No material insider selling pressure detected — transactions are consistent with routine portfolio management and option exercises. Monitor for follow-up selling, especially from C-suite executives.
Price Chart
Executive Summary
Multiple Waste Management insiders sold shares in a recent cluster, including a significant $1.17M open-market sale by SVP Tara Hemmer. CFO David L. Reed and VP John A. Carroll each made small open-market sales of $8.5K, while larger derivative exercises and tax-related share withholdings accounted for the rest of the activity. The open-market selling totals $1.18M, or 0.0012% of WM's $98B market cap, indicating routine, non-material activity.
Key Financial Metrics
Key Facts
- SVP Tara Hemmer sold $1.165M in shares via open-market transaction.
- CFO David L. Reed and VP John A. Carroll each sold 37 shares for ~$8.5K.
- Michael J. Watson exercised options for 12,642 shares (non-cash event, $1.59M value).
- Reed and Carroll each surrendered 60 shares for tax withholding (~$13.7K each).
- Total open-market selling: $1.18M (0.0012% of $98B market cap).
Financial Impact
$1.18M in net open-market selling by insiders, representing minimal economic impact
Risk Factors
- Perception risk from large individual sale by SVP Hemmer, though not material in size.
- Derivative exercises may signal near-term selling if shares are flipped.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (6 trades, 7d window) | cluster-WM-1772564269556 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 26, 2026 5w ago | 8-K | $221.24 $207.96 | ▼ −6.00% | ▼ −6.23% | $203.49 (−8.02%) |
May 13, 2026 20w ago | 8-K | $216.44 $218.79 | ▲ +1.09% | ▲ +1.70% | $203.49 (−5.98%) |
May 13, 2026 20w ago | Court Ruling | $216.44 $218.79 | ▲ +1.09% | ▲ +1.70% | $203.49 (−5.98%) |
Mar 2, 2026 30w ago | Insider Cluster | $242.11 $229.96 | ▼ −5.02% | ▲ +2.92% | $203.49 (−15.95%) |
Mar 2, 2026 30w ago | Insider Cluster | $242.11 $229.96 | ▲ +5.02% | ▼ −2.92% | $203.49 (+15.95%) |
Mar 2, 2026 30w ago | Insider Cluster | $242.11 $229.96 | ▲ +5.02% | ▼ −2.92% | $203.49 (+15.95%) |
Feb 26, 2026 31w ago | Insider Cluster | $232.97 $226.51 | ▼ −2.77% | ▲ +3.63% | $203.49 (−12.66%) |
Feb 26, 2026 31w ago | Insider Cluster | $232.97 $226.51 | ▲ +2.77% | ▼ −3.63% | $203.49 (+12.66%) |
Feb 26, 2026 31w ago | Insider Cluster | $232.97 $226.51 | ▼ −2.77% | ▲ +3.63% | $203.49 (−12.66%) |
Feb 26, 2026 31w ago | Insider Cluster | $232.97 $226.51 | ▼ −2.77% | ▲ +3.63% | $203.49 (−12.66%) |
US Market Status
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