Form 4: Waste Management CEO James C. Fish Jr. Exercises Stock Options and Disposes of Shares
SEC Form 4 Filing
James C. Fish Jr., CEO of Waste Management Inc., exercised stock options and disposed of shares to cover tax obligations.
Summary
- On November 5, 2024, James C. Fish Jr., the President and CEO of Waste Management Inc., exercised stock options to acquire 44,125 shares of common stock at a price of $145.67 per share.
- Following the exercise of these options, Fish disposed of 35,495 shares to satisfy tax obligations at a price of $215.
- After these transactions, Fish directly owns 206,975 shares of Waste Management common stock.
- He also indirectly owns shares through a 401(k) plan and several trusts for the benefit of family members.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock option exercises and share disposals for tax purposes. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Insider transactions are routinely monitored by investors as they can provide insights into management's perspective on the company's valuation and future prospects. The exercise of options and subsequent sale of shares to cover taxes is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/01/2023 | Date stock options became exercisable |
| 11/05/2024 | Date of stock option exercise and share disposal |
| 03/01/2033 | Expiration date of stock options |
| 11/07/2024 | Date of signature by Attorney-in-fact |
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