Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Waste Management (WM)

Waste Management grants annual PSUs, stock options and cash awards to executives

Neutral Impact 1 of 5 other Written later

On February 25, 2025, Waste Management's Compensation Committee granted annual incentive awards to its named executive officers, including performance share units (PSUs), stock options and annual cash incentives under its 2023 Stock Incentive Plan. The filing is a routine annual grant that sets out the award terms, and it does not change the company's executive roster.

Key points

  • CEO James C. Fish, Jr. received 43,636 PSUs and 50,580 stock options, with options priced at $231.195 (fair market value on the grant date).
  • PSUs are split 50% on cash flow generation and 50% on total shareholder return relative to the S&P 500, measured through December 31, 2027, with payouts from 0% to 200% of target.
  • Stock options vest 34% after one year, 33% after two years and 33% after three years, and have a 10-year term.
  • Annual cash incentive payouts range from zero to 200% of target, based on operating EBITDA, income from operations excluding depreciation and amortization margin and internal revenue growth.

The filing

CompanyWaste Management (WM)
Form8-K, current report
Filed with the SECFeb 28, 2025, 4:05 PM ET
Accession number0001104659-25-019125

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 28, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.