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Republic Services (NYSE: RSG) director adds 10.53 RSUs as dividend equivalents

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Republic Services, Inc. director Norman Thomas Linebarger reported an acquisition of 10.53 Restricted Stock Units (RSUs) on July 15, 2026. These RSUs were accrued as dividends on outstanding RSU awards and convert into common stock on a 1-for-1 basis. The reference value used was $217.34 per underlying share, bringing his directly held RSU balance to 3,504.71 units after the transaction.

Positive

  • None.

Negative

  • None.
Insider LINEBARGER NORMAN THOMAS
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 10.53 $217.34 $2K
Holdings After Transaction: Restricted Stock Units — 3,504.71 shares (Direct)
Footnotes (2)
  1. F1. Based on 1 on 1 conversion.
  2. F2. 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.
RSUs acquired 10.5300 RSUs Restricted Stock Units accrued as dividends on outstanding RSU awards on 2026-07-15
Reference price per underlying share $217.3400 per share Per-share reference value associated with the 10.53 RSU dividend accrual
RSUs held after transaction 3504.7100 RSUs Total directly held Restricted Stock Units following the July 15, 2026 accrual
RSU conversion ratio 1 to 1 Each RSU converts into one share of Republic Services common stock
Restricted Stock Units financial
"Represents additional Restricted Stock Units (RSUs) accrued as dividends"
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.
dividends on outstanding RSU awards financial
"accrued as dividends on outstanding RSU awards that will vest"
1 on 1 conversion financial
"Based on 1 on 1 conversion."

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FAQ

What insider transaction did Republic Services (RSG) report for director Norman Thomas Linebarger?
Republic Services reported that director Norman Thomas Linebarger acquired 10.53 Restricted Stock Units (RSUs) on July 15, 2026. These RSUs were accrued as dividends on his existing RSU awards and increase his directly held RSU balance to 3,504.71 units.

How many Restricted Stock Units does the RSG director hold after this Form 4 transaction?
Following the reported transaction, the Republic Services director holds 3,504.71 Restricted Stock Units directly. The filing notes that 10.53 RSUs were added as dividend-equivalent units that will vest and settle only if the related underlying RSUs vest and settle.

What is the conversion ratio of the RSUs reported for Republic Services (RSG)?
The RSUs reported convert into Republic Services common stock on a 1-for-1 basis. A footnote specifies the position is “based on 1 on 1 conversion,” meaning each RSU is eligible to settle into one share of common stock when it vests.

How were the additional RSUs for Republic Services (RSG) director generated?
The additional 10.53 RSUs represent units accrued as dividends on the director’s outstanding RSU awards. They will vest and be settled only to the extent the related RSUs themselves vest and settle, effectively mirroring dividend payments on those equity awards.

What price reference is associated with the RSUs in the Republic Services (RSG) Form 4?
The transaction references a value of $217.34 per share for the underlying common stock associated with the RSUs. This figure reflects the per-share reference price tied to the 10.53 dividend-equivalent RSUs reported in the director’s equity holdings.
SEC Form 4
FORM 4UNITED 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*
LINEBARGER NORMAN THOMAS
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)07/15/2026A10.53 (2) (2)Common Stock10.53$217.343,504.71D
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.
Remarks:
/s/ Lauren McKeon, Attorney-in-Fact07/17/2026
** Signature of Reporting PersonDate
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