Waste Management (NYSE: WM) SVP receives 10,006-share stock option award

Rhea-AI Filing Summary

Waste Management, Inc. reported that Christopher P. DeSantis, SVP Operations - East, acquired a stock option award covering 10,006 shares of common stock. The option was granted at a stated price of $0.0000 per share and is held as direct ownership.

According to the grant terms, the option was issued under the Waste Management, Inc. 2023 Stock Incentive Plan. The award vests over three years, with 34% vesting on the first anniversary of the grant date and 33% vesting on each of the second and third anniversaries.

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^*

DeSantis Christopher P.

(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 Operations - East

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		10,006		03/03/2027	03/03/2036	Common Stock	10,006	$0.0000	10,006	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
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FAQ

What insider transaction did Waste Management (WM) report for Christopher P. DeSantis?

Waste Management reported that SVP Operations - East Christopher P. DeSantis received a stock option grant for 10,006 shares. The award is a derivative security labeled as a “Stock Option (Right to Buy)” with a stated transaction price of $0.0000 per share.

How many Waste Management (WM) stock options were granted to Christopher P. DeSantis?

Christopher P. DeSantis was granted stock options covering 10,006 shares of Waste Management common stock. Following this award, his reported holdings in this option total 10,006 derivative securities, all reflected as directly owned in the filing.

What plan governs the new stock option grant reported for Waste Management (WM)?

The stock option granted to Christopher P. DeSantis was issued under the Waste Management, Inc. 2023 Stock Incentive Plan. This plan serves as the governing equity compensation program for the award referenced in the Form 4 insider transaction.

What is the vesting schedule for Christopher P. DeSantis’s Waste Management (WM) stock options?

The option vests 34% on the first anniversary of the grant date, with 33% vesting on the second anniversary and 33% on the third anniversary. This structure spreads vesting of the 10,006-share award over a three-year period.

Is the Waste Management (WM) insider transaction a purchase or an award of options?

The transaction is an award of options, not an open-market share purchase. It is coded as a grant, award, or other acquisition (transaction code A) of a Stock Option (Right to Buy) under the company’s 2023 Stock Incentive Plan.

How is ownership of the new Waste Management (WM) stock options classified for Christopher P. DeSantis?

The filing classifies the new 10,006-share stock option award as directly owned by Christopher P. DeSantis. The ownership code is listed as “D” for direct, with no indication of indirect entities or separate voting authority.