of a performance share award under the company’s 2014 Stock Incentive Plan. That same day, 430 shares were disposed of at $226.41 per share to satisfy tax obligations. On January 30, 2026, he sold an additional 215 shares at $218.8501 per share to cover personal federal income tax under a Rule 10b5-1 trading plan. Following these transactions, he directly held 9,560.87 shares of Waste Management common stock.

Insider Trade Summary

Net Seller: 215 shares ($47,053)

Net Sell 3 txns

Insider DeSantis Christopher P.

Role SVP Operations - East

Sold 215 shs ($47K)

Type	Security	Shares	Price	Value
Sale	Common Stock	215	$218.8501	$47K
Grant/Award	Common Stock	1,373	$226.41	$311K
Tax Withholding	Common Stock	430	$226.41	$97K

Holdings After Transaction: Common Stock — 9,560.87 shares (Direct)

Footnotes (1)

Settlement of performance share award granted under Waste Management, Inc. 2014 Stock Incentive Plan Sale of additional shares to cover personal federal income tax obligation pursuant to a Rule 10b5-1 Trading Plan.

Form 4 Insider Transactions: What Each Field Means →

02/02/2026 - 12:10 PM

SEC Form 4

FORM 4

UNITED 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^*

DeSantis Christopher P.

(Last)

(First)

(Middle)

800 CAPITOL STREET, SUITE 3000

(Street)

HOUSTON

77002

(City)

(State)

(Zip)

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

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP Operations - East

3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾	01/29/2026		A		1,373	A	$226.41	10,205.87	D
Common Stock	01/29/2026		F		430	D	$226.41	9,775.87	D
Common Stock⁽²⁾	01/30/2026		S		215	D	$218.8501	9,560.87	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Settlement of performance share award granted under Waste Management, Inc. 2014 Stock Incentive Plan

2. Sale of additional shares to cover personal federal income tax obligation pursuant to a Rule 10b5-1 Trading Plan.

	Courtney Tippy, Attorney-in-fact	02/02/2026
	** 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 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did WM executive Christopher P. DeSantis report?

Christopher P. DeSantis reported acquiring 1,373 Waste Management common shares from a performance share award and disposing of 430 shares for taxes on January 29, 2026, plus selling 215 shares on January 30, 2026 under a Rule 10b5-1 trading plan.

How many Waste Management (WM) shares does Christopher P. DeSantis own after these trades?

After the reported transactions, Christopher P. DeSantis directly owns 9,560.87 shares of Waste Management common stock. This figure reflects the equity award settlement, tax-related share dispositions, and the Rule 10b5-1 sale disclosed in the Form 4 filing.

Why were some of Christopher P. DeSantis’s WM shares sold or withheld?

The filing states that 430 shares were disposed of to cover tax withholding tied to an equity award, and 215 additional shares were sold to cover personal federal income tax obligations under a pre-arranged Rule 10b5-1 trading plan.

What is the nature of the 1,373 WM shares acquired by Christopher P. DeSantis?

The 1,373 Waste Management shares were acquired through settlement of a performance share award granted under the Waste Management, Inc. 2014 Stock Incentive Plan, indicating compensation earned based on performance criteria rather than an open-market purchase.

At what prices were Christopher P. DeSantis’s WM stock transactions executed?

The equity award settlement and related tax share disposition on January 29, 2026 used a price of $226.41 per share. The additional 215-share sale on January 30, 2026 was executed at an average price of $218.8501 per Waste Management common share.

What role does Christopher P. DeSantis hold at Waste Management (WM)?

Christopher P. DeSantis is identified as an officer of Waste Management, serving as Senior Vice President, Operations - East. His status as an executive requires reporting his trading activity in company stock on Form 4 under U.S. securities regulations.