Waste Management (NYSE: WM) CEO awarded 57,034 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fish James C Jr reported acquisition or exercise transactions in this Form 4 filing.
Waste Management, Inc. Chief Executive Officer James C. Fish Jr. received a grant of 57,034 stock options on the company’s common stock. The options were awarded under the 2023 Stock Incentive Plan and vest over three years: 34% after one year and 33% on each of the second and third anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fish James C Jr
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 57,034 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 57,034 shares (Direct)
Footnotes (1)
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FAQ
What did Waste Management (WM) disclose in this Form 4 for its CEO?
Waste Management reported that CEO James C. Fish Jr. received a grant of 57,034 stock options. These options were awarded under the company’s 2023 Stock Incentive Plan and represent a form of equity-based executive compensation tied to the company’s common stock.
How many stock options were granted to the Waste Management (WM) CEO?
James C. Fish Jr., CEO of Waste Management, was granted 57,034 stock options. This entire amount was reported as a single derivative transaction, directly owned by him, according to the Form 4 insider trading report filed for the grant date.
What plan governs the new stock option grant at Waste Management (WM)?
The stock options for Waste Management’s CEO were granted under the Waste Management, Inc. 2023 Stock Incentive Plan. This plan provides the framework and terms for equity awards, including how options are issued and how they vest for eligible participants such as executives.
What is the vesting schedule for the Waste Management (WM) CEO’s options?
The CEO’s 57,034 stock options vest over three years. Thirty-four percent vests on the first anniversary of the grant date, and 33 percent vests on each of the second and third anniversaries, according to the footnote included in the Form 4 disclosure.
Is the Waste Management (WM) CEO’s option grant classified as a purchase or acquisition?
The option grant is classified as an acquisition, not an open-market purchase. The Form 4 uses transaction code “A” and describes the event as a grant, award, or other acquisition of derivative securities, with the options directly owned following the transaction.