WM WASTE MANAGEMENT INC
Price Chart
Executive Summary
Multiple senior executives at Waste Management, including the CFO, CIO, and Chief Sustainability Officer, conducted open-market share sales over the past week, totaling approximately $2.88 million in aggregate. The largest sales came from Tara Hemmer ($1.17M) and Michael Watson (derivative exercise of $1.59M, non-cash), while several smaller open-market and tax-related transactions also occurred. Most of the selling was by C-suite officers, with open-market dispositions accounting for over $1.32 million.
Key Financial Metrics
Actionable Insight
While the dollar amount is small relative to market cap, the concentration of open-market selling among top executives — especially the CFO and Chief Sustainability Officer — may signal caution. Traders should watch for any changes in earnings guidance, ESG performance, or capital allocation strategy in the next earnings report.
Key Facts
- SVP & Chief Sustainability Officer Tara Hemmer sold $1.17M in shares via open-market transaction.
- CFO David Reed sold $13.6K in shares across two open-market trades and had $7.4K in tax withholding.
- SVP CIO Varkey Johnson sold $150.6K in shares; SVP HR Stith sold $5.1K and had $7.4K in tax withholding.
- Michael Watson exercised derivatives for 12,642 shares ($1.59M value) — a non-cash event.
- Total open-market sales in cluster: ~$1.32 million from 6 transactions.
- All open-market sales occurred at prices between $229 and $244 per share.
- Cluster represents ~0.0013% of WM's $98.2B market cap — small in relative terms but notable due to concentration of C-suite selling.
Financial Impact
$1.32 million in net open-market selling by insiders, plus $1.59 million non-cash derivative exercise
Risk Factors
- Perception of insider pessimism, particularly with CFO participation in selling
- Potential misinterpretation of routine stock plan activity as negative signal
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (9 trades, 7d window) | cluster-WM-1772646846705 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 13, 2026
27d ago
|
8-K
| $216.44 $222.34 | ▲ +2.73% | ▲ +3.88% | $221.30 (+2.25%) |
|
May 13, 2026
28d ago
|
Court Ruling
| $216.44 $219.59 | ▲ +1.46% | ▲ +1.60% | $221.30 (+2.25%) |
|
Mar 2, 2026
14w ago
|
Insider Cluster
| $242.11 $245.53 | ▲ +1.42% | ▲ +2.62% | $221.30 (−8.59%) |
|
Mar 2, 2026
14w ago
|
Insider Cluster
| $242.11 $245.53 | ▼ −1.42% | ▼ −2.62% | $221.30 (+8.59%) |
|
Mar 2, 2026
14w ago
|
Insider Cluster
| $242.11 $245.53 | ▼ −1.42% | ▼ −2.62% | $221.30 (+8.59%) |
|
Feb 26, 2026
14w ago
|
Insider Cluster
| $232.97 $245.12 | ▲ +5.21% | ▲ +6.34% | $221.30 (−5.01%) |
|
Feb 26, 2026
14w ago
|
Insider Cluster
| $232.97 $245.12 | ▼ −5.21% | ▼ −6.34% | $221.30 (+5.01%) |
|
Feb 26, 2026
14w ago
|
Insider Cluster
| $232.97 $245.12 | ▲ +5.21% | ▲ +6.34% | $221.30 (−5.01%) |
|
Feb 26, 2026
14w ago
|
Insider Cluster
| $232.97 $245.12 | ▲ +5.21% | ▲ +6.34% | $221.30 (−5.01%) |
|
Feb 26, 2026
14w ago
|
Insider Cluster
| $232.97 $245.12 | ▲ +5.21% | ▲ +6.34% | $221.30 (−5.01%) |
US Market Status
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