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Republic Services (RSG) director granted dividend-equivalent RSUs in Form 4 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

REPUBLIC SERVICES, INC. director James P. Snee reported a compensation-related equity transaction involving Restricted Stock Units (RSUs). On April 15, 2026, he acquired 10.7100 RSUs as additional units accrued as dividends on his outstanding RSU awards.

Each RSU is based on a 1-for-1 conversion into common stock. Following this accrual, Snee’s direct holdings increased to 3704.1800 RSUs. This is a routine grant/award acquisition rather than an open-market stock purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Snee James P
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 10.71 $210.87 $2K
Holdings After Transaction: Restricted Stock Units — 3,704.18 shares (Direct)
Footnotes (1)
  1. Based on 1 on 1 conversion. Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards that will vest and be settled to the extent the RSU is vested and settles.
RSUs granted 10.7100 RSUs Grant/award on April 15, 2026
Per-unit value $210.8700 per RSU Reporting value for the 10.7100 RSUs
Total RSU holdings 3704.1800 RSUs Direct holdings following the transaction
Conversion ratio 1 on 1 Each RSU converts into one common share
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
accrued as dividends financial
"RSUs accrued as dividends on outstanding RSU awards"
conversion financial
"Based on 1 on 1 conversion."
Conversion is the exchange of one type of financial instrument for another, most commonly turning convertible bonds or preferred shares into common stock. It matters to investors because conversion changes the number of outstanding shares and ownership stakes—like trading a coupon for a slice of a company—potentially reducing each existing owner's portion, affecting per-share earnings, voting power and the market value of the stock.
SEC Form 4
FORM 4UNITED 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*
Snee James P

(Last)(First)(Middle)
C/O REPUBLIC SERVICES, INC.
5353 E. CITY NORTH DRIVE

(Street)
PHOENIX ARIZONA 85054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
REPUBLIC SERVICES, INC. [ RSG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/15/2026A10.71 (2) (2)Common Stock10.71$210.873,704.18D
Explanation of Responses:
1. Based on 1 on 1 conversion.
2. Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards that will vest and be settled to the extent the RSU is vested and settles.
Remarks:
/s/ Lauren McKeon, Attorney-in-Fact04/17/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did RSG director James P. Snee report?

Director James P. Snee reported acquiring 10.7100 Restricted Stock Units (RSUs) in a compensation-related transaction. These RSUs were accrued as dividend equivalents on his existing RSU awards, increasing his direct equity-based holdings in Republic Services.

Was the RSG Form 4 transaction a stock purchase or sale?

The Form 4 shows a grant/award acquisition of RSUs, not an open-market stock purchase or sale. The transaction used code “A,” indicating an award of additional units tied to existing RSU compensation rather than trading common shares.

How many Republic Services RSUs does James P. Snee hold after this filing?

After this transaction, James P. Snee directly holds 3704.1800 Restricted Stock Units. These RSUs represent deferred equity-based compensation that can settle into shares of Republic Services common stock on a one-for-one basis, subject to the applicable vesting and settlement terms.

What is the conversion ratio for James P. Snee’s Restricted Stock Units at RSG?

The RSUs are based on a 1-on-1 conversion into Republic Services common stock. This means each vested RSU is designed to settle into one share of common stock, aligning director compensation with the company’s equity performance over time.

Why did James P. Snee receive 10.7100 additional RSUs at Republic Services?

The 10.7100 additional RSUs represent units accrued as dividends on his outstanding RSU awards. When the company pays dividends, equivalent RSUs can accrue on unvested awards, which then vest and settle if and when the underlying RSUs vest and settle.

What price per unit is shown for the new RSUs in the RSG Form 4?

The Form 4 lists a value of $210.8700 per RSU for the 10.7100 units. This figure is used for reporting purposes and does not represent an open-market purchase price, since the units were granted as part of equity compensation, not bought in the market.