Republic Services (NYSE: RSG) director adds 10.69 dividend RSUs

Rhea-AI Filing Summary

Republic Services, Inc. director Norman Thomas Linebarger reported an acquisition of derivative equity under a Form 4 filing. On January 15, 2026, he received 10.69 Restricted Stock Units (RSUs), recorded at a reference price of $210.79 per unit. According to the filing, each RSU is based on a 1-for-1 conversion into Republic Services common stock. A footnote explains these RSUs represent additional units accrued as dividend equivalents on existing RSU awards and will vest and settle only to the extent the underlying RSUs vest and settle. Following this transaction, Linebarger beneficially owned a total of 3,483.47 RSUs in direct form.

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^*

LINEBARGER NORMAN THOMAS

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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)	01/15/2026		A		10.69		(2)	(2)	Common Stock	10.69	$210.79	3,483.47	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.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	01/20/2026
	** 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.

FAQ

What insider transaction did Republic Services (RSG) report on this Form 4?

The Form 4 reports that director Norman Thomas Linebarger acquired 10.69 Restricted Stock Units (RSUs) of Republic Services, Inc. on January 15, 2026. These RSUs are derivative securities that can convert into common stock on a 1-for-1 basis.

What type of security did the Republic Services (RSG) director acquire?

The transaction involves Restricted Stock Units (RSUs), classified as derivative securities. Each RSU is based on a 1 on 1 conversion into Republic Services common stock, as noted in the footnotes.

How many RSUs did the Republic Services director acquire and at what reference price?

On January 15, 2026, the director acquired 10.69 RSUs, with the filing showing a reference price of $210.79 per unit. This price is a value reported in the Form 4 for the derivative security.

How many Republic Services RSUs does the reporting person hold after this transaction?

After the reported acquisition, the director beneficially owned 3,483.47 RSUs of Republic Services, held in direct form according to the ownership information in the filing.

What do the footnotes say about the Republic Services (RSG) RSUs on this Form 4?

The first footnote states the RSUs are based on a 1 on 1 conversion into common stock. The second footnote clarifies that the 10.69 RSUs represent additional RSUs accrued as dividends on outstanding RSU awards and will vest and be settled only if and when the underlying RSUs vest and settle.

Is the Republic Services director’s ownership reported as direct or indirect on this Form 4?

The filing shows the RSU holdings, including the newly acquired 10.69 RSUs, as direct (D) ownership by the reporting person, without any separate entity listed in the nature of indirect ownership field.