Republic Services (RSG) awards non-management director 1,095 RSUs on 01/02/2026

Rhea-AI Filing Summary

Republic Services, Inc. reported that a non-management Director received an annual equity award of 1,095 restricted stock units (RSUs) on 01/02/2026 under the company’s 2021 Stock Incentive Plan. The grant was valued at $230,000, with the number of RSUs calculated using the closing common stock price of $210.20 on the grant date, based on a 1-for-1 conversion into common shares. The RSUs from this grant vest immediately, but the Director may not convert them into common stock until the earlier of the last day of the month including the three-year anniversary of the award, identified as 01/31/2029, unless the Director defers settlement or leaves the Board before that time.

Insights

Equity compensation and governance analyst

Routine director RSU grant valued at $230,000 with deferred settlement.

Republic Services, Inc. (RSG) granted a non-management Director 1,095 restricted stock units on 01/02/2026 under the 2021 Stock Incentive Plan. The grant value was $230,000, determined using the closing common stock price of $210.20 per share on the grant date and a 1-for-1 conversion ratio into common stock.

The RSUs vest immediately, but the Director cannot convert them into common shares until the earlier of the last day of the month that includes the three-year anniversary of the award, noted as 01/31/2029, or the date the Director leaves the Board, unless the Director elects to defer further. This structure aligns compensation with long-term service and equity exposure, while delaying actual share delivery.

This is a standard form of non-cash director compensation and does not, by itself, indicate a change in company strategy or financial condition. Future company disclosures may provide additional detail on broader equity compensation practices if they evolve.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

TYLER BRIAN S.

(Last) (First) (Middle)

C/O 5353 E. CITY NORTH DRIVE

(Street)

PHOENIX AZ 85054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
REPUBLIC SERVICES, INC. [ RSG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	01/02/2026		A		1,095		(2)	(2)	Common Stock	1,095	$0	1,095	D

Explanation of Responses:

1. Based on 1 on 1 conversion.

2. On 01/02/2026 ("Date of Grant"), each non-management Director received an annual award of 1,095 Restricted Stock Units ("RSUs") pursuant to the Republic Services, Inc. 2021 Stock Incentive Plan. The grant was based on a value on the Date of Grant of $230,000, with the number of RSUs calculated based on the closing stock price of the Company's common stock on the Date of Grant ($210.20). The RSUs under this 01/02/2026 grant immediately vest; however, the Director cannot convert any of the RSUs to Company common stock (based on a 1 on 1 conversion) until the earlier of the last day of the month in which the three-year anniversary of the date of the award occurs (for this grant being 01/31/2029), unless deferred by the Director, or the date on which the Director leaves the Board.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	01/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What equity award did the Republic Services (RSG) director receive on 01/02/2026?

On 01/02/2026, a non-management Director of Republic Services, Inc. (RSG) received an annual award of 1,095 restricted stock units (RSUs) under the company’s 2021 Stock Incentive Plan.

What was the value and pricing basis of the Republic Services (RSG) director RSU grant?

The RSU grant to the Republic Services Director was valued at $230,000, with 1,095 RSUs calculated using the $210.20 closing price of the company’s common stock on the 01/02/2026 grant date.

When do the Republic Services (RSG) director RSUs vest and settle into common stock?

The 1,095 RSUs granted on 01/02/2026 vest immediately, but the Director cannot convert them into Republic Services common stock until the earlier of 01/31/2029, which is the last day of the month including the three-year anniversary of the award, or the date the Director leaves the Board, unless deferred.

What is the conversion ratio for the Republic Services (RSG) director’s RSUs into common stock?

The Republic Services Director’s RSUs are based on a 1 on 1 conversion, meaning each RSU is designed to convert into one share of the company’s common stock, subject to the timing conditions described.

Which plan governs the 01/02/2026 Republic Services (RSG) director RSU grant?

The Director’s award of 1,095 RSUs on 01/02/2026 was granted under the Republic Services, Inc. 2021 Stock Incentive Plan.

Does the Republic Services (RSG) director’s RSU award indicate any cash transaction?

No cash outlay is described; the filing states an equity award of 1,095 RSUs valued at $230,000, calculated using the $210.20 closing stock price on 01/02/2026.