Form 4: Waste Management SVP Exercises Stock Options and Sells Shares
SEC Form 4 Filing
Rafael Carrasco, SVP of Enterprise Strategy at Waste Management, exercised stock options and sold shares on November 8, 2024.
Summary
- On November 8, 2024, Rafael Carrasco, SVP of Enterprise Strategy at Waste Management, exercised stock options to acquire 2,455 shares of common stock at a price of $98.898 per share.
- Simultaneously, Carrasco disposed of 2,455 shares of common stock at a price of $225.7492 per share.
- Following these transactions, Carrasco directly owns 14,066.742 shares of Waste Management common stock.
- Carrasco also directly owns options to purchase 818 shares of Waste Management common stock at an exercise price of $98.898, which expire on February 19, 2029.
- The stock options were originally granted on February 19, 2020, and became exercisable on February 19, 2020.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider trading activity. 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 and provides transparency to the market regarding the trading activities of company executives.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and trading activity.
Key Dates
| Date | Description |
|---|---|
| 02/19/2020 | Date stock options were granted and became exercisable |
| 02/19/2029 | Expiration date of the stock options |
| 11/08/2024 | Date of the stock option exercise and share sale |
| 11/11/2024 | Date of the signature on the Form 4 filing |
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