Republic Services (RSG) SVP converts RSUs and withholds stock for taxes

Rhea-AI Filing Summary

REPUBLIC SERVICES, INC. SVP Operations Richardson Larson reported equity transactions tied to restricted stock units. On February 17, 2026, 68 restricted stock units were exercised and converted into common stock, increasing direct holdings to 1,899 shares. On the same date, 35 common shares were disposed of to cover tax liabilities upon RSU vesting, leaving 1,864 directly owned shares.

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

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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^*

Richardson Larson

(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)
	SVP Operations

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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	02/17/2026		M		68(1)	A	$0	1,899	D
Common Stock	02/17/2026		F		35(2)	D	$221.19	1,864	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	(3)	02/17/2026		M			68	(1)	(1)	Common Stock	68	$0	895	D

Explanation of Responses:

1. The Reporting Person previously elected to defer the Restricted Stock Units ("RSUs") granted on 02/17/2023 in accordance with the Company's Deferred Compensation Plan (the "DCP"). On 02/17/2025, 25% of the grant vested, with 209 RSUs (including accrued dividend equivalents) remaining deferred in the DCP and 68 RSUs (including accrued dividend equivalents) automatically vesting and paid out in the form of Republic Services, Inc. common stock.

2. Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of shares under a Restricted Stock Unit award on 02/17/2026. The fair market value of the exchanged shares was $221.19 (the closing price of Republic Services, Inc.'s common stock on 02/17/2026).

3. 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	02/19/2026
	** 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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FAQ

What insider transactions did RSG executive Richardson Larson report on this Form 4?

Richardson Larson reported exercising 68 restricted stock units into Republic Services common stock and a related tax-withholding share disposition of 35 shares. These transactions reflect equity compensation activity, not open-market buying or selling, and are associated with his role as SVP Operations.

How many Republic Services (RSG) shares does Richardson Larson own after the reported transactions?

After the reported equity transactions, Richardson Larson directly owns 1,864 shares of Republic Services common stock. His holdings first increased to 1,899 shares following the RSU conversion, then decreased when 35 shares were delivered to satisfy tax liabilities related to the vesting.

What was the nature of the restricted stock unit activity reported for RSG?

The filing shows 68 restricted stock units were exercised and converted into Republic Services common stock. Each restricted stock unit represents the contingent right to one common share, and this conversion reflects the vesting and payout of a portion of a prior RSU grant.

Why were 35 shares of Republic Services (RSG) stock disposed of in the Form 4?

The 35 shares of Republic Services common stock were delivered to satisfy Richardson Larson’s tax liability upon vesting of an RSU award. The shares were valued at $221.19 each, based on the company’s closing stock price on February 17, 2026, per the filing.

What does the Form 4 say about Richardson Larson’s deferred RSUs at Republic Services (RSG)?

The Form 4 notes that Larson previously elected to defer RSUs granted on February 17, 2023 under the company’s Deferred Compensation Plan. After vesting, 209 RSUs, including accrued dividend equivalents, remain deferred, while 68 RSUs vested and were paid out in Republic Services common stock.