Republic Services (NYSE: RSG) SVP converts RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
165 shares exercised/converted
Mixed
3 txns
Insider
Richardson Larson
Role
SVP Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 165 | $0.00 | -- |
| Exercise | Common Stock | 165 | $0.00 | -- |
| Tax Withholding | Common Stock | 110 | $225.97 | $25K |
Holdings After Transaction:
Restricted Stock Units — 1,968 shares (Direct);
Common Stock — 1,941 shares (Direct)
Footnotes (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. 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). Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
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.
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.