STOCK TITAN

Republic Services (NYSE: RSG) SVP adds RSUs, PSUs and stock units

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Richardson Larson reported acquisition or exercise transactions in this Form 4 filing.

Republic Services SVP Operations Larson Richardson reported equity-based awards rather than open‑market trades. On July 15, 2026 he was credited 2 stock units, 5 performance share units and 20.5 restricted stock units linked to common stock, including cash‑settled stock units in the company’s Stock Investment Fund and dividend‑equivalent RSUs and PSUs.

Positive

  • None.

Negative

  • None.
Insider Richardson Larson
Role SVP Operations
Type Security Shares Price Value
Grant/Award Restricted Stock Units 20.5 $217.34 $4K
Grant/Award Performance Shares (PSUs) 5 $217.34 $1K
Grant/Award Stock Units 2 $217.34 $434.68
Holdings After Transaction: Restricted Stock Units — 6,972.94 shares (Direct); Performance Shares (PSUs) — 1,886 shares (Direct); Stock Units — 558 shares (Direct)
Footnotes (1)
  1. Based on 1 on 1 conversion. Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards that will vest and be settled to the extent the RSU is vested and settles. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan. Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan. The Reporting Person holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund") pursuant to his election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.
Stock units granted 2.0000 Additional stock units credited July 15, 2026 under the Stock Investment Fund
Stock units after transaction 558.0000 Total stock units held in the Investment Fund following the July 15, 2026 credit
Performance share units granted 5.0000 Dividend-equivalent PSUs credited on earned Performance Shares July 15, 2026
Performance share units after transaction 1886.0000 Total PSUs held after the July 15, 2026 award
Restricted Stock Units granted 20.5000 Additional RSUs accrued as dividends on outstanding RSU awards July 15, 2026
Restricted Stock Units after transaction 6972.9400 Total RSUs, including amounts held under the Deferred Compensation Plan, after award
Reference price per unit 217.3400 Per-unit value used for the July 15, 2026 equity-based awards
Restricted Stock Units (RSUs) financial
"Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Performance Shares ("PSUs") financial
"Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan"
Deferred Compensation Plan financial
"such PSUs were deferred under the Company's Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
dividend equivalents financial
"receive dividend equivalents, in the form of additional stock units, each time a dividend is paid"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Republic Services Stock Investment Fund ("Investment Fund") financial
"holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund") pursuant"

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FAQ

What insider equity awards did Larson Richardson receive from Republic Services (RSG) on July 15, 2026?

Larson Richardson, SVP Operations, received 2 stock units, 5 Performance Shares (PSUs) and 20.5 Restricted Stock Units (RSUs) on July 15, 2026, all as equity-based awards tied to Republic Services’ common stock rather than open‑market purchases.

Did Larson Richardson sell any Republic Services (RSG) shares in these insider transactions?

No. All three reported entries are coded as “A” grant or award acquisitions, and the transaction summary shows no sales or dispositions. The activity reflects additional stock units, PSUs and RSUs being credited, not any sale of Republic Services shares.

How are Larson Richardson’s new Restricted Stock Units (RSUs) at Republic Services (RSG) structured?

The 20.5 RSUs represent additional units accrued as dividends on outstanding RSU awards. Footnotes state they convert on a 1-for-1 basis into common stock to the extent the underlying RSUs vest and settle, with a portion held under the company’s Deferred Compensation Plan.

What are the Performance Shares (PSUs) credited to Larson Richardson at Republic Services (RSG)?

Richardson received 5 PSUs, described as dividend equivalents on earned Performance Shares under the Republic Services, Inc. 2021 Stock Incentive Plan. These PSUs are also deferred under the company’s Deferred Compensation Plan and are based on a 1-for-1 conversion into common stock.

How does the Republic Services Stock Investment Fund affect Richardson’s stock units at RSG?

Footnotes explain that Richardson holds stock units in the Republic Services Stock Investment Fund under the company’s Deferred Compensation Plan. This measurement fund’s units are equal in value to common shares, settled in cash, and receive dividend equivalents as additional stock units when dividends are paid.

Do Larson Richardson’s new Republic Services (RSG) awards receive dividend equivalents?

Yes. Footnotes state the RSUs and PSUs reported were credited as dividend equivalents on outstanding or earned awards. Stock units in the Stock Investment Fund also receive dividend equivalents, in the form of additional units, whenever Republic Services pays dividends on its common stock.
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Richardson Larson

(Last)(First)(Middle)
C/O REPUBLIC SERVICES, INC.
5353 E. CITY NORTH DRIVE

(Street)
PHOENIX ARIZONA 85054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
REPUBLIC SERVICES, INC. [ RSG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP Operations
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)07/15/2026A20.5 (2) (2)Common Stock20.5$217.346,972.94(3)D
Performance Shares (PSUs)(1)07/15/2026A5 (4) (4)Common Stock5$217.341,886D
Stock Units(5)07/15/2026A2 (5) (5)Common Stock2$217.34558D
Explanation of Responses:
1. Based on 1 on 1 conversion.
2. Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards that will vest and be settled to the extent the RSU is vested and settles.
3. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
4. Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.
5. The Reporting Person holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund") pursuant to his election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.
Remarks:
/s/ Lauren McKeon, Attorney-in-Fact07/17/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)