Form 4: Waste Management SVP Varkey Johnson Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Waste Management's SVP-Chief Information Officer, Varkey Johnson, reports acquisition and disposal of company stock, including shares to cover tax obligations.

Summary

  • Varkey Johnson, SVP-Chief Information Officer at Waste Management Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On January 30, 2025, Johnson acquired 3,706 shares of common stock at a price of $218.724 per share.
  • Also on January 30, 2025, 929 shares were disposed of to cover tax obligations at $218.724 per share.
  • On January 31, 2025, Johnson sold 560 shares of common stock at a weighted average price of $220.1068.
  • Following these transactions, Johnson beneficially owns 9,151.5312 shares of Waste Management Inc. common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transactions appear to be routine and related to compensation and tax obligations, with no clear indication of positive or negative outlook.

Industry Context

Insider transactions are routinely monitored to gauge executive sentiment and potential future performance of the company. This filing is a standard part of regulatory compliance for corporate officers.

Comparison to Industry Standards

  • Form 4 filings are standard practice for corporate insiders and are comparable across all publicly traded companies.
  • The transactions are relatively small in scale, suggesting routine portfolio management rather than a significant shift in sentiment.

Stakeholder Impact

  • The transactions are unlikely to have a significant impact on stakeholders as they represent a small portion of the overall outstanding shares.

Key Dates

DateDescription
01/30/2025Acquisition of 3,706 shares and disposal of 929 shares for tax obligations.
01/31/2025Sale of 560 shares.
02/01/2025Date of signature by Courtney Tippy, Attorney-in-fact.

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