Republic Services (RSG) director shifts 1,858 RSU shares into family trust

Rhea-AI Filing Summary

Republic Services director Brian S. Tyler reported the settlement of previously granted restricted stock units and a related transfer of shares. On 01/31/2026, 1,858 RSUs granted on 01/03/2023, including dividend equivalents, converted on a 1-for-1 basis into 1,858 shares of Republic Services common stock.

Following the conversion, 1,858 shares were transferred at no cost to the reporting person’s family trust, where he and his spouse serve as trustees and beneficiaries. After these transactions, he directly held 5 common shares and the family trust held 5,452 common shares.

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^*

TYLER BRIAN S.

(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)
01/31/2026

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
Common Stock	01/31/2026		M		1,858(1)	A	$0	1,863	D
Common Stock	01/31/2026		G		1,858(2)	D	$0	5	D
Common Stock	01/31/2026		G		1,858(2)	A	$0	5,452	I	Trust(2)

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)	01/31/2026		M			1,858	(1)	(1)	Common Stock	1,858	$0	0	D

Explanation of Responses:

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.

2. The 1,858 RSUs that settled to Republic Services, Inc. common stock on 01/31/2026 were transferred to the Reporting Person's family trust of which the Reporting Person and his spouse are trustees and beneficiaries.

3. Based on 1 on 1 conversion.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	02/03/2026
	** 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.
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FAQ

What insider transaction did Republic Services (RSG) director Brian S. Tyler report?

Brian S. Tyler reported converting 1,858 restricted stock units into 1,858 Republic Services common shares on 01/31/2026. These RSUs came from a 01/03/2023 grant under the 2021 Stock Incentive Plan and included dividend equivalents.

How many Republic Services (RSG) RSUs did the director originally receive and when were they granted?

The director received 1,788 restricted stock units on 01/03/2023 under Republic Services’ 2021 Stock Incentive Plan. These RSUs vested immediately on the grant date but could not be converted into common stock until specific time or separation-from-service conditions were met.

Why did 1,858 Republic Services (RSG) RSUs convert into 1,858 common shares instead of 1,788?

The 1,858 restricted stock units reflected the original 1,788-unit grant plus dividend equivalents accrued over time. On 01/31/2026, all 1,858 RSUs settled into 1,858 Republic Services common shares based on a stated 1-for-1 conversion ratio.

What happened to the 1,858 Republic Services (RSG) shares after the RSUs settled?

After the RSUs settled on 01/31/2026, the 1,858 Republic Services common shares were transferred at no cost to the reporting person’s family trust. The reporting person and spouse are trustees and beneficiaries of this family trust.

How many Republic Services (RSG) shares does the director hold directly and indirectly after the transactions?

After the 01/31/2026 transactions, the director directly held 5 Republic Services common shares. Indirectly, through a family trust where he and his spouse are trustees and beneficiaries, 5,452 Republic Services common shares were reported as beneficially owned.

What is the nature of the family trust’s ownership of Republic Services (RSG) shares?

The family trust holds Republic Services common shares indirectly for the reporting person. The filing notes the reporting person and spouse as trustees and beneficiaries of the trust, and identifies the trust as the indirect owner of 5,452 common shares after the reported transactions.