Fish James C Jr 4

What Happened

• James C. Fish Jr, CEO of Waste Management (WM), reported three open-market sales totaling 36,753 shares for aggregate proceeds of about $8.47 million.
  • Feb 6, 2026: 657 shares at a weighted avg $230.00 = $151,110.
  • Feb 9, 2026: 30,390 shares at a weighted avg $230.36 = $7,000,732.
  • Feb 10, 2026: 5,706 shares at a weighted avg $230.87 = $1,317,316.
• These transactions are sales (S) — dispositions of existing shares, not option exercises or awards.

Key Details

• Transaction dates/prices: Feb 6–10, 2026; weighted-average prices reported above.
• Aggregate shares sold: 36,753; aggregate proceeds: about $8.47M.
• Shares owned after transaction: not specified in this Form 4 filing.
• Footnotes: sales were executed in multiple trades. Reported weighted averages reflect price ranges of $230.00–$230.63 (F1) and $230.55–$231.68 (F2). The filer offers to provide full per-trade details on request.
• Filing timeliness: Form 4 filed Feb 10, 2026 — within the typical two-business-day reporting window for these trades.
• Transaction type: Open-market sales (routine disposition), not a purchase, award, or option exercise.

Context

• Open-market sales are common and can reflect many reasons (diversification, tax planning, preset plans). They are factual disclosures and do not, by themselves, prove a change in the insider’s view of the company. Purchases typically carry clearer signals of insider confidence than routine sales.