secwatch.observer — SEC 8-K summary
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Issuer:     WASTE MANAGEMENT INC (WM)
CIK:        0000823768
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001104659-23-030666
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WM names John Carroll as Chief Accounting Officer; grants PSUs and stock options to executives
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- John Carroll elected VP and CAO, succeeding Leslie Nagy who becomes VP and Treasurer; Reed moves to field operations.
- Carroll's annual base salary increased to $330,400; no other compensatory modifications.
- PSUs to CEO Fish (51,316), COO Morris (14,210), CFO Rankin (12,106) with 0-200% payout based on cash flow & TSR through 2025.
- Stock options to same executives: Fish 59,415, Morris 16,453, Rankin 14,016; exercise price $150.115, vest 3yr, term 10yr.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/823768/000110465923030666/0001104659-23-030666-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/823768/000110465923030666/tm238966d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-030666

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer