Waste Management (NYSE: WM) HR chief logs equity award, tax-driven share sales

Rhea-AI Filing Summary

Waste Management SVP and Chief HR Officer Kimberly G. Stith reported several share transactions in Waste Management common stock. On January 29, 2026, she acquired 1,006 shares at $226.41 per share from the settlement of a performance share award under the company’s 2014 Stock Incentive Plan, and 272 shares were disposed of at $226.41 per share to cover related obligations. On January 30, 2026, 157 shares were sold at $219.652 per share to cover personal federal income tax obligations pursuant to a Rule 10b5-1 trading plan. After these transactions, she directly held 4,775.7154 shares of Waste Management common stock.

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).

X

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^*

Stith Kimberly G.

(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)
	SVP - Chief HR Officer

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	01/29/2026		A		1,006	A	$226.41	5,204.7154	D
Common Stock	01/29/2026		F		272	D	$226.41	4,932.7154	D
Common Stock(2)	01/30/2026		S		157	D	$219.652	4,775.7154	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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.

FAQ

Who is the insider in this Waste Management (WM) Form 4 filing?

The insider is Kimberly G. Stith, who serves as Waste Management’s SVP and Chief HR Officer. The filing reports her direct transactions in Waste Management common stock, including share acquisition from a performance award and sales tied to tax obligations.

What shares did Kimberly G. Stith acquire in Waste Management (WM)?

She acquired 1,006 shares of Waste Management common stock on January 29, 2026 at $226.41 per share. This came from the settlement of a performance share award granted under Waste Management’s 2014 Stock Incentive Plan, increasing her direct holdings before subsequent tax-related disposals.

What shares did Kimberly G. Stith sell or dispose of in this WM Form 4?

She disposed of 272 shares on January 29, 2026 at $226.41 per share and sold 157 shares on January 30, 2026 at $219.652 per share. The filing explains these sales were to cover personal federal income tax obligations.

Were the Waste Management (WM) share sales under a Rule 10b5-1 plan?

Yes. The filing states that the sale of additional shares was made to cover personal federal income tax obligations pursuant to a Rule 10b5-1 Trading Plan. Such plans pre-schedule trades, helping insiders systematically manage transactions and reduce concerns about trading on nonpublic information.

How many Waste Management (WM) shares does Kimberly G. Stith own after these transactions?

After the reported transactions, Kimberly G. Stith directly owns 4,775.7154 shares of Waste Management common stock. This figure reflects the net result of the performance share settlement, shares withheld or sold to meet obligations, and the subsequent tax-related sale reported in the Form 4.

What is the source of the acquired WM shares in this insider transaction?

The 1,006 acquired shares came from the settlement of a performance share award under the Waste Management, Inc. 2014 Stock Incentive Plan. This indicates the shares were tied to an existing equity incentive arrangement rather than an open-market purchase by the executive.