Republic Services (RSG) EVP, COO receives additional RSU award on existing grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Republic Services EVP and COO Gregg Brummer received a grant of 53.91 Restricted Stock Units on April 15, 2026, reported with a reference price of $210.87 per underlying common share. These additional RSUs accrued as dividends on outstanding RSU awards and will vest and settle only if the related RSUs vest and settle.
Following this award, Brummer directly holds a total of 18,215.49 Restricted Stock Units, some of which are held under the company’s Deferred Compensation Plan. This is a compensation-related acquisition, not an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brummer Gregg
Role
EVP, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 53.91 | $210.87 | $11K |
Holdings After Transaction:
Restricted Stock Units — 18,215.49 shares (Direct)
Footnotes (1)
- Based on 1 on conversion. Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards that will vest and be settled to the extent the RSU is vested and settles. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
Key Figures
RSUs granted: 53.91 units
Reference price per share: $210.87 per share
Total RSUs after transaction: 18,215.49 units
+1 more
4 metrics
RSUs granted
53.91 units
Grant/award acquisition on April 15, 2026
Reference price per share
$210.87 per share
Reported price for RSU award on April 15, 2026
Total RSUs after transaction
18,215.49 units
Direct holdings following award
Conversion price
$0.00
Conversion or exercise price for RSUs
Key Terms
Restricted Stock Units, Deferred Compensation Plan, dividends on outstanding RSU awards
3 terms
Restricted Stock Units financial
"Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Deferred Compensation Plan financial
"A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
dividends on outstanding RSU awards financial
"Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards"
FAQ
What insider transaction did Republic Services (RSG) report for Gregg Brummer?
Republic Services reported that EVP and COO Gregg Brummer received 53.91 Restricted Stock Units as a compensation-related award. These units accrued as dividends on existing RSU awards and will vest and settle only if the underlying RSUs vest and settle.
How many Restricted Stock Units does Gregg Brummer hold after this Form 4?
After the reported award, Gregg Brummer holds a total of 18,215.49 Restricted Stock Units. This total includes the 53.91 new RSUs and units held directly and under the company’s Deferred Compensation Plan, all tied to Republic Services common stock.
Was the Republic Services (RSG) Form 4 a stock purchase or sale?
The Form 4 did not report an open-market stock purchase or sale. Instead, it disclosed a grant of 53.91 Restricted Stock Units to EVP and COO Gregg Brummer as part of his compensation, linked to existing RSU awards and future vesting conditions.
How do the new RSUs for Gregg Brummer at Republic Services vest and settle?
The additional 53.91 RSUs accrued as dividends on outstanding RSU awards. They will vest and be settled in shares of common stock only to the extent the related RSU awards themselves vest and settle, aligning their timing and conditions with those underlying grants.