John A. Carroll, who serves as Vice President and Chief Accounting Officer at Waste Management Inc. (NYSE: WM), completed two separate disposals of company stock at the end of February 2026.
On February 26, 2026, Carroll sold 37 shares of common stock at a price of $229.475 per share, producing proceeds of approximately $8,490. The prior day, February 25, 2026, he disposed of 60 shares at $228.48 per share for a total value of $13,708. The February 25 transaction is identified as associated with the settlement of a restricted share award granted under the Waste Management, Inc. 2023 Stock Incentive Plan.
After these transactions, Carroll's direct ownership in Waste Management stands at 8,212.3039 shares.
Those insider transactions arrive as the company reported its fourth-quarter 2025 financial results. Waste Management posted diluted earnings per share of $1.93, narrowly below the consensus expectation of $1.95, a shortfall quantified as a -1.03% surprise. Revenue for the quarter was $6.31 billion, missing the forecasted $6.39 billion.
The earnings and revenue misses drew investor attention and coincided with a decline in the company’s stock price following the announcement.
Separately, analysis from InvestingPro flagged Waste Management as appearing overvalued at current trading levels, citing a price-to-earnings ratio of 35.6. The company is listed on InvestingPro’s Most Overvalued stocks list, with additional detail available through Pro Research Reports, according to that analysis.
Taken together, the small-scale insider disposals, the restricted share settlement, the marginal earnings and revenue shortfalls for the fourth quarter of 2025, and the InvestingPro valuation posture form the factual context surrounding the company at present. The transactions and results are presented here without inference beyond the recorded figures and commentary supplied in the cited analysis.
Summary
Two small disposals by Waste Management’s Chief Accounting Officer in late February 2026 - including a settlement of restricted shares - reduced his direct holding to 8,212.3039 shares. The trades coincided with fourth-quarter 2025 results that modestly missed expectations on both EPS and revenue, and with an InvestingPro assessment that the stock is overvalued based on a 35.6 P/E ratio.
Key points
- Insider transactions: 37 shares sold on February 26, 2026 at $229.475 (~$8,490) and 60 shares disposed on February 25, 2026 at $228.48 ($13,708) related to a restricted share award settlement.
- Post-transaction ownership: Carroll directly holds 8,212.3039 shares of Waste Management Inc.
- Financial backdrop: Q4 2025 EPS of $1.93 vs. $1.95 expected (-1.03% surprise); revenue of $6.31 billion vs. $6.39 billion expected; InvestingPro flags a P/E of 35.6 and lists the stock as most overvalued.
Risks and uncertainties
- Valuation risk: InvestingPro’s assessment places the stock on a Most Overvalued list based on a 35.6 P/E ratio - a factor for valuation-focused investors and analysts tracking equity market positioning.
- Earnings and revenue shortfall: The modest EPS and revenue misses for Q4 2025 introduce near-term performance uncertainty that may influence market sentiment and stock price volatility.
- Insider activity interpretation: Small disposals tied to a restricted share settlement may be interpreted variably by market participants - the scale is limited but the timing coincides with recent quarterly results.
Topics addressed here pertain primarily to corporate governance and equity valuation within the waste management and broader industrial services sectors, with implications for investors following company-specific operating performance and executive share activity.