Republic Services’ Elyse Carlsen receives stock awards

The 4 additional RSUs accrued as dividends will vest and settle only to the extent the underlying RSU award is vested and settles.

Rhea-AI Filing Summary

Republic Services, Inc. CAO Elyse Carlsen acquired 4 Restricted Stock Units and 0.7 PSU shares on October 15, 2026. The RSUs accrued as dividends on outstanding RSU awards and will vest and settle to the extent the underlying awards vest and settle. The PSU shares reflect dividend equivalents on earned Performance Shares and were deferred under the company's Deferred Compensation Plan. After the transactions, her reported positions were 1,299.88 RSUs, a portion held under that plan, and 241.7 PSU shares.

Insider Trade Summary

Grant/Award: 4.7 shares

Grant/Award 2 txns

Insider Carlsen Elyse

Role CAO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1, F2, F3	4	$229.65	$918.60
Grant/Award	PSU Shares Deferred to DCP F1, F4	0.7	$229.65	$160.76

Holdings After Transaction: Restricted Stock Units — 1,299.88 contracts (Direct); PSU Shares Deferred to DCP — 241.7 contracts (Direct)

Footnotes (4)

1. F1. Based on a 1 on 1 conversion.
2. 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.
3. F3. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
4. F4. Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.

Key Figures

Restricted Stock Units acquired: 4 RSUs RSUs following transaction: 1,299.88 RSUs PSU shares acquired: 0.7 shares +1 more

4 metrics

Restricted Stock Units acquired 4 RSUs Dividend accrual, October 15, 2026

RSUs following transaction 1,299.88 RSUs Reported position after the October 15, 2026 transaction

PSU shares acquired 0.7 shares Dividend equivalents on earned Performance Shares, October 15, 2026

PSU shares following transaction 241.7 shares Reported position after the October 15, 2026 transaction

Key Terms

Restricted Stock Units (RSUs), dividend equivalents, Performance Shares ("PSUs"), Deferred Compensation Plan

4 terms

Restricted Stock Units (RSUs) financial

"additional Restricted Stock Units (RSUs) accrued as dividends"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

dividend equivalents financial

"dividend equivalents received on earned Performance Shares"

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.

Performance Shares ("PSUs") financial

"earned Performance Shares ("PSUs")"

Deferred Compensation Plan financial

"deferred 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did RSG CAO Elyse Carlsen receive on October 15, 2026?

Elyse Carlsen received 4 Restricted Stock Units accrued as dividends on outstanding RSU awards; they vest and settle to the extent the underlying awards vest and settle.

How many PSU shares did RSG's Elyse Carlsen defer?

She received 0.7 PSU shares as dividend equivalents on earned Performance Shares, and those shares were deferred under Republic Services' Deferred Compensation Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/19/2026 - 08:36 PM EDT Accepted by SEC EDGAR 10/19/2026 - 08:36 PM EDT Learn about SEC filing dates

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 ARIZONA 85054

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form 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)
			Code	V	Amount	(A) or (D)	Price

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	(1)	10/15/2026		A		4		(2)	(2)	Common Stock	4	$229.65	1,299.88(3)	D
PSU Shares Deferred to DCP	(1)	10/15/2026		A		0.7		(4)	(4)	Common Stock	0.7	$229.65	241.7	D

Explanation of Responses:

1. Based on a 1 on 1 conversion.

2. 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.

3. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.

4. Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	10/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)