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Republic Services (RSG) EVP Ellingsen reports RSU vesting and tax share sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  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.
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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*
Ellingsen Catharine D

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP/Chief Legal Officer/Sec
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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
Common Stock 03/01/2026 M 878(1) A $0 51,587.78 D
Common Stock 03/01/2026 F 372(2) D $229 51,215.78 D
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 (3) 03/01/2026 M 878 (1) (1) Common Stock 878 $0 1,753 D
Explanation of Responses:
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.
2. 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).
3. Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
Remarks:
/s/ Lauren McKeon, Attorney-in-Fact 03/02/2026
** 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 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.

Why were 372 Republic Services (RSG) shares disposed of in this Form 4?

The 372 common shares were disposed of to satisfy tax liabilities from the RSU vesting. The filing states the fair market value used was $229.00 per share, equal to the closing price of Republic Services, Inc. stock on 02/27/2026.

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.

How many Republic Services (RSG) shares does Catharine Ellingsen hold after these transactions?

Following the reported transactions, Catharine Ellingsen directly held 51,215.78 shares of Republic Services, Inc. common stock. She also held 1,753 Restricted Stock Units, which each represent the contingent right to receive one additional common share upon vesting.

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.