Republic Services (RSG) EVP logs 423 deferred stock units at $211.93

Rhea-AI Filing Summary

Republic Services, Inc. executive reports deferred compensation distribution

A Republic Services, Inc. EVP and Chief Development Officer reported a transaction in company-linked stock units under the Republic Services Stock Investment Fund, part of the Company’s Deferred Compensation Plan. On 01/01/2026, the reporting person had 423 stock units distributed from the plan, with the distribution amount calculated using the 12/31/2025 closing stock price of $211.93 per share.

The stock units are a cash-settled measurement fund that tracks the value of Republic Services common stock and receives dividend equivalents in the form of additional stock units whenever dividends are paid. Following this distribution, the reporting person beneficially owns 27,945 stock units directly under the plan.

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

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^*

Bales Brian A

(Last) (First) (Middle)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Development Officer

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

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
Stock Units	(1)	01/01/2026		M			423	(1)	(1)	Common Stock	423	$211.93	27,945	D

Explanation of Responses:

1. 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 "DCP"). 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. The Reporting Person had 423 stock units distributed from the DCP on 01/01/2026, calculated using the 12/31/2025 closing stock price of $211.93.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	01/05/2026
	** 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).
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.

FAQ

What insider transaction did Republic Services (RSG) report in this Form 4?

An executive vice president reported a distribution of 423 stock units from the Company’s Deferred Compensation Plan on 01/01/2026.

Who is the reporting person in the Republic Services (RSG) Form 4?

The reporting person is an Officer of Republic Services, Inc., serving as EVP, Chief Development Officer, and is filing individually.

What price was used to calculate the Republic Services (RSG) stock unit distribution?

The 423 stock units distributed from the Deferred Compensation Plan were calculated using the 12/31/2025 closing stock price of $211.93 per share.

How many Republic Services (RSG) stock units does the executive hold after the transaction?

After the reported transaction, the executive beneficially owns 27,945 stock units directly under the Deferred Compensation Plan.

How does the Republic Services (RSG) Stock Investment Fund work in this filing?

The Stock Investment Fund is a measurement fund where units are equal in value to shares of common stock, are settled in cash, and receive dividend equivalents as additional stock units when dividends are paid.

Were actual Republic Services (RSG) shares issued in this Form 4 transaction?

No. The filing describes stock units held under the Deferred Compensation Plan that are settled in cash, not actual share issuances.