STOCK TITAN

Tax withholding trims Waste Management (NYSE: WM) SVP share stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Waste Management SVP-Chief Information Officer Johnson Varkey reported a routine tax-withholding disposition of 192 shares of Common Stock at $233.935 per share. The shares were withheld to settle taxes on a restricted share award under the Waste Management, Inc. 2014 Stock Incentive Plan.

After this transaction, Varkey directly holds 9,100.7856 shares of Waste Management common stock. The filing reflects compensation-related share settlement rather than an open-market sale.

Positive

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Negative

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Insider Varkey Johnson
Role SVP-Chief Information Officer
Type Security Shares Price Value
Tax Withholding Common Stock 192 $233.935 $45K
Holdings After Transaction: Common Stock — 9,100.786 shares (Direct)
Footnotes (1)
  1. [object Object]
Tax-withholding shares 192 shares Common Stock disposed for tax withholding
Reported price per share $233.935 per share Value used for 192-share tax-withholding disposition
Shares owned after transaction 9,100.7856 shares Direct holdings following Form 4 event
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 192 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted share award financial
"Settlement of restricted share award granted under Waste Management, Inc. 2014 Stock Incentive Plan."
A restricted share award is a grant of company stock given to an employee or executive that only becomes permanent ownership if certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of it as a gift locked in a box that opens when the rules are satisfied; for investors, these awards can dilute existing shares and signal management’s incentives and confidence in future performance.
2014 Stock Incentive Plan financial
"granted under Waste Management, Inc. 2014 Stock Incentive Plan."
Common Stock financial
"security_title: "Common Stock" in the non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED 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*
Varkey Johnson

(Last)(First)(Middle)
800 CAPITOL STREET, SUITE 3000

(Street)
HOUSTON TEXAS 77002

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WASTE MANAGEMENT INC [ WM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP-Chief Information Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock(1)04/04/2026F192D$233.9359,100.7856D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Settlement of restricted share award granted under Waste Management, Inc. 2014 Stock Incentive Plan.
Courtney Tippy, Attorney-in-fact04/07/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Waste Management (WM) executive Johnson Varkey report?

Johnson Varkey reported a tax-withholding disposition of 192 shares of Waste Management Common Stock. The shares were delivered to cover tax obligations on a restricted share award granted under the company’s 2014 Stock Incentive Plan, not sold on the open market.

How many Waste Management (WM) shares were involved in Johnson Varkey’s Form 4 filing?

The Form 4 shows 192 shares of Waste Management Common Stock disposed of. These shares were withheld to satisfy tax liabilities tied to a restricted share award, consistent with standard equity compensation settlement practices for senior executives.

What price per share was used in Johnson Varkey’s Waste Management (WM) tax-withholding transaction?

The tax-withholding disposition used a price of $233.935 per share for 192 shares. This value is applied for reporting and tax purposes when settling restricted share awards, rather than reflecting an open-market trade initiated by the executive.

How many Waste Management (WM) shares does Johnson Varkey own after this transaction?

After the reported transaction, Johnson Varkey directly holds 9,100.7856 shares of Waste Management Common Stock. This remaining ownership indicates the tax-withholding event affected only a small portion of his overall equity position in the company.

What is the purpose of the restricted share award noted in Johnson Varkey’s Waste Management (WM) filing?

The filing states the transaction relates to settlement of a restricted share award granted under the Waste Management, Inc. 2014 Stock Incentive Plan. Such awards are part of long-term executive compensation, vesting over time and often triggering tax-withholding events.

Does Johnson Varkey’s Waste Management (WM) Form 4 indicate an open-market sale of shares?

No. The Form 4 describes a tax-withholding disposition, coded “F,” where 192 shares were delivered to cover tax liabilities. This is a compensation-related event, not an open-market decision to sell shares for investment or portfolio reasons.