Insider Cluster (2 insiders) ·Filed Feb 26, 2026

WM

WASTE MANAGEMENT INC
NEUTRAL
Impact 2/10
Horizonimmediate Processed7mo ago
Insider cluster: 2 insiders, $17K total
Actionable Insight • Neutral

No meaningful insider selling signal here — the volume and value are trivial. Traders should ignore this cluster as routine and focus on fundamental drivers.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d
WM ▼ -6.53% at T+60d
NEUTRAL call ✗ call lost -6.53% · α vs SPY -14.29% · entry $232.97 → $217.75
Entry anchored
Feb 25, 03:59 PM ET
via exchange tick
T+1d
+2.97%
call +2.97% · α +3.42%
$239.89
settled 7mo ago
T+5d
+5.21%
call +5.21% · α +6.34%
$245.12
settled 7mo ago
T+20d
-2.77%
call -2.77% · α +3.63%
$226.51
settled 6mo ago
T+60d
-6.53%
call -6.53% · α -14.29%
$217.75
settled 4mo ago

Price Chart

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Executive Summary

Two Waste Management executives, including the CFO and Chief Accounting Officer, sold small amounts of stock in the open market totaling $17K, while also surrendering shares for tax withholding purposes. The open-market sales are minimal in value and consistent with routine, pre-planned trading activity.

Key Financial Metrics

Direction
selling
Total Value
$17.0K
Insiders
2

Key Facts

  • EVP & CFO Reed David L. sold 37 shares for $8,498 and surrendered 60 shares for tax withholding ($13,709 value).
  • VP & Chief Accounting Officer John A. Carroll sold 37 shares for $8,491 and surrendered 60 shares for tax withholding ($13,709 value).
  • Total open-market sales: $17K across two insiders.
  • All transactions occurred over two days in late February 2026.
  • No purchases or other material transactions reported.

Financial Impact

$17K in total open-market sales, representing less than 0.00002% of WM's $94.3B market cap

insider ownershipshare count

Risk Factors

  • Minimal risk — activity appears to be standard portfolio management or tax-related.
  • No indication of distress or negative sentiment from insiders.

Market Snapshot

Exchange
NYSE

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (4 trades, 7d window)cluster-WM-1772211608763
11 reports for WM
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+60▲ +11.00%Mar 2, 2026
Filters
Rows
Reports for WM — sortable, filterable
TypeNow
Aug 26, 2026
5w ago
8-K
NEUTRAL ★ 3/10
$221.24 $207.96▼ −6.00%▼ −6.23%$203.49 (−8.02%)
May 13, 2026
20w ago
8-K
NEUTRAL ★ 2/10
$216.44 $218.79▲ +1.09%▲ +1.70%$203.49 (−5.98%)
May 13, 2026
20w ago
Court Ruling
NEUTRAL ★ 1/10
$216.44 $218.79▲ +1.09%▲ +1.70%$203.49 (−5.98%)
Mar 2, 2026
30w ago
Insider Cluster
NEUTRAL ★ 4/10
$242.11 $229.96▼ −5.02%▲ +2.92%$203.49 (−15.95%)
Mar 2, 2026
30w ago
Insider Cluster
BEARISH ★ 6/10
$242.11 $229.96▲ +5.02%▼ −2.92%$203.49 (+15.95%)
Mar 2, 2026
30w ago
Insider Cluster
BEARISH ★ 6/10
$242.11 $229.96▲ +5.02%▼ −2.92%$203.49 (+15.95%)
Feb 26, 2026
31w ago
Insider Cluster
NEUTRAL ★ 4/10
$232.97 $226.51▼ −2.77%▲ +3.63%$203.49 (−12.66%)
Feb 26, 2026
31w ago
Insider Cluster
BEARISH ★ 6/10
$232.97 $226.51▲ +2.77%▼ −3.63%$203.49 (+12.66%)
Feb 26, 2026
31w ago
Insider Cluster
NEUTRAL ★ 3/10
$232.97 $226.51▼ −2.77%▲ +3.63%$203.49 (−12.66%)
Feb 26, 2026
31w ago
Insider Cluster
NEUTRAL ★ 3/10
$232.97 $226.51▼ −2.77%▲ +3.63%$203.49 (−12.66%)
Showing 10 of 11

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Report published Feb 27, 2026