Republic Services (RSG) director receives 1,095 RSUs under 2021 stock plan

Rhea-AI Filing Summary

Republic Services, Inc. reported that a non-management director received an annual equity award in the form of 1,095 restricted stock units (RSUs) on 01/02/2026 under the company’s 2021 Stock Incentive Plan. The award was valued at $230,000, with the number of RSUs calculated using the closing stock price of $210.20 per share on the grant date, and is structured on a one-for-one conversion into common stock.

The RSUs from this grant immediately vest, but the director cannot convert them into common stock until the earlier of the last day of the month in which the three-year anniversary of the award occurs, noted as 01/31/2029, or the date the director leaves the board, unless the director elects to defer further. The Form 4 indicates 1,095 derivative securities beneficially owned directly following this transaction at an exercise price of $0.

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^*

Volpe Sandra M

(Last) (First) (Middle)

1000 FEDEX DRIVE

(Street)

MOON TOWNSHIP PA 15108

(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.
* 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).
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FAQ

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

The filing discloses 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 was the 1,095 RSU grant for the Republic Services (RSG) director valued?

The RSU grant was based on a total value of $230,000, calculated using the closing stock price of the company’s common stock on the grant date of $210.20 per share.

What are the vesting and conversion terms of the RSUs granted to the Republic Services (RSG) director?

The RSUs from the 01/02/2026 grant immediately vest, but the director cannot convert them to common stock until the earlier of 01/31/2029, which reflects the month-end of the three-year anniversary, or the date the director leaves the board, unless the director chooses to defer further.

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

The RSUs convert into Republic Services common stock on a 1 on 1 conversion basis, with an exercise price of $0, as shown in the derivative securities table.

How many derivative securities does the Republic Services (RSG) director own after this RSU grant?

Following the reported transaction, the Form 4 shows the director beneficially owning 1,095 derivative securities (RSUs) directly.

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

The 1,095 RSUs granted on 01/02/2026 were issued pursuant to the Republic Services, Inc. 2021 Stock Incentive Plan as the annual award for each non-management director.