Republic Services (RSG) non-management director granted 1,095 RSUs under 2021 plan

Rhea-AI Filing Summary

Republic Services, Inc. reported an equity award for a non-management director in the form of restricted stock units. On 01/02/2026, the director received an annual grant of 1,095 Restricted Stock Units (RSUs) under the Republic Services, Inc. 2021 Stock Incentive Plan. The award was valued at $230,000, with the number of RSUs based on the closing common stock price of $210.20 on the grant date.

The RSUs vest immediately, but the director may not convert them into common stock on a 1-for-1 basis until the earlier of the last day of the month of the three-year anniversary of the grant, which is 01/31/2029, unless the director leaves the Board earlier or elects to defer conversion.

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^*

HANDLEY THOMAS W

(Last) (First) (Middle)

10211 NE 60TH STREET

(Street)

KIRKLAND WA 98033

(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.
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FAQ

What insider equity award was disclosed for Republic Services (RSG)?

A non-management director of Republic Services, Inc. received an annual grant of 1,095 Restricted Stock Units (RSUs) on 01/02/2026 under the 2021 Stock Incentive Plan.

What was the grant date value of the RSUs in the Republic Services (RSG) Form 4?

The RSU grant was based on a value of $230,000 on the 01/02/2026 grant date, calculated using the closing common stock price of $210.20 per share.

When do the director RSUs for Republic Services (RSG) vest and become convertible?

The 1,095 RSUs vest immediately on the grant date, but cannot be converted into common stock until the earlier of 01/31/2029, the last day of the month in which the three-year anniversary occurs, unless the director leaves the Board earlier or defers conversion.

What is the conversion ratio for the Republic Services (RSG) director RSUs?

The RSUs are convertible into Republic Services common stock on a 1-for-1 basis, meaning each RSU represents the right to receive one share of common stock upon conversion.

Which plan governs the director RSU award at Republic Services (RSG)?

The director’s 1,095 RSU award was granted pursuant to the Republic Services, Inc. 2021 Stock Incentive Plan.

Is the Republic Services (RSG) RSU award for a director considered a management grant?

No. The filing states that on 01/02/2026 each non-management Director received an annual award of 1,095 RSUs.