Republic Services (RSG) director settles 1,858 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Republic Services director James P. Snee settled previously granted stock units into common shares. On 01/31/2026, 1,858 Restricted Stock Units were converted into 1,858 shares of Republic Services common stock at a price of $0 per share, based on a 1-to-1 conversion.
These RSUs were originally granted on 01/03/2023 under the company’s 2021 Stock Incentive Plan, with immediate vesting but deferred settlement until a specified date or separation from service. The 1,858 units include dividend equivalents. After this settlement, Snee directly owns 13,939 shares of Republic Services common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,858 shares exercised/converted
Mixed
2 txns
Insider
Snee James P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,858 | $0.00 | -- |
| Exercise | Common Stock | 1,858 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 13,939 shares (Direct)
Footnotes (1)
- On 01/03/2023 ("Date of Grant"), the non-management Director was granted an award of 1,788 Restricted Stock Units ("RSUs") in accordance with the Company's 2021 Stock Incentive Plan, as amended. The RSUs were immediately vested on the Date of Grant; however, the Director could not convert any of the RSUs to Company common stock (based on a 1 on 1 conversion) until the earlier of the last day of the month in which the three-year anniversary of the date of the award occurs or the date on which the Director incurs a separation from service within the meaning of Section 409A of the Internal Revenue Code. The settlement of 1,858 RSUs, that included dividend equivalents, to Company common stock was effective on 01/31/2026. Based on a 1 on 1 conversion.
FAQ
What insider transaction did Republic Services (RSG) disclose for James P. Snee?
Republic Services disclosed that director James P. Snee converted 1,858 Restricted Stock Units into 1,858 shares of common stock on 01/31/2026 at $0 per share. This was a settlement of a prior equity grant under the company’s 2021 Stock Incentive Plan.
What was the origin of the 1,858 RSUs reported for Republic Services (RSG)?
The 1,858 RSUs settled on 01/31/2026 arose from a 01/03/2023 grant of 1,788 Restricted Stock Units to Snee under the 2021 Stock Incentive Plan, plus additional dividend equivalents. The RSUs vested immediately at grant but were subject to deferred settlement conditions.
At what price were the Republic Services (RSG) RSUs converted to common stock?
The 1,858 Restricted Stock Units held by James P. Snee were converted into an equal number of Republic Services common shares at a transaction price of $0 per share. This reflects a stock settlement of an existing equity award rather than an open-market purchase.
What does the transaction code "M" mean in the Republic Services (RSG) Form 4?
In this Form 4, the transaction code "M" indicates the exercise or conversion of a derivative security. Here, it reflects the settlement of 1,858 Restricted Stock Units into 1,858 Republic Services common shares under the company’s stock incentive plan on 01/31/2026.
Were the Republic Services (RSG) RSUs immediately vested when granted to James P. Snee?
Yes. The 1,788 Restricted Stock Units granted on 01/03/2023 to James P. Snee vested immediately on the grant date. However, they could not be converted into Republic Services common stock until specified timing or separation-from-service conditions were satisfied under Section 409A rules.