RSG Form 4: 52 Shares Withheld for Taxes at $235.21
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.
Positive
- None.
Negative
- None.
Insights
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 124 | $0.00 | -- |
| Exercise | Common Stock | 124 | $0.00 | -- |
| Tax Withholding | Common Stock | 52 | $235.21 | $12K |
Footnotes (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. 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). Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.