Skip to content
sellWeak cluster of 1010b5-1 plan

David L. Reed sold $8,498 of WM

EVP & CFO at WASTE MANAGEMENT INC. 37 shares at an average of $229.67, traded Feb 26, 2026, filed Feb 27, 2026.

Warning score
17
Value
$8,498
37 shares
Holdings after
8,746
-0% from before
From 52-week low
+19%
low $193.54, close $230.95
From 52-week high
-2%
high $236.41, as of Feb 26, 2026

Score components

  • Role
    CFO
    +22
  • Trade size
    $8k at market
    0
  • Share of holdings sold
    Sold 0.4% of holdings
    0
  • Cluster
    10 insiders selling within 14 days
    +15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -6.2%, 3m -11.8%, 6m -8.0%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

WMOct 12, 2026 · close 211.14
Since filing Feb 27, 2026: -11.2%SPY +14.3% · excess -25.5%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001225208-26-002728, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Feb 25, 2026FTax withholding
Common Stock10b5-1
-60$228.48$14k8,783Feb 27, 2026
Feb 26, 2026SOpen-market sale
Common Stock10b5-1
-37$229.67$8,4988,746Feb 27, 2026

Related signals

Other insiders at WASTE MANAGEMENT INC and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
39Weak
WMsell
WASTE MANAGEMENT INC
John A. Carroll
VP & Chief Accounting Officer
$300k
1,365 shares
-28%
24Weak
WMsell
WASTE MANAGEMENT INC
Rafael Carrasco
SVP of Enterprise Strategy
$585k
2,655 shares
-15%
10Weak
WMsell 810b5-1
WASTE MANAGEMENT INC
John A. Carroll
VP & Chief Accounting Officer
$12k
47 shares
-1%
10Weak
WMsell 810b5-1
WASTE MANAGEMENT INC
Christopher P. DeSantis
SVP Operations - East
$15k
61 shares
-1%
25Weak
WMsell 810b5-1
WASTE MANAGEMENT INC
John J Morris
President & COO
$1.0M
4,211 shares
-4%
17Weak
WMsell 810b5-1
WASTE MANAGEMENT INC
David L. Reed
EVP & CFO
$18k
75 shares
-1%
15Weak
WMsell 810b5-1
WASTE MANAGEMENT INC
Johnson Varkey
SVP-Chief Information Officer
$30k
121 shares
-1%
40Moderate
WMsell 810b5-1
WASTE MANAGEMENT INC
John J Morris
President & COO
$2.0M
7,979 shares
-7%
41Moderate
WMsell 9
WASTE MANAGEMENT INC
Johnson Varkey
SVP-Chief Information Officer
$151k
617 shares
-6%
35Weak
WMsell 910b5-1
WASTE MANAGEMENT INC
Tara J. Hemmer
SVP & Chief Sustainability Off
$1.2M
4,818 shares
-6%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

David L. Reed sold $8,498 of WM | InsiderTell