At the peak of his career, David Steiner held a considerable amount of stock options at Waste Management, amounting to about 1.1 million options, which were ultimately worth millions when exercised. His stock options and performance shares were a substantial...

At the peak of his career, David Steiner held a considerable amount of stock options at Waste Management, amounting to about 1.1 million options, which were ultimately worth millions when exercised. His stock options and performance shares were a substantial part of his wealth, ensuring he had skin in the game. After shifting from traditional stock options to performance shares, the total value of his holdings indicated a strong alignment with company performance. Even as he retired, he had a significant ownership stake, showcasing a big investment in the company’s future. Throughout the years, his holdings fluctuated in value, but he effectively navigated his portfolio to retain a major position in the company’s equity.