Waste Management (WM)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-06-05 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: WASTE MANAGEMENT INC (WM) CIK: 0000823768 --- Reporting Owner --- Name: Carrasco Rafael CIK: 0001870418 Role: Officer (SVP of Enterprise Strategy) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-06-05 | Code: M (Exercise of derivative) Shares: +2,655 | Price: $126.00 Total Value: $334,543.28 Shares Owned After: 18,194.742 | Ownership: D (Direct) [Transaction #2] Security: Common Stock Date: 2026-06-05 | Code: S (Open market sale) Shares: -2,655 | Price: $220.47 Total Value: $585,334.57 Shares Owned After: 15,539.742 | Ownership: D (Direct) --- Derivative Transactions --- [Transaction #1] Security: Stock Option (Right to Buy) Date: 2026-06-05 | Code: M (Exercise of derivative) Shares: -2,655 | Price: $126.00 Exercisable: N/A | Expires: 2030-02-19 Shares Owned After: 0 | Ownership: D (Direct) --- Signature --- /s/ Courtney Tippy, Attorney-in-fact (2026-06-08)