Republic Services (RSG) director awarded additional RSUs as dividend equivalents

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Volpe Sandra M reported acquisition or exercise transactions in this Form 4 filing.

REPUBLIC SERVICES, INC. director Sandra M. Volpe received a grant of 67.69 Restricted Stock Units on common stock as a compensation-related award. These RSUs were accrued as dividends on her existing RSU awards and will vest and settle only to the extent the underlying RSUs vest and settle. After this grant, she holds a total of 22,985.29 RSUs (on a 1-for-1 basis with common shares), with a portion held under the company’s Deferred Compensation Plan.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Volpe Sandra M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	67.69	$210.87	$14K

Holdings After Transaction: Restricted Stock Units — 22,985.29 shares (Direct)

Footnotes (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.

Key Figures

RSUs granted: 67.69 units Reference price per share: $210.87/share Total RSUs after transaction: 22,985.29 units +1 more

4 metrics

RSUs granted 67.69 units Restricted Stock Units accrued as dividends on RSU awards

Reference price per share $210.87/share Value used for RSU grant reporting

Total RSUs after transaction 22,985.29 units RSU holdings following the 67.69-unit grant

Conversion ratio 1 to 1 RSUs convert 1-for-1 into common stock

Key Terms

Restricted Stock Units, Deferred Compensation Plan, accrued as dividends

3 terms

Restricted Stock Units financial

"Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Deferred Compensation Plan financial

"A portion of the Restricted Stock Units are held 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.

accrued as dividends financial

"RSUs accrued as dividends on outstanding RSU awards that will vest and be settled"

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 08:11 PM

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^*

Volpe Sandra M

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/15/2026		A		67.69		⁽²⁾	⁽²⁾	Common Stock	67.69	$210.87	22,985.29⁽³⁾	D

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.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	04/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did REPUBLIC SERVICES (RSG) director Sandra Volpe report?

Sandra M. Volpe reported receiving 67.69 Restricted Stock Units as a compensation-related award. These RSUs were credited as dividends on her existing RSU awards and will only vest and settle when the underlying RSUs vest and settle, aligning with long-term equity compensation.

How many Restricted Stock Units does Sandra Volpe hold after this Form 4 for RSG?

Following the latest RSU grant, Sandra M. Volpe holds 22,985.29 Restricted Stock Units tied to Republic Services common stock. This figure reflects her total RSU position after the 67.69-unit dividend-equivalent accrual reported in the filing, including units held in the Deferred Compensation Plan.

Was the RSG Form 4 transaction an open-market buy or sell?

The transaction was not an open-market buy or sell; it was a grant of 67.69 Restricted Stock Units. The award represents additional RSUs accrued as dividends on existing RSU awards, classified as a grant or award acquisition rather than a discretionary stock purchase or sale.

At what reference price were the new RSUs for RSG recorded?

The 67.69 Restricted Stock Units were recorded at a reference price of $210.87 per share. This price is used for reporting purposes on the Form 4 and reflects the value per underlying share of Republic Services common stock associated with the RSU award.

How do the new RSUs for Sandra Volpe vest and settle at Republic Services (RSG)?

The additional 67.69 RSUs will vest and be settled only if the related RSU awards are vested and settle. They were accrued as dividends on outstanding RSUs, so their vesting and settlement follow the same schedule and conditions as the underlying equity awards already held.

Are any of Sandra Volpe’s RSG RSUs held in a deferred compensation arrangement?

Yes. A portion of Sandra M. Volpe’s Restricted Stock Units is held under Republic Services’ Deferred Compensation Plan. This means some RSUs are subject to deferral terms for payout timing, even though they still represent a 1-for-1 conversion into common stock upon settlement.