Republic Services (NYSE: RSG) CAO logs RSU vesting and share withholding

Rhea-AI Filing Summary

Republic Services, Inc. CAO Elyse Carlsen reported the vesting and conversion of 100 Restricted Stock Units into an equal number of Republic Services common shares on February 11, 2026. The RSUs were part of a grant from February 11, 2022 that vests in four annual installments.

To cover related tax obligations from this vesting, 32 common shares were withheld and disposed of at a fair market value of $225.97 per share, based on the closing stock price on February 11, 2026. After these transactions, Carlsen directly owned 653 shares of Republic Services common stock.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Carlsen Elyse

(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)
	CAO

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		100(1)	A	$0	685	D
Common Stock	02/11/2026		F		32(2)	D	$225.97	653	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			100	(1)	(1)	Common Stock	100	$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. 100 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Republic Services (RSG) report for Elyse Carlsen?

Republic Services reported that CAO Elyse Carlsen had 100 Restricted Stock Units vest and convert into common stock on February 11, 2026. These RSUs came from a 2022 grant that vests in four equal annual installments.

How many Republic Services (RSG) shares did Elyse Carlsen receive and retain?

Elyse Carlsen received 100 common shares from vested RSUs and retained 68 shares after tax withholding. In total, following the reported transactions, she directly owned 653 shares of Republic Services common stock.

Why were some Republic Services (RSG) shares disposed of in this Form 4?

The Form 4 shows 32 shares of Republic Services common stock disposed of to satisfy Carlsen’s tax liability from the RSU vesting. These shares were withheld at a fair market value of $225.97 per share, matching the closing price on February 11, 2026.

What does transaction code "M" mean in the Republic Services (RSG) Form 4?

Transaction code "M" indicates the exercise or conversion of a derivative security. Here, it reflects the conversion of 100 Restricted Stock Units into 100 shares of Republic Services common stock upon vesting on February 11, 2026.

What does transaction code "F" indicate in the Republic Services (RSG) insider filing?

Transaction code "F" represents a tax-withholding disposition, where shares are delivered to pay taxes instead of cash. In this filing, 32 common shares were used to cover Carlsen’s tax liability tied to the RSU vesting event.

How do Republic Services (RSG) Restricted Stock Units work in this filing?

Each Restricted Stock Unit in this filing represents a contingent right to one common share of Republic Services. The RSUs granted February 11, 2022 vest 25% per year over four years, with the vested portion paid out in common stock.