David L. Reed, Executive Vice President and Chief Financial Officer of Waste Management Inc, filed a statement of changes in beneficial ownership on November 5, 2026, disclosing a gift transaction dated November 4, 2026, involving 531 shares of common stock.

Key Highlights

  • Reporting person: David L. Reed, EVP and CFO of Waste Management Inc (NYSE:WM)
  • Transaction date: November 4, 2026, involving 531 shares of Waste Management common stock
  • Transaction code: G (gift), at a reported price of $0.0000 per share
  • Disposal: 531 shares disposed of directly, reducing direct holdings to 2,373 shares
  • Acquisition: 531 shares acquired indirectly through the Cr77 Revocable Trust, bringing indirect holdings to 5,888.168 shares
  • Filing signed: by Courtney Tippy, Attorney-in-fact, on November 5, 2026

Reed's Gift Transaction Shifts Shares Between Direct and Trust Holdings

According to the filing, David L. Reed, who serves as Executive Vice President and Chief Financial Officer of Waste Management Inc, transferred 531 shares of the company's common stock on November 4, 2026. The transaction was coded "G," indicating a gift, and was recorded at a price of $0.0000. Waste Management is a large provider of environmental services in North America, and Reed's role as CFO places him among the company's principal officers subject to Section 16(a) reporting requirements.

The filing reports two entries for the same transaction date and share count. On the disposal side, 531 shares were removed from Reed's directly held position, which stood at 2,373 shares following the transaction. On the acquisition side, the same 531 shares were recorded as acquired indirectly through the Cr77 Revocable Trust, bringing that indirectly held position to 5,888.168 shares. No derivative securities were reported in Table II of the filing. The document was signed by Courtney Tippy as Attorney-in-fact on November 5, 2026.

What Was Disclosed

The filing disclosed a gift transfer of 531 shares of Waste Management common stock by CFO David L. Reed on November 4, 2026, shifting those shares from his direct holdings to the Cr77 Revocable Trust, with no cash consideration recorded.