Republic Services EVP RSUs Vest, Shares Withheld for Tax
Republic Services EVP and COO Gregg Brummer reported routine equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Republic Services EVP and COO Gregg Brummer reported routine equity award activity involving restricted stock units and common shares. On March 1, 2026, 945 Restricted Stock Units granted on March 1, 2024 vested, including accrued dividend equivalents, and were paid out in Republic Services common stock, reflecting a derivative exercise or conversion.
Each Restricted Stock Unit represents the right to receive one share of Republic Services common stock. To cover the tax liability arising from this vesting, 391 shares of common stock were withheld and disposed of at a fair market value of $229.00 per share, which matched the closing price on February 27, 2026. After these transactions, Brummer directly held 7,448.05 shares of common stock and 1,895 Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 945 | $0.00 | $0.00 |
| Exercise | Common Stock | 945 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 391 | $229.00 | $90K |
Footnotes (3)
- F1. The Restricted Stock Units ("RSUs") granted on 03/01/2024 vest 25% on each of the first four anniversaries of the date of grant. 945 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.
- F2. 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).
- F3. Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
FAQ
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What insider transactions did Republic Services (RSG) EVP, COO Gregg Brummer report?
How many Republic Services (RSG) Restricted Stock Units vested for Gregg Brummer?
What is the vesting schedule for Gregg Brummer’s 2024 Republic Services (RSG) RSU grant?
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