Waste Management (WM) COO Tara Hemmer receives 2,544 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hemmer Tara J. reported acquisition or exercise transactions in this Form 4 filing.
WASTE MANAGEMENT INC executive Tara J. Hemmer received an equity grant of 2,544 shares of Common Stock as restricted stock units. The award was granted at a stated price of $0.00 per share as part of her compensation.
The restricted stock units were granted under the 2023 Stock Incentive Plan and vest over three years: 34% on the first anniversary of the grant date and 33% on each of the second and third anniversaries. Following this grant, Hemmer holds a total of 81,461.5789 Common Stock shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hemmer Tara J.
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,544 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 81,461.579 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 2,544 shares
Grant price per share: $0.00 per share
Total shares after transaction: 81,461.5789 shares
+3 more
6 metrics
Restricted stock units granted
2,544 shares
Equity award of Common Stock units to EVP & COO
Grant price per share
$0.00 per share
Stated price for the restricted stock unit award
Total shares after transaction
81,461.5789 shares
Direct holdings of Common Stock following the grant
First-year vesting portion
34%
Vests on first anniversary of grant date
Second-year vesting portion
33%
Vests on second anniversary of grant date
Third-year vesting portion
33%
Vests on third anniversary of grant date
Key Terms
restricted stock units, 2023 Stock Incentive Plan, vesting, Executive Vice President (EVP) & Chief Operating Officer
4 terms
restricted stock units financial
"Represents restricted stock units granted pursuant to the 2023 Stock Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2023 Stock Incentive Plan financial
"Represents restricted stock units granted pursuant to the 2023 Stock Incentive Plan."
vesting financial
"Restricted stock units vest 34% on the first anniversary of the date of grant with 33% vesting on the 2nd and 3rd anniversary."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Executive Vice President (EVP) & Chief Operating Officer financial
"Tara J. Hemmer is identified as EVP & Chief Operating Officer."
FAQ
What insider transaction did WM executive Tara J. Hemmer report?
Tara J. Hemmer reported receiving 2,544 restricted stock units of WASTE MANAGEMENT INC Common Stock. The award was granted at a stated price of $0.00 per share as part of her compensation and was reported on a Form 4 insider filing.
How many restricted stock units did Tara J. Hemmer receive from WM?
Tara J. Hemmer received 2,544 restricted stock units of WASTE MANAGEMENT INC Common Stock. These units were granted under the company’s 2023 Stock Incentive Plan and increase her direct holdings as part of her long-term equity-based compensation package.
What is the vesting schedule for Tara J. Hemmer’s WM restricted stock units?
Hemmer’s 2,544 restricted stock units vest over three years. According to the filing, 34% vests on the first anniversary of the grant date, with 33% vesting on the second anniversary and 33% vesting on the third anniversary of the date of grant.
Under which plan were the WM restricted stock units granted to Tara J. Hemmer?
The restricted stock units granted to Tara J. Hemmer were issued pursuant to WASTE MANAGEMENT INC’s 2023 Stock Incentive Plan. This plan provides equity-based awards such as restricted stock units as part of the company’s executive and employee compensation programs.
What is Tara J. Hemmer’s role at WASTE MANAGEMENT INC in this Form 4?
In the Form 4, Tara J. Hemmer is identified as an officer of WASTE MANAGEMENT INC, serving as Executive Vice President (EVP) & Chief Operating Officer. The reported restricted stock unit grant is part of her equity compensation in that leadership role.