Republic Services (NYSE: RSG) EVP awarded RSUs and defers PSU shares
Rhea-AI Filing Summary
Republic Services EVP and Chief Development Officer Brian A. Bales reported equity compensation awards and related tax withholding transactions. On 02/19/2026, he received 1,354 restricted stock units, which vest 25% on each of the first four anniversaries of the grant date.
The filing notes that 3,188 performance share units were earned under the 2021 Stock Incentive Plan based on a closing stock price of $221.63, with 3,089 PSU shares deferred into the Deferred Compensation Plan and 99 shares of common stock used to satisfy related tax liabilities at the same price.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,354 | $0.00 | -- |
| Grant/Award | PSU Shares Deferred to DCP | 3,089 | $0.00 | -- |
| Grant/Award | Common Stock | 99 | $0.00 | -- |
| Tax Withholding | Common Stock | 99 | $221.63 | $22K |
Footnotes (1)
- 3,188 performance shares ("PSUs") were earned as of 02/19/2026 pursuant to the Republic Services, Inc. 2021 Stock Incentive Plan based on Republic's closing stock price on 02/19/2026 ($221.63). The Reporting Person elected to defer 100% of the grant, less taxes, pursuant to the Republic Services, Inc. Deferred Compensation Plan (the "DCP"). Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the settlement of performance shares on 02/19/2026. The fair market value of the exchanged shares was $221.63 (the closing price of Republic Services, Inc.'s common stock on 02/19/2026). Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc.'s 2021 Stock Incentive Plan. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is 02/19/2026) and each RSU ultimately will be paid out in the form of one share of Republic's common stock. The number of RSUs was calculated based on Republic's closing stock price on 02/19/2026 ($221.63). Based on 1 on 1 conversion.
FAQ
What did Republic Services (RSG) executive Brian Bales report in this Form 4?
Brian Bales reported equity awards and related tax withholding transactions. He received restricted stock units and earned performance share units, then deferred most of the PSU shares and delivered some common stock to cover associated tax liabilities.
How many restricted stock units did Brian Bales receive from Republic Services (RSG)?
Brian Bales received 1,354 restricted stock units. These RSUs were granted under Republic Services, Inc.'s 2021 Stock Incentive Plan and were calculated using a closing stock price of $221.63 on 02/19/2026, with future vesting in four equal annual installments.
How do the RSUs granted to the Republic Services (RSG) executive vest over time?
The restricted stock units vest in four equal annual installments. Specifically, 25% of the 1,354 RSUs vest on each of the first four anniversaries of the grant date, and each vested RSU is ultimately settled in one share of common stock.