Form 4: Waste Management Inc. Executive Kimberly G. Stith Reports Stock Transactions

Kimberly G. Stith, SVP Chief HR Officer of Waste Management Inc., reports acquisition and disposal of company stock, including transactions to cover tax obligations.

Summary

• On January 30, 2025, Kimberly G. Stith, SVP Chief HR Officer of Waste Management Inc., acquired 1,235 shares of common stock at $218.724 per share.
• Also on January 30, 2025, Stith disposed of 327 shares of common stock at $218.724 per share.
• On January 31, 2025, Stith sold 187 shares of common stock at a weighted average price of $220.0357, with prices ranging from $220.0350 to $220.0375.
• These transactions were executed to settle a performance share award and cover personal federal income tax obligations, with the latter occurring under a Rule 10b5-1 trading plan.
• Following these transactions, Stith beneficially owns 4,600.4609 shares of Waste Management Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It's a standard practice for publicly traded companies and their officers.

Comparison to Industry Standards

• Form 4 filings are standard practice across all publicly traded companies, including Waste Management's competitors such as Republic Services and Clean Harbors.
• Executive stock transactions are common and often related to compensation plans or tax obligations, similar to what is seen in other large corporations.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
• The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates