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Republic Services (NYSE: RSG) awards 919 RSUs to new director

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

Rhea-AI Filing Summary

Republic Services, Inc. reported that director Craig Ian M. acquired 919 restricted stock units (RSUs) on 02/10/2026 as an equity award. The grant, recorded at a price reference of $223.07 per share under the company’s 2021 Stock Incentive Plan, is part of the standard compensation program for non-management directors. The RSUs immediately vest but are scheduled to convert into 919 shares of common stock on 02/28/2029, aligning the new director’s compensation with long-term shareholder interests.

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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*
Craig Ian M.

(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)
02/10/2026
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) 02/10/2026 A 919 (2) (2) Common Stock 919 $0 919 D
Explanation of Responses:
1. Each non-management director is annually granted restricted stock units ("RSUs") as of the first business day in January. The grant is 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. The RSUs 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 unless deferred by the director or the date on which the director incurs a separation from service. For a newly appointed director, the RSU grant is prorated to the number of remaining days in the calendar year. After any quarter in which dividends are distributed to shareholders, the director receives additional RSU equivalents.
2. Reporting Person was appointed to the Company's Board of Directors on 02/10/2026. He was granted 919 RSUs as of 02/10/2026 ("Date of Grant"), based on the closing stock price of $223.07 as of the Date of Grant, and pursuant to the Company's 2021 Stock Incentive Plan. The RSUs are scheduled to convert to shares of the Company's common stock on 02/28/2029.
Remarks:
/s/ Lauren McKeon, Attorney-in-Fact 02/12/2026
** 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) disclose in this Form 4?

Republic Services disclosed an equity award to a director. Craig Ian M. received 919 restricted stock units as of February 10, 2026, under the company’s 2021 Stock Incentive Plan, recorded using a $223.07 share price reference and intended as part of non-management director compensation.

Who is the reporting person in the Republic Services (RSG) Form 4 filing?

The reporting person is director Craig Ian M. He serves as a non-management director of Republic Services, Inc. and reported acquisition of restricted stock units as part of his board compensation, reflecting direct beneficial ownership of the granted equity award in the company.

How many restricted stock units did the Republic Services (RSG) director receive?

The director received 919 restricted stock units. These RSUs were granted on February 10, 2026, and are tied to the company’s common stock on a one-for-one basis, providing equity-based compensation aligned with Republic Services’ long-term performance and shareholder value creation.

When will the 919 RSUs convert into Republic Services (RSG) common stock?

The 919 RSUs are scheduled to convert into common stock on February 28, 2029. Until that date, they function as units linked to Republic Services’ shares, reflecting long-term incentive compensation rather than immediately tradable stock for the non-management director recipient.

How was the Republic Services (RSG) director’s RSU grant value determined?

The grant is based on a $230,000 annual value for non-management directors. The number of RSUs is calculated using the closing stock price on the grant date; for this director, 919 RSUs were based on a $223.07 closing price under the 2021 Stock Incentive Plan.

Do Republic Services (RSG) non-management directors receive RSUs every year?

Non-management directors are granted RSUs annually as of the first business day in January. For newly appointed directors, like this case, the RSU grant is prorated for the remaining days in the calendar year, and additional RSU equivalents are added after dividend-paying quarters.

What are the key terms of Republic Services (RSG) RSUs for directors?

Director RSUs immediately vest but generally cannot convert to common stock until the month-end after the three-year anniversary of the award, unless earlier separation from service or deferral applies. They convert on a one-for-one basis into Republic Services common shares upon the scheduled conversion date.
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