Republic Services (NYSE: RSG) EVP logs RSU vesting and tax share withholding
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 24 | $0.00 | -- |
| Exercise | Common Stock | 24 | $0.00 | -- |
| Tax Withholding | Common Stock | 24 | $229.00 | $5K |
Footnotes (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). Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.