Republic Services (RSG) director receives 1,095 RSUs in 2026 equity award

Rhea-AI Filing Summary

Republic Services, Inc. reported an equity compensation grant to a non-management director. On 01/02/2026, the director received an annual award of 1,095 Restricted Stock Units (RSUs) under the Republic Services, Inc. 2021 Stock Incentive Plan. The award was valued at $230,000, calculated using the Company’s common stock closing price of $210.20 on the grant date.

The RSUs from this grant immediately vest, but the director cannot convert them into common stock on a 1-for-1 basis until the earlier of 01/31/2029, unless deferred by the director, or the date the director leaves the Board. The Form 4 indicates the RSUs are held as a derivative security with an exercise price of $0 and direct ownership.

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^*

LARSON MICHAEL

(Last) (First) (Middle)

2365 CARILLON POINT

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

The filing reports that a non-management director of Republic Services, Inc. received an annual equity award of 1,095 Restricted Stock Units (RSUs) on 01/02/2026 under the company’s 2021 Stock Incentive Plan.

How many RSUs did the Republic Services (RSG) director receive and what was the grant value?

The director received 1,095 RSUs, with a stated grant value of $230,000. The number of RSUs was calculated using the closing stock price of $210.20 per share on the 01/02/2026 grant date.

When do the director’s RSUs from Republic Services (RSG) vest and become convertible to stock?

The RSUs granted on 01/02/2026 immediately vest, but they cannot be converted into Republic Services common stock on a 1-for-1 basis until the earlier of 01/31/2029, unless deferred by the director, or the date the director leaves the Board.

What is the conversion ratio of the Republic Services (RSG) RSUs reported in the Form 4?

The filing states that the RSUs are based on a 1 on 1 conversion, meaning each Restricted Stock Unit is convertible into one share of Republic Services common stock, subject to the timing conditions described.

Under which plan were the Republic Services (RSG) director’s RSUs granted?

The 1,095 RSUs were granted pursuant to the Republic Services, Inc. 2021 Stock Incentive Plan as the annual equity award for a non-management director.

What is the exercise price and ownership form of the RSUs reported for the Republic Services (RSG) director?

The RSUs have an exercise price of $0, and the Form 4 shows direct (D) ownership of 1,095 derivative securities, each representing underlying Republic Services common stock.