Republic Services (RSG) SVP settles 1,041 RSUs and now holds 9,371 shares
Rhea-AI Filing Summary
Republic Services, Inc. reported an insider equity transaction by its SVP of Operations on 01/01/2026. The executive settled 1,041 restricted stock units (RSUs), including 29 dividend equivalents, into shares of Republic Services common stock at a stated price of $0 per share under the company’s 2021 Stock Incentive Plan and Deferred Compensation Plan election.
These RSUs were originally granted on 02/23/2021 and had been deferred to be distributed within 60 days after 01/01/2026. Following this settlement, the reporting person directly beneficially owns 9,371 shares of common stock and 6,534.33 RSUs remain beneficially owned as derivative securities on a 1-for-1 conversion basis.
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FAQ
What insider transaction did Republic Services (RSG) disclose in this Form 4?
The filing shows the SVP of Operations settled 1,041 RSUs, including 29 dividend equivalents, into shares of Republic Services common stock effective 01/01/2026 at a stated price of $0 per share.
When were the Republic Services (RSG) RSUs originally granted to the insider?
The reporting person received an award of 1,012 RSUs on 02/23/2021 under the company’s 2021 Stock Incentive Plan, which were later deferred into the Deferred Compensation Plan.
How many Republic Services (RSG) shares does the insider own after this transaction?
After the reported RSU settlement, the SVP of Operations beneficially owns 9,371 shares of Republic Services common stock directly.
What derivative securities related to Republic Services (RSG) does the insider still hold?
Following the transaction, the reporting person beneficially owns 6,534.33 restricted stock units (RSUs) as derivative securities, each RSU convertible into one share of common stock.
What plans governed the Republic Services (RSG) RSU deferral and settlement?
The RSUs were granted under the 2021 Stock Incentive Plan. The reporting person elected before the grant date to defer the 1,012 RSUs (minus tax withholding) and all future dividend equivalents into the company’s Deferred Compensation Plan, to be distributed within 60 days after 01/01/2026.
What is the conversion rate of the Republic Services (RSG) RSUs in this filing?
The filing states the RSUs convert to common stock on a 1 on 1 conversion basis, meaning each RSU represents the right to receive one share of common stock.