Form 4: Waste Management SVP Sells $299K in Stock

Waste Management's SVP of Enterprise Strategy, Rafael Carrasco, sold 1,380 shares of common stock for approximately $299,542.

Summary

• Rafael Carrasco, SVP of Enterprise Strategy at Waste Management Inc. (WM), reported a sale of common stock.
• The transaction involved the disposition of 1,380 shares of WM common stock.
• The shares were sold at a price of $217.06 per share.
• The total value of the shares sold amounts to approximately $299,542.80.
• Following this transaction, Carrasco beneficially owns 15,539.742 shares of common stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged sale.

Sentiment

Score: 5

Explanation: This Form 4 reports a routine insider stock sale executed under a pre-arranged 10b5-1 plan, which is generally considered neutral in terms of market sentiment as it often reflects personal financial planning rather than a change in company outlook.

Stakeholder Impact

• Shareholders: A routine insider sale under a 10b5-1 plan typically has minimal direct impact on shareholders, as it's a pre-scheduled event rather than a reactive decision.

Key Dates

Keywords

Waste Management, WM, Rafael Carrasco, Insider Trading, Form 4, Stock Sale, Executive Compensation, 10b5-1 Plan