Waste Management, Inc. (NYSE: WM) disclosed a sequence of insider transactions by Donald J. Smith, the company’s Senior Vice President of Operations, along with its fourth-quarter 2025 financial results.
According to a Form 4 filed with the U.S. Securities and Exchange Commission, Smith acquired 12,208 shares of Waste Management common stock on January 29, 2026. The shares were obtained at a per-share price of $226.41, yielding a total value of $2,764,013. The filing notes these shares were issued through the settlement of a performance share award that originated under the company’s 2014 Stock Incentive Plan.
Also on January 29, 2026, Smith disposed of 4,166 shares at the same unit price of $226.41, producing proceeds of $943,224. The following day, January 30, 2026, he sold an additional 690 shares of common stock at a price of $219.585 per share, for gross proceeds of approximately $151,513.
Following the transactions reported on the Form 4, Smith directly holds 13,376 shares of Waste Management common stock. In addition, he has an indirect holding of 4,716.2086 shares through a 401(k) Plan.
Separately, Waste Management published its fourth-quarter 2025 earnings figures. The company reported earnings per share of $1.93, which fell short of the consensus estimate of $1.95. Revenue for the quarter was $6.31 billion, compared with expectations of $6.39 billion.
The company’s earnings announcement did not include any updates regarding mergers or acquisitions. The filing and the earnings disclosure also noted that, at the time of the report, analysts had not issued recent upgrades or downgrades to Waste Management’s stock.
These disclosures - the executive’s share movements and the quarter’s results that slightly missed estimates - form the core of the company’s most recent public developments. The details are outlined in the SEC filing and the company’s quarterly release.