Waste Management Enters Material Definitive Agreement

Ticker: WM · Form: 8-K · Filed: 2024-06-05T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, regulation-fd, financial-statements

TL;DR

WM signed a big deal, filing shows.

AI Summary

Waste Management, Inc. entered into a material definitive agreement on June 3, 2024. The filing also includes a Regulation FD disclosure and financial statements/exhibits. The company, formerly USA Waste Services Inc., is incorporated in Delaware and headquartered in Houston, Texas.

Why It Matters

This filing indicates a significant new agreement for Waste Management, Inc., which could impact its operations and financial performance.

Risk Assessment

Risk Level: low — The filing reports on a standard material definitive agreement without immediate negative financial implications.

Key Players & Entities

Waste Management, Inc. (company) — Registrant
USA Waste Services Inc. (company) — Former company name
June 3, 2024 (date) — Date of earliest event reported
June 4, 2024 (date) — Date as of change
June 5, 2024 (date) — Filing date

FAQ

What type of material definitive agreement did Waste Management, Inc. enter into?

The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on June 3, 2024.

What is the primary business of Waste Management, Inc.?

Waste Management, Inc. operates in the Refuse Systems industry, SIC code 4953.

When was Waste Management, Inc. previously known as?

The company was formerly known as USA Waste Services Inc., with a name change date of July 3, 1992.

Where is Waste Management, Inc. headquartered?

Waste Management, Inc. is headquartered at 800 Capitol Street, Suite 3000, Houston, Texas, 77002.

What other items are included in this 8-K filing besides the material definitive agreement?

This filing also includes a Regulation FD Disclosure and Financial Statements and Exhibits.

From the Filing

0001104659-24-068410.txt : 20240605 0001104659-24-068410.hdr.sgml : 20240605 20240604203443 ACCESSION NUMBER: 0001104659-24-068410 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240603 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240605 DATE AS OF CHANGE: 20240604 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WASTE MANAGEMENT INC CENTRAL INDEX KEY: 0000823768 STANDARD INDUSTRIAL CLASSIFICATION: REFUSE SYSTEMS [4953] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 731309529 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12154 FILM NUMBER: 241020446 BUSINESS ADDRESS: STREET 1: 800 CAPITOL STREET, STE 3000 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7135126200 MAIL ADDRESS: STREET 1: 800 CAPITOL STREET, STE 3000 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: USA WASTE SERVICES INC DATE OF NAME CHANGE: 19920703 8-K 1 tm2416276d1_8k.htm FORM 8-K false 0000823768 WASTE MANAGEMENT INC 0000823768 2024-06-03 2024-06-03 iso4217:USD xbrli:shares iso4217:USD xbrli:shares         SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549   FORM  8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): June 3, 2024   Waste Management, Inc. (Exact Name of Registrant as Specified in Charter)   Delaware   1-12154   73-1309529 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   800 Capitol Street , Suite 3000 , Houston , Texas   77002 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone number, including area code: ( 713 ) 512-6200      (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.01 par value   WM   New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨             Item 1.01 Entry into a Material Definitive Agreement     Merger Agreement   On June 3, 2024, Waste Management, Inc. (the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company, Stag Merger Sub Inc., a Delaware corporation and an indirect wholly-owned subsidiary of the Comp