Republic Services (RSG) EVP Ellingsen reports RSU vesting and tax share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REPUBLIC SERVICES, INC. executive Catharine D. Ellingsen reported equity transactions tied to previously granted Restricted Stock Units. On 03/01/2026, 878 RSUs that had vested, including dividend equivalents, were converted into an equal number of common shares at a stated price of $0.00 per share. To cover related tax obligations from this vesting, 372 common shares were disposed of at a fair market value of $229.00 per share, based on the 02/27/2026 closing price. After these transactions, she directly held 51,215.78 shares of common stock and 1,753 RSUs, each RSU representing the contingent right to one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
878 shares exercised/converted
Mixed
3 txns
Insider
Ellingsen Catharine D
Role
EVP/Chief Legal Officer/Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 878 | $0.00 | -- |
| Exercise | Common Stock | 878 | $0.00 | -- |
| Tax Withholding | Common Stock | 372 | $229.00 | $85K |
Holdings After Transaction:
Restricted Stock Units — 1,753 shares (Direct);
Common Stock — 51,587.78 shares (Direct)
Footnotes (1)
- The Restricted Stock Units ("RSUs") granted on 03/01/2024 vest 25% on each of the first four anniversaries of the date of grant. 878 RSUs, that included accrued dividend equivalents, automatically vested on 03/01/2026 and were paid out in the form of Republic Services, Inc.'s common stock. Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of shares under a Restricted Stock Unit award on 03/01/2026. The fair market value of the exchanged shares was $229.00 (the closing price of Republic Services, Inc.'s common stock on 02/27/2026). Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
FAQ
What insider transactions did RSG executive Catharine Ellingsen report?
Catharine Ellingsen reported RSU-related transactions on 03/01/2026. 878 Restricted Stock Units vested and were converted into common stock, and 372 common shares were withheld and disposed of to satisfy the associated tax liability from that vesting event.
How many Republic Services (RSG) RSUs vested for Catharine Ellingsen?
A total of 878 RSUs vested for Catharine Ellingsen on 03/01/2026. These RSUs, including accrued dividend equivalents, were paid out in the form of Republic Services, Inc. common stock, consistent with the original 03/01/2024 RSU grant terms.
What does each Republic Services (RSG) Restricted Stock Unit represent?
Each Restricted Stock Unit represents the contingent right to one share of Republic Services, Inc. common stock. Upon vesting, RSUs are settled in common shares, as shown by the 878 RSUs converting into 878 common shares on 03/01/2026.
What are the vesting terms of Catharine Ellingsen’s 03/01/2024 RSG RSU grant?
The RSUs granted on 03/01/2024 vest 25% on each of the first four anniversaries of the grant date. The 878 RSUs that vested and converted on 03/01/2026 reflect one such installment under this four-year vesting schedule.