Republic Services (RSG) EVP Ellingsen receives new RSU and cash-settled stock unit awards
Rhea-AI Filing Summary
REPUBLIC SERVICES, INC. executive Catharine D. Ellingsen, EVP/Chief Legal Officer/Secretary, reported compensation-related equity awards. She acquired 24.09 Restricted Stock Units tied to common stock at a reference value of $210.87 per share, including RSUs accrued as dividend equivalents that will vest and settle only if the underlying RSUs vest.
She also acquired 62 stock units, equal in value to common shares at $210.87 per unit, held in the company’s Deferred Compensation Plan under the Republic Services Stock Investment Fund, which is settled in cash and receives additional stock units as dividend equivalents. Following these awards, she holds 8,103.53 RSUs directly and 20,950 stock units in the plan.
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ellingsen Catharine D
Role
EVP/Chief Legal Officer/Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 24.09 | $210.87 | $5K |
| Grant/Award | Stock Units | 62 | $210.87 | $13K |
Holdings After Transaction:
Restricted Stock Units — 8,103.53 shares (Direct);
Stock Units — 20,950 shares (Direct)
Footnotes (4)
- F1. Based on 1 on 1 conversion.
- F2. 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.
- F3. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
- F4. Ms. Ellingsen holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund") pursuant to her election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.
Key Figures
RSUs granted: 24.09 units
Stock units granted: 62 units
Reference share price: $210.87 per share
+3 more
6 metrics
RSUs granted
24.09 units
Restricted Stock Units acquired on April 15, 2026
Stock units granted
62 units
Stock units in Deferred Compensation Plan on April 15, 2026
Reference share price
$210.87 per share
Value used for both RSU and stock unit awards
RSU holdings after award
8,103.53 units
Total Restricted Stock Units following transactions
Stock unit holdings after award
20,950 units
Total stock units in Deferred Compensation Plan after grant
Conversion ratio
1 to 1
RSUs convert into common stock on a one-for-one basis
Key Terms
Restricted Stock Units, Deferred Compensation Plan, Stock Investment Fund, dividend equivalents
4 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.
Stock Investment Fund financial
"Ms. Ellingsen holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund")"
dividend equivalents financial
"and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did RSG executive Catharine Ellingsen acquire in this Form 4 filing?
Catharine Ellingsen received 24.09 Restricted Stock Units and 62 stock units as compensation-related awards. These units track Republic Services common stock value and are structured through the company’s equity and deferred compensation plans, rather than open-market purchases or sales.
Are the RSG Restricted Stock Units granted to Ellingsen settled in stock or cash?
The Restricted Stock Units convert on a one-for-one basis into common stock upon vesting. Additional RSUs were accrued as dividend equivalents and will vest and settle only to the extent the underlying RSU awards themselves vest and settle in shares.
How do the RSG stock units in the Deferred Compensation Plan work for Ellingsen?
Ellingsen holds stock units under the Republic Services Stock Investment Fund within the Deferred Compensation Plan. These units mirror the value of common stock, are settled in cash, and receive dividend equivalents in the form of additional stock units whenever dividends are paid.
How many RSG Restricted Stock Units does Ellingsen hold after these transactions?
After these awards, Ellingsen holds 8,103.53 Restricted Stock Units directly. This figure includes previously granted RSUs plus the new dividend-equivalent RSUs that accrued, all subject to vesting and settlement terms under Republic Services’ compensation arrangements.
What is Ellingsen’s total RSG stock unit balance in the Deferred Compensation Plan?
Following the latest grant of 62 stock units, Ellingsen’s balance in the Deferred Compensation Plan’s Stock Investment Fund is 20,950 stock units. These units are a cash-settled measurement tied to Republic Services’ common stock performance and dividend payments.
Were these RSG transactions open-market buys or sells by Catharine Ellingsen?
No, the filing classifies both entries with code A as grant/award acquisitions. They represent equity and stock unit awards under company plans, not open-market purchases or sales, and therefore reflect compensation structure rather than discretionary trading activity.