Monitor for additional insider selling in coming weeks; a top executive exiting shares may signal caution ahead of earnings or strategic shifts, especially given the size of the COO's sale relative to typical patterns.
Price Chart
Executive Summary
Two Waste Management insiders conducted open-market sales within the past week, including President & COO John J. Morris selling nearly $2M worth of shares. A third transaction was a tax-related share surrender with no economic value. The cluster is dominated by one material sale from a top executive.
Key Financial Metrics
Key Facts
- President & COO John J. Morris sold 7,979 shares at $245.07, totaling $1,955,413.53 in open-market transactions
- SVP Operations - East Christopher P. DeSantis sold 61 shares for $14,975.50 and surrendered 107 shares for tax withholding valued at $26,355.17
- Total open-market sale value in cluster: $1,970,389.03
- Open-market sales represent ~0.002% of WM's $99.4B market cap
- All transactions occurred between March 6–9, 2026
Financial Impact
$1.97M in net insider selling from open-market transactions, led by COO
Risk Factors
- Top operational executive (COO) is reducing holdings, which may reflect reduced conviction in near-term performance
- Potential perception of weakening confidence if further selling follows
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-WM-1773165051811 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 26, 2026 5w ago | 8-K | $221.24 $207.96 | ▼ −6.00% | ▼ −6.23% | $204.45 (−7.59%) |
May 13, 2026 20w ago | 8-K | $216.44 $218.79 | ▲ +1.09% | ▲ +1.70% | $204.45 (−5.54%) |
May 13, 2026 20w ago | Court Ruling | $216.44 $218.79 | ▲ +1.09% | ▲ +1.70% | $204.45 (−5.54%) |
Mar 2, 2026 30w ago | Insider Cluster | $242.11 $229.96 | ▼ −5.02% | ▲ +2.92% | $204.45 (−15.55%) |
Mar 2, 2026 30w ago | Insider Cluster | $242.11 $229.96 | ▲ +5.02% | ▼ −2.92% | $204.45 (+15.55%) |
Mar 2, 2026 30w ago | Insider Cluster | $242.11 $229.96 | ▲ +5.02% | ▼ −2.92% | $204.45 (+15.55%) |
Feb 26, 2026 31w ago | Insider Cluster | $232.97 $226.51 | ▼ −2.77% | ▲ +3.63% | $204.45 (−12.24%) |
Feb 26, 2026 31w ago | Insider Cluster | $232.97 $226.51 | ▲ +2.77% | ▼ −3.63% | $204.45 (+12.24%) |
Feb 26, 2026 31w ago | Insider Cluster | $232.97 $226.51 | ▼ −2.77% | ▲ +3.63% | $204.45 (−12.24%) |
Feb 26, 2026 31w ago | Insider Cluster | $232.97 $226.51 | ▼ −2.77% | ▲ +3.63% | $204.45 (−12.24%) |
US Market Status
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