Republic Services (RSG) non-management director granted 1,095 RSUs valued at $230,000

Rhea-AI Filing Summary

Republic Services, Inc. reported an equity grant to a non-management Director. On 01/02/2026, the Director received an annual award of 1,095 Restricted Stock Units (RSUs) under the Republic Services, Inc. 2021 Stock Incentive Plan. The grant value was $230,000, calculated using the closing common stock price of $210.20 on the grant date.

The RSUs vest immediately, but they cannot be converted into common stock on a 1-for-1 basis until the earlier of 01/31/2029, which is the last day of the month in which the three-year anniversary of the award occurs, unless deferred by the Director, or the date the Director leaves the Board. Following the grant, the Director beneficially owns 1,095 derivative securities directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Reynolds Margaret

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,095	$0.00	--

Holdings After Transaction: Restricted Stock Units — 1,095 shares (Direct)

Footnotes (1)

1. Based on 1 on 1 conversion. On 01/02/2026 ("Date of Grant"), each non-management Director received an annual award of 1,095 Restricted Stock Units ("RSUs") pursuant to the Republic Services, Inc. 2021 Stock Incentive Plan. The grant was based on a value on the Date of Grant of $230,000, with the number of RSUs calculated based on the closing stock price of the Company's common stock on the Date of Grant ($210.20). The RSUs under this 01/02/2026 grant immediately vest; however, the Director cannot convert any of the RSUs to Company common stock (based on a 1 on 1 conversion) until the earlier of the last day of the month in which the three-year anniversary of the date of the award occurs (for this grant being 01/31/2029), unless deferred by the Director, or the date on which the Director leaves the Board.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

Reynolds Margaret

(Last) (First) (Middle)

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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

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	(1)	01/02/2026		A		1,095		(2)	(2)	Common Stock	1,095	$0	1,095	D

Explanation of Responses:

1. Based on 1 on 1 conversion.

2. On 01/02/2026 ("Date of Grant"), each non-management Director received an annual award of 1,095 Restricted Stock Units ("RSUs") pursuant to the Republic Services, Inc. 2021 Stock Incentive Plan. The grant was based on a value on the Date of Grant of $230,000, with the number of RSUs calculated based on the closing stock price of the Company's common stock on the Date of Grant ($210.20). The RSUs under this 01/02/2026 grant immediately vest; however, the Director cannot convert any of the RSUs to Company common stock (based on a 1 on 1 conversion) until the earlier of the last day of the month in which the three-year anniversary of the date of the award occurs (for this grant being 01/31/2029), unless deferred by the Director, or the date on which the Director leaves the Board.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	01/06/2026
	** Signature of Reporting Person	Date
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.

FAQ

What equity award did the Republic Services (RSG) director receive?

On 01/02/2026, a non-management Director of Republic Services, Inc. received an annual award of 1,095 Restricted Stock Units (RSUs) under the company’s 2021 Stock Incentive Plan.

What was the value of the RSU grant reported by Republic Services (RSG)?

The RSU grant had a stated value of $230,000, based on the closing stock price of $210.20 per share for Republic Services common stock on the 01/02/2026 grant date.

When do the Republic Services (RSG) director RSUs vest and settle?

The 1,095 RSUs granted on 01/02/2026 immediately vest, but they may not be converted into common stock until the earlier of 01/31/2029 (the last day of the month containing the three-year anniversary of the award), unless deferred by the Director, or the date the Director leaves the Board.

What is the conversion ratio for the Republic Services (RSG) director RSUs?

The filing states that the RSUs convert to Republic Services common stock on a 1 on 1 conversion basis, meaning each RSU is exchangeable for one share of common stock when conversion conditions are met.

How many derivative securities does the Republic Services (RSG) director own after this grant?

After the 01/02/2026 grant, the Director beneficially owns 1,095 derivative securities in the form of RSUs, held with direct ownership.

Is the Republic Services (RSG) RSU grant part of a director compensation program?

Yes. The filing explains that on 01/02/2026, each non-management Director received an annual award of 1,095 RSUs pursuant to the Republic Services, Inc. 2021 Stock Incentive Plan.