[Form 4] REPUBLIC SERVICES, INC. Insider Trading Activity

Rhea-AI Filing Summary

Republic Services, Inc. executive Brian A. Bales reported the vesting of previously deferred restricted stock units tied to company common stock. On 02/17/2026, 26 RSUs converted into 26 shares of common stock, reflecting an exercise or conversion of a derivative security.

On the same date, the company withheld 26 shares of common stock at a fair market value of $221.19 per share to cover his tax liability, resulting in no net change in directly held common shares. According to the deferred compensation plan, 823 RSUs, including accrued dividend equivalents, remain deferred.

Insider Trade Summary

26 shares exercised/converted

Mixed 3 txns

Insider Bales Brian A

Role EVP, Chief Development Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	26	$0.00	--
Exercise	Common Stock	26	$0.00	--
Tax Withholding	Common Stock	26	$221.19	$6K

Holdings After Transaction: Restricted Stock Units — 3,215 shares (Direct); Common Stock — 26 shares (Direct)

Footnotes (1)

1. The Reporting Person previously elected to defer the Restricted Stock Units ("RSUs") granted on 02/17/2023 in accordance with the Company's Deferred Compensation Plan (the "Plan"). On 02/17/2026, 25% of the grant vested and 823 RSUs (including accrued dividend equivalents) remain deferred. As permitted under the Plan, the Company withheld 26 shares of Republic Services, Inc. common stock to satisfy tax liability of the Reporting Person. The fair market value of the exchanged shares was $221.19 (the closing price of Republic Services, Inc.'s common stock on 02/17/2026). Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

Bales Brian A

(Last) (First) (Middle)

C/O REPUBLIC SERVICES, INC.

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)
02/17/2026

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
Common Stock	02/17/2026		M		26(1)	A	$0	26	D
Common Stock	02/17/2026		F		26(1)	D	$221.19	0	D

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	(2)	02/17/2026		M			26	(1)	(1)	Common Stock	26	$0	3,215	D

Explanation of Responses:

1. The Reporting Person previously elected to defer the Restricted Stock Units ("RSUs") granted on 02/17/2023 in accordance with the Company's Deferred Compensation Plan (the "Plan"). On 02/17/2026, 25% of the grant vested and 823 RSUs (including accrued dividend equivalents) remain deferred. As permitted under the Plan, the Company withheld 26 shares of Republic Services, Inc. common stock to satisfy tax liability of the Reporting Person. The fair market value of the exchanged shares was $221.19 (the closing price of Republic Services, Inc.'s common stock on 02/17/2026).

2. Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	02/19/2026
	** 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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