Republic Services (NYSE: RSG) SVP converts RSUs and withholds shares for taxes

Rhea-AI Filing Summary

Republic Services SVP Operations Richardson Larson reported equity award activity involving Restricted Stock Units and common stock on February 11, 2026. Larson converted 165 Restricted Stock Units into an equal number of Republic Services common shares at an exercise price of $0, reflecting vesting under a prior award.

To cover tax obligations arising from this vesting, 110 common shares were withheld and disposed of at a fair market value of $225.97 per share. Following these transactions, Larson directly owned 1,831 shares of common stock and 1,968 Restricted Stock Units, with 493 RSUs remaining deferred under the company’s Deferred Compensation Plan.

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

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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)
02/11/2026

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		165(1)	A	$0	1,941	D
Common Stock	02/11/2026		F		110(2)	D	$225.97	1,831	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			165	(1)	(1)	Common Stock	165	$0	1,968	D

Explanation of Responses:

1. The Reporting Person previously elected to defer the Restricted Stock Units ("RSUs") granted on 02/11/2022 in accordance with the Company's Deferred Compensation Plan (the "DCP"). On 02/11/2026 25% of the grant vested, with 493 RSUs (including accrued dividend equivalents) remaining deferred in the DCP and 165 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 02/11/2026. 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transactions did RSG SVP Richardson Larson report on February 11, 2026?

Richardson Larson reported the vesting and conversion of 165 Restricted Stock Units into Republic Services common stock and the withholding of 110 shares to satisfy tax obligations. These movements reflect equity award activity rather than an open-market purchase or sale.

How many Republic Services (RSG) shares does Richardson Larson own after the reported Form 4?

After the February 11, 2026 transactions, Richardson Larson directly owned 1,831 shares of Republic Services common stock. He also held 1,968 Restricted Stock Units, some of which remain deferred under the company’s Deferred Compensation Plan, providing additional potential future share delivery.

What was the price used for the RSG shares withheld for taxes on February 11, 2026?

The shares withheld to satisfy Richardson Larson’s tax liability were valued at $225.97 per share. This amount represents the closing stock price of Republic Services common stock on February 11, 2026 and was used to determine the tax-withholding share quantity.

Was the February 11, 2026 RSG insider transaction an open-market sale by Richardson Larson?

No, the reported disposition involved 110 shares withheld to cover taxes from Restricted Stock Unit vesting. The Form 4 describes this as payment of tax liability by delivering securities, rather than an open-market sale initiated for portfolio or liquidity reasons.

What Restricted Stock Unit award was involved in the February 11, 2026 RSG Form 4?

The activity relates to RSUs granted on February 11, 2022, which Larson elected to defer under the Deferred Compensation Plan. On February 11, 2026, 25% of that grant vested, with 165 RSUs paid in stock and 493 RSUs remaining deferred in the plan.

What does each Restricted Stock Unit represent in the RSG insider filing?

Each Restricted Stock Unit represents a contingent right to receive one share of Republic Services common stock. Upon vesting and, where applicable, settlement, RSUs convert into common shares, subject to any deferral elections and associated tax-withholding transactions.