Waste Management (WM) President & COO receives 19,011-share stock option grant

Rhea-AI Filing Summary

Waste Management, Inc. granted President & COO John J. Morris a stock option for 19,011 shares of common stock at an exercise price of $0.0000 per share under the company’s 2023 Stock Incentive Plan.

The option vests 34% on the first anniversary of the grant date, with 33% vesting on each of the second and third anniversaries, aligning a portion of his compensation with long-term company performance.

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^*

Morris John J

(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)
	President & COO

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		19,011		03/03/2027	03/03/2036	Common Stock	19,011	$0.0000	19,011	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.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What insider transaction did Waste Management (WM) report for John J. Morris?

Waste Management reported that President & COO John J. Morris received a stock option grant for 19,011 shares at an exercise price of $0.0000 per share, awarded under the Waste Management, Inc. 2023 Stock Incentive Plan as part of his compensation.

How many shares are covered by John J. Morris’s new stock option at Waste Management (WM)?

The stock option granted to John J. Morris covers 19,011 shares of Waste Management common stock. This entire amount was acquired as a single derivative award and represents his total stock option holdings following the reported transaction date of the grant.

What is the vesting schedule for John J. Morris’s Waste Management stock option grant?

The stock option vests 34% on the first anniversary of the grant date, with 33% vesting on the second anniversary and the remaining 33% vesting on the third anniversary, creating a three-year, time-based vesting structure for this equity award.

Under which plan was the John J. Morris stock option at Waste Management (WM) granted?

The stock option granted to John J. Morris was issued pursuant to the Waste Management, Inc. 2023 Stock Incentive Plan, which governs the terms of the award, including vesting conditions and the structure of this equity-based compensation.

Is John J. Morris’s Waste Management stock option grant a purchase or an award?

The transaction is classified as a grant or award acquisition of a derivative security, not an open-market purchase. It is coded as an "A" transaction, indicating a stock option granted as part of compensation rather than a traditional stock buy.

What role does John J. Morris hold at Waste Management (WM) in this Form 4 filing?

In this Form 4, John J. Morris is identified as an officer of Waste Management, holding the title "President & COO." The reported stock option grant reflects equity compensation associated with his executive leadership position at the company.