STOCK TITAN

Republic Services (RSG) 10% owners add 501,664 shares in August buys

(Very High)
(Very Positive)
Form Type
4

Rhea-AI Filing Summary

Cascade Investment, L.L.C. and William H. Gates III, both reported as 10% owners of Republic Services, Inc., reported open-market purchases of the company’s common stock. Over August 10–11, 2026, they purchased a total of 501,664 shares in seven transactions at weighted-average prices between $213.7200 and $217.2700 per share, with each transaction executed in multiple trades within specified price ranges.

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Insider CASCADE INVESTMENT, L.L.C., GATES WILLIAM H III
Role 10% Owner | 10% Owner
Bought 501,664 shs ($108.15M)
Type Security Shares Price Value
Purchase Common stock F4 3,200 $214.6723 $687K
Purchase Common stock F5 21,038 $215.6815 $4.54M
Purchase Common stock F6 211,771 $216.3966 $45.83M
Purchase Common stock F7 3,991 $217.0873 $866K
Purchase Common stock F1 88,102 $214.4323 $18.89M
Purchase Common stock F2 166,095 $215.0725 $35.72M
Purchase Common stock F3 7,467 $216.1514 $1.61M
Holdings After Transaction: Common stock — 111,305,646 shares (Direct)
Footnotes (7)
  1. F1. This transaction was executed in multiple trades at prices ranging from $213.7200 to $214.7150. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  2. F2. This transaction was executed in multiple trades at prices ranging from $214.7200 to $215.6900. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  3. F3. This transaction was executed in multiple trades at prices ranging from $215.7400 to $216.6000. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  4. F4. This transaction was executed in multiple trades at prices ranging from $213.9900 to $214.9800. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  5. F5. This transaction was executed in multiple trades at prices ranging from $215.0000 to $215.9850. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  6. F6. This transaction was executed in multiple trades at prices ranging from $215.9900 to $216.9800. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  7. F7. This transaction was executed in multiple trades at prices ranging from $216.9900 to $217.2700. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
Total shares purchased 501,664 shares Aggregate open-market purchases on August 10–11, 2026 by reporting persons
Largest single reported purchase block 211,771 shares Common stock purchased on 2026-08-11 at a weighted-average price of $216.3966
Purchase price range low $213.7200 per share Lowest price in the multiple-trade range for the 2026-08-10 transaction with footnote F1
Purchase price range high $217.2700 per share Highest price in the multiple-trade range for the 2026-08-11 transaction with footnote F7
Weighted-average price example $214.4323 per share Weighted-average price for 88,102-share common stock purchase on 2026-08-10 (F1)
Number of buy transactions 7 All reported transactions were coded P (purchase) and classified as non-derivative
weighted-average price per share financial
"The price set forth above reflects the weighted-average price per share."
multiple trades financial
"This transaction was executed in multiple trades at prices ranging from..."
10% owner regulatory
"Each reporting person is identified as a 10% owner of the issuer."

FAQ

What did Cascade Investment report in the latest Form 4 for RSG?

Cascade Investment, L.L.C. reported open-market purchases of Republic Services common stock totaling 501,664 shares across seven transactions on August 10–11, 2026, at weighted-average prices between $213.7200 and $217.2700 per share.

How many Republic Services (RSG) shares were bought in this Form 4 filing?

The filing shows aggregate purchases of 501,664 shares of Republic Services common stock. These buys occurred in seven separate open-market transactions over August 10–11, 2026, as reported by Cascade Investment, L.L.C. and William H. Gates III as 10% owners.

At what prices were Republic Services (RSG) shares purchased in this Form 4?

The reported weighted-average purchase prices ranged from $213.7200 to $217.2700 per share. Each transaction was executed in multiple trades within narrower price ranges, with details available upon request from the reporting persons.

Who are the reporting persons in the Republic Services (RSG) Form 4?

The reporting persons are Cascade Investment, L.L.C. and William H. Gates III. Each is identified in the filing as a 10% owner of Republic Services, Inc., and they jointly report the series of open-market stock purchases.

Were the Republic Services (RSG) trades under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes describe execution details and price ranges only. There is no express statement that these trades were made pursuant to a Rule 10b5-1 trading plan.

What dates do the reported Republic Services (RSG) insider purchases cover?

All reported transactions occurred on August 10, 2026 and August 11, 2026. Across these two days, the reporting persons executed seven separate open-market purchases, totaling 501,664 shares of Republic Services common stock.

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SEC Form 4
FORM 4UNITED 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*
CASCADE INVESTMENT, L.L.C.

(Last)(First)(Middle)
2365 CARILLON POINT

(Street)
KIRKLAND WASHINGTON 98033

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
REPUBLIC SERVICES, INC. [ RSG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common stock08/10/2026P88,102A$214.4323(1)110,892,084D
Common stock08/10/2026P166,095A$215.0725(2)111,058,179D
Common stock08/10/2026P7,467A$216.1514(3)111,065,646D
Common stock08/11/2026P3,200A$214.6723(4)111,068,846D
Common stock08/11/2026P21,038A$215.6815(5)111,089,884D
Common stock08/11/2026P211,771A$216.3966(6)111,301,655D
Common stock08/11/2026P3,991A$217.0873(7)111,305,646D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
CASCADE INVESTMENT, L.L.C.

(Last)(First)(Middle)
2365 CARILLON POINT

(Street)
KIRKLAND WASHINGTON 98033

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
GATES WILLIAM H III

(Last)(First)(Middle)
2365 CARILLON POINT

(Street)
KIRKLAND WASHINGTON 98033

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $213.7200 to $214.7150. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
2. This transaction was executed in multiple trades at prices ranging from $214.7200 to $215.6900. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
3. This transaction was executed in multiple trades at prices ranging from $215.7400 to $216.6000. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
4. This transaction was executed in multiple trades at prices ranging from $213.9900 to $214.9800. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
5. This transaction was executed in multiple trades at prices ranging from $215.0000 to $215.9850. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
6. This transaction was executed in multiple trades at prices ranging from $215.9900 to $216.9800. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
7. This transaction was executed in multiple trades at prices ranging from $216.9900 to $217.2700. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
Cascade Investment, L.L.C. by: /s/ Alan Heuberger, Attorney-in-fact for Michael Larson, Business Manager08/12/2026
William H. Gates III by: /s/ Alan Heuberger, Attorney-in-fact08/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)