secwatch.observer — SEC 8-K summary
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Issuer:     WASTE MANAGEMENT INC (WM)
CIK:        0000823768
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001104659-26-027703
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WM CFO transition completed; former CFO Rankin receives $1M success bonus
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- Former EVP/CFO Devina Rankin resigned Nov 1, 2025, served as executive advisor through March 13, 2026.
- Rankin received a $1 million cash transition success bonus for orderly CFO transition to David Reed and Healthcare Solutions integration.
- Bonus is in addition to her 2025 annual incentive payout; she released claims against WM.
- No other compensation owed beyond unpaid salary and 2025 bonus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/823768/000110465926027703/0001104659-26-027703-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/823768/000110465926027703/tm268718d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-027703

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