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.
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Insights
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,095 | $0.00 | -- |
Footnotes (1)
- Based on 1 on 1 conversion. 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.
FAQ
What equity award did the Republic Services (RSG) director receive on 01/02/2026?
What was the value and pricing basis of the Republic Services (RSG) director RSU grant?
When do the Republic Services (RSG) director RSUs vest and settle into common stock?
What is the conversion ratio for the Republic Services (RSG) director’s RSUs into common stock?
Which plan governs the 01/02/2026 Republic Services (RSG) director RSU grant?
Does the Republic Services (RSG) director’s RSU award indicate any cash transaction?