Insider Trading February 2, 2026

Waste Management SVP Disposes of $47,052 in Shares Following Award Settlement

Transactions recorded in SEC filing coincide with company fourth-quarter results that narrowly missed analyst estimates

By Maya Rios WM
Waste Management SVP Disposes of $47,052 in Shares Following Award Settlement
WM

Christopher P. DeSantis, Senior Vice President, Operations - East at Waste Management (NYSE: WM), executed a series of stock transactions at the end of January, including a sale of 215 shares valued at $47,052 and the settlement-based acquisition of 1,373 shares. The activity, detailed in a Form 4 filing, comes amid company fourth-quarter 2025 results that modestly missed Wall Street forecasts for both earnings per share and revenue.

Key Points

  • Christopher P. DeSantis, SVP Operations - East, sold 215 shares on January 30 at $218.8501, totaling $47,052.
  • On January 29 DeSantis acquired 1373 shares at $226.41 worth $310860 from the settlement of a performance share award under the 2014 Stock Incentive Plan and disposed of 430 shares at $226.41 totaling $97356.
  • Waste Management reported Q4 2025 EPS of $1.93 and revenue of $6.31 billion, missing analyst expectations of $1.95 and $6.39 billion, respectively.

Christopher P. DeSantis, who serves as Senior Vice President, Operations - East at Waste Management (NYSE: WM), sold 215 shares of the companys common stock on January 30 at a per-share price of $218.8501, for a total sale value of $47,052.

According to a Form 4 submitted to the Securities and Exchange Commission, DeSantis also recorded activity on January 29 related to a performance share award. On that date he acquired 1373 shares of Waste Management common stock at a price of $226.41, valued at $310860, as the result of the settlement of a performance share award that was granted under the companys 2014 Stock Incentive Plan. The same filing shows that 430 shares were disposed of on January 29 at the price of $226.41, totaling $97356.

After accounting for these recorded transactions, the filing lists DeSantis as directly owning 9560.87 shares of Waste Management common stock.


These insider transactions arrive at the same time the company released its fourth-quarter 2025 financials. Waste Management reported earnings per share of $1.93, which fell short of the $1.95 analysts had forecast. The company also posted revenue of $6.31 billion, missing the anticipated $6.39 billion figure.

The filing and the quarterly results together provide recent, concrete data points for investors and analysts who follow Waste Management. The earnings and revenue misses were described in the companys reported results and are being monitored in the market. While these outcomes may factor into analyst views and investor assessments, the record shows no specific upgrades or downgrades noted in recent communications.


Summary of recorded transactions and reported results:

  • Sale of 215 shares on January 30 at $218.8501 per share, totaling $47,052.
  • Settlement acquisition of 1373 shares on January 29 at $226.41 per share, valued at $310860, from a performance share award under the 2014 Stock Incentive Plan.
  • Disposition of 430 shares on January 29 at $226.41 per share, totaling $97356.
  • Direct ownership after transactions: 9560.87 shares.
  • Fourth-quarter 2025 results: EPS of $1.93 (vs. $1.95 expected) and revenue of $6.31 billion (vs. $6.39 billion expected).

The Form 4 filing provides the documented details of the insider transactions, and the quarter-end financial report supplies the earnings and revenue figures that investors and analysts will interpret alongside the ownership changes.

Risks

  • Investor reassessment risk - The reported quarterly earnings and revenue misses may prompt investors to reevaluate valuation and near-term outlook for the waste services sector and equity holders.
  • Analyst reaction uncertainty - While the article notes that analyst opinions could be influenced by the results, there were no specific upgrades or downgrades recorded, leaving short-term analyst direction unclear for the stocks and markets covering waste management services.
  • Limited disclosure on insider motives - The filings document the transactions and the award settlement but do not provide additional context on the motivations behind the sales, creating uncertainty for market participants interpreting insider intent.

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