Varkey Johnson 4

What Happened
Varkey Johnson, Senior Vice President and Chief Information Officer at Waste Management, had 192 shares (disposed) withheld to satisfy tax withholding related to the settlement of a restricted share award. The shares were valued at $233.94 each for a total of $44,916. This transaction is reported on Form 4 as a withholding to cover tax liability (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-04-04
• Filing date (Form 4): 2026-04-07
• Shares involved: 192 shares withheld
• Price per share: $233.94; Total value: $44,916 (reported as disposition)
• Footnote: Settlement of restricted share award granted under Waste Management, Inc. 2014 Stock Incentive Plan (F1)
• Shares owned after transaction: Not specified in the filing
• Transaction type: Tax withholding on vested restricted shares (code F) — not a market sale or purchase

Context
Tax-withholding dispositions are routine when restricted stock vests: the company withholds a portion of shares to cover required taxes. Because these shares were surrendered for tax purposes rather than sold on the open market, they generally carry less informational weight about the insider’s view of the company compared with voluntary open-market buys or sells.