Republic Services director settles 680 RSUs
Republic Services, Inc. director Margaret Reynolds settled 680 restricted stock units (RSUs) into an equal number of common shares on July 31, 2026, arising from a 2023 award under the company’s 2021 Stock Incentive Plan.
Rhea-AI Filing Summary
Republic Services, Inc. director Margaret Reynolds settled 680 restricted stock units (RSUs) into an equal number of common shares on July 31, 2026, arising from a 2023 award under the company’s 2021 Stock Incentive Plan.
Following the conversion, she directly holds 717 common shares. The RSUs were originally granted as 656 units, increased through accrued dividend equivalents, and were convertible on a 1 on 1 basis subject to timing conditions tied to a three-year anniversary or separation from service under Section 409A.
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Insider Trade Summary
680 shares exercised/converted
Exercise
2 txns
Insider
Reynolds Margaret
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1 | 680 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 680 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 717 shares (Direct)
Footnotes (2)
- F1. On 07/26/2023 ("Date of Grant"), the non-management Director was granted an award of 656 Restricted Stock Units ("RSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan. The RSUs immediately vested on the Date of Grant; however, the Director could not convert any of the RSUs to 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 680 RSUs, that included accrued dividend equivalents, to Republic common stock was effective as of 07/31/2026.
- F2. Based on a 1 on 1 conversion.
Key Figures
RSUs settled: 680 RSUs
Common shares acquired: 680 shares
Common shares held after: 717 shares
+4 more
7 metrics
RSUs settled
680 RSUs
Restricted Stock Units settled into common stock effective 07/31/2026
Common shares acquired
680 shares
Common stock received upon RSU settlement on 07/31/2026
Common shares held after
717 shares
Direct common stock holdings following the reported transactions
RSUs granted
656 RSUs
Awarded to the non-management director on 07/26/2023 under the 2021 Stock Incentive Plan
RSU grant date
07/26/2023
Date of Grant for the original RSU award
RSU settlement date
07/31/2026
Effective date of RSU settlement into common stock
Conversion ratio
1 on 1
RSUs convertible into common stock based on a 1 on 1 conversion
Key Terms
Restricted Stock Units, Section 409A of the Internal Revenue Code, dividend equivalents, 2021 Stock Incentive Plan
4 terms
Restricted Stock Units financial
"the non-management Director was granted an award of 656 Restricted Stock Units"
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.
Section 409A of the Internal Revenue Code regulatory
"separation from service within the meaning of Section 409A of the Internal Revenue Code"
dividend equivalents financial
"The settlement of 680 RSUs, that included accrued dividend equivalents, to Republic common stock"
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.
2021 Stock Incentive Plan financial
"in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Republic Services (RSG) director Margaret Reynolds report?
Margaret Reynolds reported settling 680 restricted stock units into common stock on July 31, 2026. The RSUs came from a 2023 grant under the 2021 Stock Incentive Plan and were converted on a 1 on 1 basis into Republic Services common shares.
What was the origin of the 680 RSUs reported by Republic Services (RSG) director Margaret Reynolds?
The 680 RSUs settled in 2026 originated from a 656 RSU grant on July 26, 2023. That award, made under the Republic Services, Inc. 2021 Stock Incentive Plan, immediately vested but was subject to deferred settlement and grew through accrued dividend equivalents.
When were Margaret Reynolds’s Republic Services (RSG) RSUs eligible to be converted into common stock?
Her RSUs became convertible on the earlier of the last day of the month including the three-year anniversary of the July 26, 2023 grant or her separation from service. These timing rules were applied under Section 409A of the Internal Revenue Code.
Were Margaret Reynolds’s Republic Services (RSG) transactions reported as part of a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox was not marked, so these transactions were not affirmed as executed under a Rule 10b5-1 trading plan. The disclosure instead focuses on the scheduled settlement mechanics of the previously granted RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
