Transaction details
Waste Management Inc. (NYSE: WM) President and Chief Operating Officer John J. Morris executed a sale of 7,979 shares of the company’s common stock on March 6, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares changed hands at $245.07 apiece, producing a total transaction value of $1.95 million.
The timing of the sale coincided with the stock trading close to its 52-week high of $248.13. InvestingPro data cited in the filing indicates the stock is currently assessed as overvalued when compared with its Fair Value analysis.
Shareholdings after the sale
Following the disposition, Morris directly holds 98,656 shares of Waste Management common stock. The filing also records indirect ownership of 2,439.3761 shares through a 401(k) plan.
Recent financial results and corporate actions
Waste Management reported fourth-quarter 2025 earnings with diluted earnings per share of $1.93, narrowly missing the consensus expectation of $1.95, a -1.03% surprise. Quarterly revenue totaled $6.31 billion versus a forecast of $6.39 billion.
The company announced a quarterly cash dividend of $0.945 per share, payable on March 27, 2026, to shareholders of record as of March 13, 2026. Separately, Waste Management’s Management Development and Compensation Committee awarded annual incentive compensation to several senior executives, including Chief Executive Officer James C. Fish, Jr.
Context for investors
The Form 4 filing provides the most recent public detail on Morris’s holdings and the transaction. The company’s financial release supplies contemporaneous operational and compensation information, highlighting the announced dividend and incentive awards alongside the quarter’s near-miss on EPS and revenue targets.
Note: The company is among those covered by InvestingPro’s Pro Research Reports, which the filing notes as part of its broader coverage universe of more than 1,400 U.S. equities and includes Fair Value analysis tools referenced in the filing.