Waste Management grants 2025 LTI awards to NEOs; CEO Fish receives 43,636 PSUs, 50,580 options

WASTE MANAGEMENT INC

CEO Fish: 43,636 PSUs (50% cash flow gen, 50% relative TSR) and 50,580 stock options at $231.195.
Other NEOs: Morris 11,272 PSUs/13,066 options; Rankin 9,818/11,380; Hemmer 7,636/8,851; Carrasco 7,636/8,851.
PSU performance period Jan 1, 2025–Dec 31, 2027; cash flow generation target $9.89B, threshold $9.14B, max $10.64B.
2025 annual cash incentive based on operating EBITDA, income margin, internal revenue growth; payout 0-200% of target.
Options vest 34%/33%/33% over 3 years; all grants awarded Feb 25, 2025.

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