Stith Kimberly G. 4

What Happened

• Kimberly G. Stith, SVP and Chief Human Resources Officer of Waste Management, had 31 shares withheld on 2026-03-01 to satisfy tax obligations related to a restricted share award (settlement under the 2023 Stock Incentive Plan) — 31 shares @ $238.21, value reported $7,385. The next day (2026-03-02) she sold 21 shares in an open-market transaction — 21 shares @ $243.13, proceeds reported $5,106. Both actions are disposals (sales/withholding) rather than purchases.

Key Details

• Dates and prices:
  • 2026-03-01: 31 shares withheld for tax/settlement at $238.21 (reported value $7,385). (Code F)
  • 2026-03-02: 21 shares sold open market at $243.13 (proceeds $5,106). (Code S)
• Shares owned after the transactions: Not specified in the reported excerpt.
• Footnotes:
  • F1: The 31-share withholding was the settlement of a restricted share award under Waste Management’s 2023 Stock Incentive Plan.
  • F2: The 21-share sale was to cover personal federal income tax obligations and executed pursuant to a Rule 10b5-1 trading plan.
• Filing timeliness: Report filed 2026-03-03; appears to be filed timely (within Form 4 reporting window).

Context

• These were not purchases; the transactions are routine tax-withholding/covering transactions tied to equity compensation and a pre-established 10b5-1 plan. Such disposals are common when RSUs vest and do not by themselves indicate management sentiment about the company’s prospects.