[Form 4] WASTE MANAGEMENT INC Insider Trading Activity

Rhea-AI Filing Summary

Waste Management Inc. (WM) reported an insider stock transaction by its SVP of Enterprise Strategy. On 11/20/2025, the officer sold 1,380 shares of common stock at a price of $217.06 per share. After this sale, the reporting person directly owns 15,539.742 shares of Waste Management common stock. The filing is made on Form 4, which discloses changes in the insider's beneficial ownership of the company’s equity.

Insider Trade Summary

Net Seller: 1,380 shares

Net Sell 1 txn

Insider Carrasco Rafael

Role SVP of Enterprise Strategy

Sold 1,380 shs ($300K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,380	$217.06	$300K

Holdings After Transaction: Common Stock — 15,539.742 shares (Direct)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 11/21/2025 - 11:47 AM Learn about SEC filing dates

FAQ

What insider transaction did Waste Management (WM) report in this Form 4?

The Form 4 shows that the SVP of Enterprise Strategy at Waste Management Inc. sold 1,380 shares of common stock in a reported transaction.

On what date did the Waste Management (WM) insider transaction occur?

The insider transaction took place on 11/20/2025, as reported in the Form 4 filing.

What price did the Waste Management (WM) officer receive per share in the sale?

The SVP of Enterprise Strategy sold the common stock at a price of $217.06 per share.

How many Waste Management (WM) shares does the insider own after this transaction?

Following the reported sale, the officer directly owns 15,539.742 shares of Waste Management common stock.

What is the role of the reporting person in Waste Management (WM)?

The reporting person is an officer of Waste Management Inc., serving as SVP of Enterprise Strategy.

Is this Waste Management (WM) Form 4 filed for one or multiple reporting persons?

This Form 4 is indicated as being filed by one reporting person, not a group.

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).

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^*

Carrasco Rafael

(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 of Enterprise Strategy

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025

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	11/20/2025		S		1,380	D	$217.06	15,539.742	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:

	Courtney Tippy, Attorney-in-fact	11/20/2025
	** 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.