Republic Services (RSG) EVP, COO Gregg Brummer awarded 52.1 RSUs
Rhea-AI Filing Summary
Republic Services executive Gregg Brummer, EVP and COO, reported an automatic award of additional restricted stock units (RSUs). On 01/15/2026, he acquired 52.1 RSUs at a reference price of $210.79 per unit, recorded as a derivative security transaction. These RSUs represent dividends credited on his existing RSU awards and will vest and settle only to the extent the underlying RSUs vest and settle.
Following this transaction, Brummer beneficially owns a total of 18,007.44 RSUs directly, with a portion held under the company’s Deferred Compensation Plan. The total includes 1.35 additional RSUs from a recalculation of prior rounding adjustments, reflecting incremental, non-cash compensation tied to his existing equity grants rather than an open-market share purchase.
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FAQ
Who is the insider in this Republic Services (RSG) Form 4 filing?
The insider is Gregg Brummer, who serves as Executive Vice President and Chief Operating Officer (EVP, COO) of Republic Services, Inc.
What type of securities did Gregg Brummer acquire in this RSG Form 4?
He acquired Restricted Stock Units (RSUs), which are listed as derivative securities that will convert into shares of Common Stock upon vesting and settlement.
How many RSUs did Gregg Brummer acquire and on what date?
On 01/15/2026, Gregg Brummer acquired 52.1 RSUs, reported with a reference price of $210.79 per unit.
Why did Gregg Brummer receive these additional RSUs from Republic Services?
The filing states the 52.1 RSUs represent additional units accrued as dividends on outstanding RSU awards, and they will vest and be settled only if the corresponding underlying RSUs vest and settle.
What is Gregg Brummer’s total RSU holding after this transaction?
After this transaction, Gregg Brummer beneficially owns 18,007.44 RSUs directly, reflecting his cumulative RSU position.
Are any of Gregg Brummer’s RSUs held in a deferred compensation plan?
Yes. The explanation notes that a portion of the Restricted Stock Units are held under the Company’s Deferred Compensation Plan, indicating some RSUs are deferred rather than delivered immediately.
What is the significance of the 1.35 additional RSUs mentioned in the filing?
The total RSU figure includes 1.35 additional RSUs that resulted from a recalculation of prior rounding, slightly increasing his reported RSU balance.