Republic Services (NYSE: RSG) COO receives dividend-equivalent RSU award
Rhea-AI Filing Summary
Brummer Gregg reported acquisition or exercise transactions in this Form 4 filing.
Republic Services EVP and COO Gregg Brummer received an award of 51.73 Restricted Stock Units on July 15, 2026, credited as dividend equivalents on existing RSU awards at a reference price of $217.34 per underlying share. After this award, he directly holds 18,267.22 RSUs, some under a Deferred Compensation Plan, which vest and settle only when the related RSUs vest and settle.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brummer Gregg
Role
EVP, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 51.73 | $217.34 | $11K |
Holdings After Transaction:
Restricted Stock Units — 18,267.22 shares (Direct)
Footnotes (3)
- F1. Based on 1 on conversion.
- 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.
- F3. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
Key Figures
RSUs awarded: 51.73 units
Grant reference price: $217.34 per share
RSUs held after award: 18,267.22 units
+1 more
4 metrics
RSUs awarded
51.73 units
Restricted Stock Units accrued as dividend equivalents on July 15, 2026
Grant reference price
$217.34 per share
Reference price per underlying common share for the RSU award
RSUs held after award
18,267.22 units
Total Restricted Stock Units directly held by Gregg Brummer after the transaction
Transaction date
2026-07-15
Date the additional dividend-equivalent RSUs were credited
Key Terms
Restricted Stock Units, Deferred Compensation Plan, dividends on outstanding RSU awards
3 terms
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.
Deferred Compensation Plan financial
"A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
dividends on outstanding RSU awards financial
"RSUs accrued as dividends on outstanding RSU awards that will vest"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did Republic Services (RSG) report for Gregg Brummer?
Republic Services reported that EVP and COO Gregg Brummer received 51.73 Restricted Stock Units on July 15, 2026. These RSUs were credited as dividend equivalents on existing awards and will vest and settle only to the extent the related RSUs vest and settle.
How many RSUs were granted to the Republic Services (RSG) EVP and COO?
EVP and COO Gregg Brummer was credited with 51.73 Restricted Stock Units tied to Republic Services common stock. The award represents dividend-equivalent RSUs accruing on previously granted RSU awards, rather than a standalone new performance or time-based grant.
What is Gregg Brummer’s RSU balance in Republic Services (RSG) after this award?
Following the July 15, 2026 dividend-equivalent award, Gregg Brummer directly holds 18,267.22 Restricted Stock Units in Republic Services. This total includes RSUs that are subject to vesting and settlement conditions linked to the underlying RSU awards.
How will the new RSUs for Republic Services (RSG) executive Gregg Brummer vest and settle?
The additional 51.73 RSUs will vest and be settled only to the extent the related underlying RSU awards vest and settle. They were accrued as dividend equivalents on outstanding RSUs, so their timing follows the original RSU vesting schedule.
Was the Republic Services (RSG) RSU transaction made under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox was not marked as a plan transaction. This means the reported RSU dividend-equivalent credit was not identified as occurring under a pre-arranged 10b5-1 trading plan.
Are any of Gregg Brummer’s Republic Services (RSG) RSUs held in a deferred compensation plan?
Yes. A footnote explains that a portion of Gregg Brummer’s Restricted Stock Units is held under the company’s Deferred Compensation Plan. Those RSUs remain subject to the plan’s deferral terms in addition to the underlying RSU vesting conditions.