Waste Management (NYSE: WM) VP settles stock awards and sells shares

Rhea-AI Filing Summary

Waste Management VP & Chief Accounting Officer John A. Carroll reported several stock transactions in late January 2026. On January 29, 2026, he acquired 1,053 and 339 shares of common stock at $226.41 per share from settlements of performance share awards under the company’s 2014 and 2023 stock incentive plans, and 371 shares were disposed of at the same price to cover tax obligations.

On January 30, 2026, he sold 220 shares of common stock at a weighted average price of $219.571 per share pursuant to a Rule 10b5-1 trading plan. After these transactions, he directly owned 9,330.3039 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
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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).

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^*

Carroll John A.

(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)
	VP & Chief Accounting 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		1,053	A	$226.41	9,582.3039	D
Common Stock(2)	01/29/2026		A		339	A	$226.41	9,921.3039	D
Common Stock	01/29/2026		F		371	D	$226.41	9,550.3039	D
Common Stock(3)	01/30/2026		S		220	D	$219.571(4)	9,330.3039	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. Settlement of performance share award granted under Waste Management, Inc. 2023 Stock Incentive Plan

3. Sale of additional shares to cover personal federal income tax obligation pursuant to a Rule 10b5-1 Trading Plan.

4. This transaction was executed in multiple trades at prices ranging from $219.5300 to $219.7000. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

	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.
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FAQ

What does the latest Form 4 for Waste Management (WM) show?

The Form 4 shows VP & Chief Accounting Officer John A. Carroll settling performance share awards and making related stock transactions in January 2026, including tax-related share disposals and a small open-market sale under a Rule 10b5-1 trading plan.

How many Waste Management (WM) shares did John A. Carroll sell and at what price?

John A. Carroll sold 220 shares of Waste Management common stock on January 30, 2026 at a weighted average price of $219.571 per share. The trade was executed in multiple lots between $219.53 and $219.70, reported as a single average price.

What stock awards did Waste Management (WM) settle for John A. Carroll?

On January 29, 2026, Waste Management settled performance share awards for John A. Carroll under its 2014 and 2023 Stock Incentive Plans, delivering 1,053 shares from the 2014 plan and 339 shares from the 2023 plan as common stock.

Were any Waste Management (WM) shares sold to cover taxes for John A. Carroll?

Yes. On January 29, 2026, 371 shares of Waste Management common stock were sold to cover John A. Carroll’s personal federal income tax obligation arising from award settlement, pursuant to a pre-established Rule 10b5-1 Trading Plan disclosed in the filing.

How many Waste Management (WM) shares does John A. Carroll own after these transactions?

Following the reported January 2026 transactions, John A. Carroll directly owned 9,330.3039 shares of Waste Management common stock. This figure reflects the net result after award settlements, shares disposed to cover taxes, and the 220-share open-market sale.