Republic Services (NYSE: RSG) director reports dividend-based RSU accrual

Rhea-AI Filing Summary

Republic Services director reports small RSU dividend accrual

Republic Services, Inc. director Margaret Reynolds reported an acquisition of derivative equity under the company’s incentive program. On January 15, 2026, she received 12.69 Restricted Stock Units (RSUs), coded as an acquisition (A), at a reference price of $210.79 per unit. These RSUs are based on a 1-for-1 conversion into Republic Services common stock.

According to the footnotes, the new RSUs represent additional units accrued as dividends on her outstanding RSU awards and will vest and settle only to the extent the related RSUs vest and settle. Following this transaction, Reynolds beneficially owns 4,369.47 RSUs directly.

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^*

Reynolds Margaret

(Last) (First) (Middle)

C/O REPUBLIC SERVICES, INC.

5353 E. CITY NORTH DRIVE

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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

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)	01/15/2026		A		12.69		(2)	(2)	Common Stock	12.69	$210.79	4,369.47	D

Explanation of Responses:

1. Based on 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.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	01/20/2026
	** 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.

FAQ

What insider transaction did Republic Services (RSG) report for Margaret Reynolds?

Republic Services (RSG) reported that director Margaret Reynolds acquired 12.69 Restricted Stock Units (RSUs) on January 15, 2026, coded as an acquisition (A) of derivative securities.

What are the terms of the new RSUs reported by the Republic Services (RSG) director?

The 12.69 RSUs are based on a 1-for-1 conversion into Republic Services common stock and carry a reference price of $210.79 per unit.

Why did Margaret Reynolds receive additional RSUs in this Republic Services (RSG) Form 4?

The filing states the RSUs represent additional units accrued as dividends on outstanding RSU awards and will vest and be settled only if the related RSUs vest and settle.

How many Republic Services (RSG) RSUs does Margaret Reynolds now beneficially own?

After the reported transaction, Margaret Reynolds beneficially owns 4,369.47 Restricted Stock Units of Republic Services, Inc., held directly.

Is the Republic Services (RSG) Form 4 transaction a direct or indirect holding?

The Form 4 lists the ownership form as Direct (D), indicating the RSUs are directly beneficially owned by Margaret Reynolds, with no separate entity disclosed as holder.

Does this Republic Services (RSG) Form 4 involve non-derivative common stock?

No non-derivative securities are detailed in the excerpt. The reported transaction concerns derivative securities in the form of Restricted Stock Units that are convertible into common stock on a 1-for-1 basis.