Republic Services (NYSE: RSG) director settles 1,858 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Republic Services director settles RSUs into common stock. Non-management director Katharine Weymouth converted 1,858 Restricted Stock Units, including dividend equivalents, into an equal number of Republic Services common shares on 01/31/2026 at a price of $0 per share. These RSUs were originally granted on 01/03/2023 under the company’s 2021 Stock Incentive Plan and were fully vested on the grant date, but settlement into stock was deferred. Following this transaction, Weymouth directly holds 7,598 shares of Republic Services common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,858 shares exercised/converted
Mixed
2 txns
Insider
Weymouth Katharine
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,858 | $0.00 | -- |
| Exercise | Common Stock | 1,858 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 7,598 shares (Direct)
Footnotes (1)
- On 01/03/2023 ("Date of Grant"), the non-management Director was granted an award of 1,788 Restricted Stock Units ("RSUs") in accordance with the Company's 2021 Stock Incentive Plan, as amended. The RSUs were immediately vested on the Date of Grant; however, the Director could not 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 or the date on which the Director incurs a separation from service within the meaning of Section 409A of the Internal Revenue Code. The settlement of 1,858 RSUs, that included dividend equivalents, to Company common stock was effective on 01/31/2026. Based on 1 on 1 conversion.
FAQ
What insider transaction did Republic Services (RSG) report for Katharine Weymouth?
Republic Services reported that director Katharine Weymouth settled 1,858 Restricted Stock Units into 1,858 shares of common stock on 01/31/2026 at $0 per share. The RSUs were granted under the 2021 Stock Incentive Plan and had vested earlier.
What was the origin of the 1,858 RSUs reported for Republic Services (RSG)?
The 1,858 RSUs originated from a 01/03/2023 grant of 1,788 Restricted Stock Units to the non-management director under the 2021 Stock Incentive Plan, with additional units from dividend equivalents. These RSUs vested immediately but were settled into stock on 01/31/2026.
What does transaction code “M” mean in the Republic Services (RSG) Form 4?
Transaction code “M” on the Form 4 indicates an exercise or conversion of a derivative security, in this case Restricted Stock Units converting into common stock. On 01/31/2026, 1,858 RSUs were converted into an equal number of Republic Services common shares at $0 per share.
Were the Republic Services (RSG) RSUs immediately vested for Katharine Weymouth?
Yes. The 1,788 Restricted Stock Units granted on 01/03/2023 to the non-management director were immediately vested on the grant date. However, conversion into common stock was deferred until 01/31/2026, when 1,858 RSUs, including dividend equivalents, were settled into shares.
What plan governed the RSU grant reported in the Republic Services (RSG) Form 4?
The RSU grant was made under Republic Services’ 2021 Stock Incentive Plan, as amended. On 01/03/2023, 1,788 RSUs were awarded to the non-management director, later settling as 1,858 common shares on 01/31/2026 due to included dividend equivalents and a 1-to-1 conversion ratio.