Republic Services EVP reports RSU vesting activity

REPUBLIC SERVICES, INC. executive Brian A. Bales reported routine equity compensation activity tied to previously deferred Restricted Stock Units.

Rhea-AI Filing Summary

REPUBLIC SERVICES, INC. executive Brian A. Bales reported routine equity compensation activity tied to previously deferred Restricted Stock Units. On March 1, 2026, he exercised 24 RSUs, which converted into 24 shares of common stock at a stated price of $0.00 per share. A related entry shows his RSU balance becoming 2,397 units, each representing the right to one share of Republic Services common stock.

On the same date, 24 common shares were disposed of in a tax-withholding transaction at a fair market value of $229.00 per share, matching the closing price on February 27, 2026. These shares were withheld by the company to satisfy his tax obligations, rather than sold in the open market. The footnotes also state that this activity reflects 25% vesting of RSUs originally granted on March 1, 2024, with 611 RSUs from that grant remaining deferred under the company’s deferred compensation plan.

Insider Trade Summary

24 shares exercised/converted

Exercise 3 txns

Insider Bales Brian A

Role EVP, Chief Development Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	24	$0.00	$0.00
Exercise	Common Stock	24	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	24	$229.00	$5K

Holdings After Transaction: Restricted Stock Units — 2,397 contracts (Direct); Common Stock — 0 shares (Direct)

Footnotes (2)

1. F1. The Reporting Person previously elected to defer the Restricted Stock Units ("RSUs") granted on 03/01/2024 in accordance with the Company's Deferred Compensation Plan (the "Plan"). On 03/01/2026, 25% of the grant vested and 611 RSUs remained deferred. As permitted under the Plan, the Company withheld 24 shares of Republic Services, Inc.'s common stock to satisfy tax liability of the Reporting Person. 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).
2. F2. 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 RSG executive Brian A. Bales report?

Brian A. Bales reported routine equity compensation activity. On 1 March 2026, he exercised 24 Restricted Stock Units into 24 common shares, then 24 shares were withheld by Republic Services to cover tax liabilities associated with the vesting.

Were Brian A. Bales’ RSG transactions open-market buys or sells?

The reported transactions were not open-market trades. They reflect RSU vesting and conversion, followed by the company withholding 24 common shares at $229.00 per share to satisfy tax obligations under its deferred compensation and equity award arrangements.

What does the Form 4 say about Brian A. Bales’ RSU holdings in RSG?

After the March 1, 2026 activity, Bales is shown holding 2,397 Restricted Stock Units. Each RSU represents the contingent right to receive one share of Republic Services common stock, with a portion of a 2024 grant still deferred under the company’s plan.

Why were 24 Republic Services shares disposed of at $229.00 on the Form 4?

The 24 shares at $229.00 per share were disposed of to cover tax liabilities. The company withheld these shares as payment of taxes due upon RSU vesting, using the closing share price from February 27, 2026 as the fair market value.

How are the 2024 Restricted Stock Units referenced in this RSG Form 4?

The filing notes that Bales previously deferred RSUs granted on March 1, 2024 under Republic Services’ deferred compensation plan. On March 1, 2026, 25% of that grant vested, and 611 RSUs from that award remained deferred after the reported vesting event.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/02/2026 - 08:53 PM Learn about SEC filing dates

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^*

Bales Brian A

(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 Development Officer

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		24(1)	A	$0	24	D
Common Stock	03/01/2026		F		24(1)	D	$229	0	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	(2)	03/01/2026		M			24	(1)	(1)	Common Stock	24	$0	2,397	D

Explanation of Responses:

1. The Reporting Person previously elected to defer the Restricted Stock Units ("RSUs") granted on 03/01/2024 in accordance with the Company's Deferred Compensation Plan (the "Plan"). On 03/01/2026, 25% of the grant vested and 611 RSUs remained deferred. As permitted under the Plan, the Company withheld 24 shares of Republic Services, Inc.'s common stock to satisfy tax liability of the Reporting Person. 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).

2. 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.
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