RSG insider filing: 7,338 shares planned sale valued at $1.72M
Rhea-AI Filing Summary
Republic Services, Inc. (RSG) filed a Form 144 notice reporting a proposed sale of 7,338 shares of common stock through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $1,716,666.40 and an approximate sale date of 08/22/2025.
The shares were acquired through restricted stock vesting on 02/17/2023 (974 shares), 03/01/2024 (4,019 shares), 02/18/2025 (1,798 shares) and 03/01/2025 (547 shares). The filer reports no securities sold in the past three months and certifies no undisclosed material adverse information.
Positive
- Full disclosure of planned sale quantity, broker, exchange and approximate sale date
- Acquisition history provided showing shares resulted from restricted stock vesting on specific dates
- No reported sales in the prior three months ("Nothing to Report")
Negative
- None.
Insights
TL;DR: Routine insider sale notice for 7,338 shares valued at $1.72M; timing and vesting schedule disclosed.
The Form 144 is a standard regulatory disclosure indicating an intended sale rather than a completed transaction. It lists the broker, the planned sale date of 08/22/2025, and the acquisition history showing the shares originated from restricted stock vesting across 2023-2025. There are no reported sales in the prior three months, which suggests this filing documents a planned disposition of vested compensation rather than active recent trading.
TL;DR: Filing documents compliance with Rule 144 for insider-held vested shares; disclosure appears complete.
The notice provides required details: class of security, broker identity, number of shares, aggregate value, acquisition dates and nature (restricted stock vesting), and a representation about material nonpublic information. This aligns with standard governance practices for officers or insiders disposing of vested compensation shares. The filing does not disclose any unusual governance issues.