Waste Management (NYSE: WM) CEO awarded 57,034 stock options

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.

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

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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^*

Fish James C Jr

(Last) (First) (Middle)

800 CAPITOL STREET, SUITE 3000

(Street)

HOUSTON TX 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)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)(1)	$241.55	03/03/2026		A		57,034		03/03/2027	03/03/2036	Common Stock	57,034	$0.0000	57,034	D

Explanation of Responses:

1. Stock option granted pursuant to Waste Management, Inc. 2023 Stock Incentive Plan. The stock option vests 34% on the first anniversary of the date of grant with 33% vesting on the 2nd and 3rd anniversary of the date of grant.

	Courtney Tippy, Attorney-in-fact	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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.

Does the Waste Management (WM) Form 4 indicate any sale of shares by the CEO?

The Form 4 does not indicate any sale of shares by the CEO. It shows one derivative transaction categorized as an acquisition, reflecting a grant of 57,034 stock options, with no reported sales or dispositions in the summarized insider activity data.