Form 4: Waste Management SVP Johnson Varkey Reports Stock Disposal

Johnson Varkey, SVP-Chief Information Officer of Waste Management Inc., reports the disposal of 415 shares of common stock on February 23, 2024, to cover taxes related to a restricted share award.

Summary

• On February 23, 2024, Johnson Varkey, the SVP-Chief Information Officer of Waste Management Inc., disposed of 415 shares of common stock.
• The transaction was executed at a price of $207.76 per share.
• This disposal was related to the settlement of a restricted share award granted under the Waste Management, Inc. 2014 Stock Incentive Plan.
• Following the transaction, Varkey directly owns 6,817.348 shares of Waste Management Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting an insider transaction. It doesn't inherently convey positive or negative sentiment, as it's a factual disclosure.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common among corporate executives as part of their compensation packages. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a routine disposal of shares by an executive to cover tax obligations.

Key Dates