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Republic Services (NYSE: RSG) director receives 1,095 RSUs equity grant

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

Rhea-AI Filing Summary

Republic Services, Inc. disclosed that a non-management Director received an annual award of 1,095 restricted stock units (RSUs) on 01/02/2026 under the 2021 Stock Incentive Plan. The grant was valued at $230,000, with the number of RSUs based on the $210.20 closing price of Republic Services common stock on the grant date, using a 1-for-1 conversion to common shares. The RSUs from this grant vest immediately, but the Director may not 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, stated as 01/31/2029, or the date the Director leaves the Board. The Director elected to defer settlement of this grant under the company’s Deferred Compensation Plan, and 1,095 derivative securities are shown as beneficially owned directly following the transaction.

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Insider Kadre Manuel
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,095 $0.00 --
Holdings After Transaction: Restricted Stock Units — 1,095 shares (Direct)
Footnotes (1)
  1. Based on 1 on 1 conversion. 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. The Director elected to defer this grant pursuant to the Company's Deferred Compensation Plan.
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*
Kadre Manuel

(Last) (First) (Middle)
5345 HAMMOCK DRIVE

(Street)
CORAL GABLES FL 33156

(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. The Director elected to defer this grant pursuant to the Company's Deferred Compensation Plan.
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).
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 equity award did Republic Services (RSG) report for its director?

Republic Services reported that a non-management Director received an annual grant of 1,095 restricted stock units (RSUs) on 01/02/2026 under the company’s 2021 Stock Incentive Plan.

What was the value and pricing basis of the Republic Services (RSG) director RSU grant?

The RSU grant had a stated value of $230,000, with the 1,095 RSUs calculated using the $210.20 closing stock price of Republic Services common stock on the grant date.

When do the Republic Services (RSG) director RSUs vest and become deliverable?

The RSUs from the 01/02/2026 grant immediately vest, but cannot be converted into common stock until the earlier of the last day of the month in which the three-year anniversary of the award occurs, stated as 01/31/2029, or the date the Director leaves the Board.

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

Each RSU is convertible into Republic Services common stock on a 1 on 1 conversion basis, as noted in the explanation of responses.

Did the Republic Services (RSG) director defer the 2026 RSU grant?

Yes. The filing states that the Director elected to defer the 01/02/2026 RSU grant pursuant to the company’s Deferred Compensation Plan.

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

Following the reported transaction, the filing shows the Director beneficially owns 1,095 derivative securities (restricted stock units), held as Direct (D) ownership.

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