Monitor for follow-up filings or commentary—while the COO's sale is notable in dollar terms, it follows option exercises and may be part of a pre-arranged plan. No buying activity observed; continued selling could signal caution.
Price Chart
Executive Summary
Multiple Waste Management insiders conducted transactions over the past week, including open-market sales and tax-related share withholdings. The most significant activity was President & COO John J. Morris selling over $2.9 million in shares after exercising options, while other executives sold smaller amounts. The majority of transactions were non-cash tax withholdings, which are routine.
Key Financial Metrics
Key Facts
- President & COO John J. Morris sold 12,190 shares in open-market transactions totaling $2,980,276.18 after exercising 5,484 options twice (total 10,968 shares).
- Other C-suite executives (CFO, CAO, CIO, SVP) conducted open-market sales totaling $74,576.52 across 284 shares.
- Five insiders had tax withholding events (non-cash) totaling $122,924.45 for 595 shares, which is a routine administrative practice.
- Total open-market sales by insiders: $3.05 million over 7 days.
- Total insider transaction value (including non-cash): $4.23 million, representing ~0.004% of $99.4B market cap.
Financial Impact
$3.05 million in open-market insider selling over 7 days, plus $1.18 million in non-cash tax withholdings
Risk Factors
- Perception of insider pessimism due to large COO sale, though likely related to option exercise and diversification.
- Lack of offsetting insider buying may reduce confidence in near-term upside.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (12 trades, 7d window) | cluster-WM-1773171832658 |
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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