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Waste Management (WM) CIO Varkey Johnson receives grant of 6,404 stock options

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

Rhea-AI Filing Summary

Waste Management, Inc. reported that its Senior Vice President and Chief Information Officer, Varkey Johnson, received a grant of 6,404 stock options on March 3, 2026. These options are reported as a grant/award acquisition and are held as direct ownership.

Following this transaction, Johnson held 6,404 stock options. According to the accompanying note, the options were granted under the Waste Management, Inc. 2023 Stock Incentive Plan and vest 34% on the first anniversary of the grant date, with 33% vesting on each of the second and third anniversaries.

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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*
Varkey Johnson

(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 Information Officer
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 6,404 03/03/2027 03/03/2036 Common Stock 6,404 $0.0000 6,404 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
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

What did Waste Management (WM) disclose in this Form 4 filing?

Waste Management disclosed that SVP-Chief Information Officer Varkey Johnson received a grant of 6,404 stock options. These options are part of equity-based compensation and are reported as directly owned following the transaction.

How many stock options did Varkey Johnson acquire in the WM Form 4?

SVP-Chief Information Officer Varkey Johnson acquired 6,404 stock options. After this grant, the filing shows he directly held a total of 6,404 stock options linked to Waste Management, Inc. common stock.

What is the vesting schedule of Varkey Johnson’s Waste Management stock options?

The 6,404 stock options vest over three years. 34% vests on the first anniversary of the grant date, and 33% vests on each of the second and third anniversaries, according to the accompanying footnote.

Under which plan were the Waste Management stock options granted to Varkey Johnson?

The stock options were granted under the Waste Management, Inc. 2023 Stock Incentive Plan. This plan provides equity awards, including stock options, to company executives as part of their long-term incentive compensation.

What type of transaction is reported for Waste Management executive Varkey Johnson?

The Form 4 reports a grant/award acquisition of a derivative security. It classifies the transaction as an acquisition of 6,404 stock options, rather than an open-market purchase or sale of Waste Management common stock.
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