Waste Management Enters Material Definitive Agreement

TL;DR

WM just signed a big deal, filing says it's a material definitive agreement.

AI Summary

Waste Management, Inc. (WM) entered into a material definitive agreement on November 8, 2024, related to a direct financial obligation. The filing does not specify the exact nature of the agreement or the dollar amounts involved, but it is classified as a significant event requiring immediate disclosure.

Why It Matters

This filing indicates a significant financial event for Waste Management, Inc., which could impact its financial obligations and future operations.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and a direct financial obligation, which inherently carries financial risk that is not yet fully detailed.

Key Players & Entities

• Waste Management, Inc. (company) — Registrant
• November 8, 2024 (date) — Date of earliest event reported

FAQ

From the Filing

0001104659-24-115866.txt : 20241108 0001104659-24-115866.hdr.sgml : 20241108 20241108161504 ACCESSION NUMBER: 0001104659-24-115866 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20241108 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241108 DATE AS OF CHANGE: 20241108 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: 241440755 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 tm2427884d1_8k.htm FORM 8-K false 0000823768 WASTE MANAGEMENT INC 0000823768 2024-11-08 2024-11-08 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): November 8, 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.   Exchange Offer and Consent Solicitation   As previously announced, on November 4, 2024, Stag Merger Sub Inc. (“Merger Sub”), a Delaware corporation and wholly owned indirect subsidiary of Waste Management, Inc.