Form 4: Waste Management SVP Operations East, Christopher P. DeSantis, Reports Stock Transactions
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 February 23, 2024, Christopher P. DeSantis settled a restricted share award granted under Waste Management, Inc.'s 2014 Stock Incentive Plan, resulting in the disposition of 102 shares at $207.76.
- On February 26, 2024, DeSantis sold 59 shares at $208.0128 to cover personal federal income tax obligations under a Rule 10b5-1 Trading Plan.
- Following these transactions, DeSantis beneficially owns 8,057.075 shares of Waste Management Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel at Waste Management Inc.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are routine and related to tax obligations and a pre-arranged trading plan.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Settlement of restricted share award, resulting in the disposition of 102 shares. |
| 02/26/2024 | Sale of 59 shares to cover personal federal income tax obligation pursuant to a Rule 10b5-1 Trading Plan. |
| 02/27/2024 | Date of signature for the Form 4 filing. |
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