Form 4: Ellingsen Catharine D reports multiple insider transactions in RSG

Rhea-AI Filing Summary

Ellingsen Catharine D reported multiple insider transaction types in a Form 4 filing for RSG. The filing lists transactions totaling 3,128 shares at a weighted average price of $225.97 per share. Following the reported transactions, holdings were 47,560 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^*

Ellingsen Catharine D

(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)
	EVP/Chief Legal Officer/Sec

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

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	02/11/2026		M		1,282(1)	A	$0	47,560	D
Common Stock	02/11/2026		F		564(2)	D	$225.97	46,996	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)	02/11/2026		M			1,282	(1)	(1)	Common Stock	1,282	$0	0	D

Explanation of Responses:

1. The Restricted Stock Units ("RSUs") granted on 02/11/2022 vest 25% on each of the first four anniversaries of the date of grant. 1,282 RSUs, that included accrued dividend equivalents, automatically vested on 02/11/2026 and were paid out in the form of Republic Services, Inc.'s 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 02/11/2026. The fair market value of the exchanged shares was $225.97 (the closing stock price of Republic Services, Inc.'s common stock on 02/11/2026).

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	02/13/2026
	** 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).
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FAQ

What insider transaction did Republic Services (RSG) report for Catharine D. Ellingsen?

Republic Services reported that EVP and Chief Legal Officer Catharine D. Ellingsen had 1,282 Restricted Stock Units vest and convert into common shares. The award, originally granted on 02/11/2022, vested on its fourth anniversary and was settled in company stock at no exercise cost.

How many Republic Services (RSG) shares were withheld for taxes in this Form 4?

A total of 564 Republic Services common shares were withheld to satisfy Ellingsen’s tax liability from the RSU vesting. The withholding used a fair market value of $225.97 per share, equal to the closing stock price on 02/11/2026, rather than an open-market sale.

What was the value used for Republic Services (RSG) shares withheld for taxes?

The shares withheld for taxes were valued at $225.97 per share, the closing price of Republic Services common stock on 02/11/2026. This price was applied to 564 shares delivered to cover Ellingsen’s tax obligations arising from the RSU vesting event.

How many Republic Services (RSG) shares does Catharine D. Ellingsen own after the reported transactions?

Following the RSU vesting and tax share withholding, Ellingsen directly owns 46,996 Republic Services common shares. This balance reflects 1,282 shares received from the RSU conversion, offset by 564 shares delivered back to the company to satisfy related tax obligations.

What do the vested Restricted Stock Units mean for Republic Services (RSG) executive compensation?

The vesting of 1,282 RSUs shows part of Ellingsen’s long-term incentive compensation converting into actual Republic Services shares. Each unit represented a contingent right to one share, vesting 25% annually over four years from 02/11/2022, aligning pay with long-term shareholder value.

Was the Republic Services (RSG) insider transaction an open-market stock sale?

No, the Form 4 indicates the disposition of 564 shares was for tax withholding, not an open-market sale. Code “F” shows shares were delivered to cover taxes due on an RSU vesting, a common administrative step in equity compensation, rather than a discretionary share sale.