[Form 4] Republic Services Inc. Insider Trading Activity

Rhea-AI Filing Summary

Amanda Hodges, Republic Services' EVP, Chief Commercial Officer, reported routine equity compensation activity affecting her direct holdings. 124 restricted stock units (RSUs) vested and were paid out in common stock, and 52 shares were transferred to satisfy tax withholding at $235.21 per share. As recorded, Hodges' direct beneficial ownership of Republic Services common stock following these transactions is 11,124 shares.

The filing also shows 377 RSUs remaining as derivative securities beneficially owned after the reported transactions, and confirms each RSU represents the contingent right to one share of common stock.

Insights

Corporate Governance Expert

TL;DR: Routine executive equity vesting and tax withholding; no material change to company capitalization.

The Form 4 documents a standard annual vesting event for an executive: 124 RSUs vested and were paid in shares, with 52 shares withheld to satisfy tax obligations at a disclosed per-share value of $235.21. The reporting person retains direct ownership of 11,124 common shares and continues to hold 377 RSUs as derivative interests. This is a compensation administration matter and does not indicate a change in corporate strategy, financing, or control.

Securities Analyst

TL;DR: Insider sale was purely for tax settlement following RSU vesting; transaction size is immaterial to investors.

Details show an "F" code disposition of 52 shares to cover withholding at a reported fair market value of $235.21 per share, immediately following the vesting of 124 RSUs that were paid out in stock. The net increase then decrease in share count results in a final direct holding of 11,124 shares. The magnitude of these transactions is small relative to company float and presents no material market impact.

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

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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^*

Hodges Amanda

(Last) (First) (Middle)

18500 N. ALLIED WAY

(Street)

PHOENIX AZ 85054

(City) (State) (Zip)

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)
	EVP, Chief Commercial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Stock	08/09/2025		M		124(1)	A	$0	11,176	D
Common Stock	08/09/2025		F		52(2)	D	$235.21	11,124	D

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	(3)	08/09/2025		M			124	(1)	(1)	Common Stock	124	$0	377	D

Explanation of Responses:

1. The Restricted Stock Units ("RSUs") granted on 08/09/2024 vest 25% on each of the first four anniversaries of the date of grant. 124 RSUs, that included accrued dividend equivalents, automatically vested on 08/09/2025 and were paid out in the form of Republic Services, Inc.'s common stock.

2. Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of shares under a Restricted Stock Unit award on 08/09/2025. The fair market value of the exchanged shares was $235.21 (the closing price of Republic Services, Inc.'s common stock on 08/08/2025).

3. Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	08/12/2025
	** 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.

FAQ

What insider transactions did Amanda Hodges report for RSG on this Form 4?

The Form 4 reports that 124 RSUs vested and were paid out in common stock, and 52 shares were transferred to satisfy tax withholding, resulting in 11,124 shares held directly.

How many RSUs vested and how were they settled?

124 restricted stock units vested and were paid out in the form of Republic Services common stock.

What price was used to calculate the tax withholding?

The fair market value used for the exchanged shares was $235.21, noted as the closing price on the prior trading day.

How many RSUs or derivative securities does the reporting person still own?

After the reported transactions the Form 4 shows the reporting person beneficially owns 377 RSUs (derivative securities).

What is Amanda Hodges' role at Republic Services (RSG)?

The Form 4 identifies the reporting person as an Officer with the title EVP, Chief Commercial Officer.