Republic Services (RSG) director granted dividend-equivalent RSUs in Form 4 filing
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
Key Figures
RSUs granted: 10.7100 RSUs
Per-unit value: $210.8700 per RSU
Total RSU holdings: 3704.1800 RSUs
+1 more
4 metrics
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
Key Terms
Restricted Stock Units, Grant, award, or other acquisition, accrued as dividends, conversion
4 terms
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.
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.