Insider transaction
Tara J. Hemmer, who serves as Senior Vice President and Chief Sustainability Officer at Waste Management Inc (NYSE: WM), completed a sale of 4,818 shares of the company's common stock on March 2, 2026. The shares changed hands at $241.83 apiece, producing a gross transaction value of $1,165,136.
After the disposition, Hemmer's direct holdings in Waste Management stand at 78,917.5789 shares.
Regulatory disclosure
The sale was reported via a Form 4 filing with the U.S. Securities and Exchange Commission. The filing was signed by Courtney Tippy, identified as Attorney-in-fact, on March 3, 2026.
Corporate results and valuation note
Included among the updates investors can consider is Waste Management's fourth-quarter 2025 financial report. The company posted earnings per share of $1.93, short of the $1.95 analysts had forecast, a negative surprise quantified at 1.03 percent. Revenue for the quarter totaled $6.31 billion, below the $6.39 billion consensus forecast.
Also disclosed was a quarterly cash dividend of $0.945 per share. The dividend is scheduled for payment on March 27, 2026 to shareholders of record as of March 13, 2026.
Separately, the filing references InvestingPro analysis indicating Waste Management appears overvalued at current levels, with the company trading at a price-to-earnings ratio of 36.2 times earnings.
Investor considerations
The filing provides contemporaneous data points for market participants: a material insider sale by a senior executive, the company's reported quarterly performance that missed consensus on both EPS and revenue, a declared dividend with set record and payment dates, and an external valuation assessment citing a high P/E multiple. Each of these items is presented in the regulatory disclosure and company results as described above, and they form the latest factual inputs available to shareholders and analysts.