Form 4: Waste Management SVP Operations East, Christopher P. DeSantis, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Christopher P. DeSantis, SVP Operations East at Waste Management Inc., reports the disposition of shares to cover tax obligations and settlement of a restricted share award.
Summary
- On March 1, 2025, Christopher P. DeSantis settled a restricted share award granted under Waste Management, Inc.'s 2014 Stock Incentive Plan, resulting in the disposition of 91 shares at a price of $231.37.
- On March 3, 2025, DeSantis sold 45 shares at $234.83 to cover personal federal income tax obligations.
- Following these transactions, DeSantis directly owns 8,714.2582 shares of Waste Management Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment about the company's performance or future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine stock sales for tax purposes and settlement of stock awards.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Settlement of restricted share award. |
| 03/03/2025 | Sale of shares to cover personal federal income tax obligation. |
| 03/04/2025 | Date of signature by Attorney-in-fact. |
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