---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-024739"
form_type: "8-K"
ticker: "WM"
cik: "0000823768"
company_name: "WASTE MANAGEMENT INC"
filed_at: "2026-03-06T23:59:59+00:00"
generated_at: "2026-05-15T19:12:54.920196+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# WM grants 2026 PSUs, stock options, and cash incentives to top executives

## Summary
- CEO Fish receives 49,350 PSUs and 57,034 stock options; COO Morris 16,450 PSUs and 19,011 options.
- CFO Reed gets 9,350 PSUs and 10,806 options; Hemmer and Carrasco each receive 7,272 PSUs and 8,405 options.
- Stock option exercise price set at $241.55 per share; vesting over 3 years.
- PSU performance measures: 50% cash flow generation (target $12.36B), 50% TSR relative to S&P 500.
- Cash incentive targets based on operating EBITDA, income from operations margin, and internal revenue growth plus sustainability scorecard.

## SEC filing metadata
- accession: 0001104659-26-024739
- form_type: 8-K
- ticker: WM
- cik: 0000823768
- company_name: WASTE MANAGEMENT INC
- filed_at: 2026-03-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/823768/000110465926024739/0001104659-26-024739-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/823768/000110465926024739/tm268015d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-024739
- JSON: https://secwatch.observer/filing/0001104659-26-024739.json
- Plain text: https://secwatch.observer/filing/0001104659-26-024739.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.