Republic Services grants CAO dividend RSUs

Republic Services, Inc. CAO Elyse Carlsen received equity-based awards linked to dividends.

Accepted by SEC EDGAR 07/17/2026 - 06:10 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Republic Services, Inc. CAO Elyse Carlsen received equity-based awards linked to dividends. On 2026-07-15 she acquired 2.9800 Restricted Stock Units and 1.0000 PSU share as dividend equivalents at $217.3400 per share. After these grants she directly holds 1,295.8800 RSUs and 241.0000 PSU shares, some of which are deferred under the company’s Deferred Compensation Plan.

Insider Trade Summary

Grant/Award: 3.98 shares

Grant/Award 2 txns

Insider Carlsen Elyse

Role CAO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1, F2, F3	2.98	$217.34	$647.67
Grant/Award	PSU Shares Deferred to DCP F1, F4	1	$217.34	$217.34

Holdings After Transaction: Restricted Stock Units — 1,295.88 contracts (Direct); PSU Shares Deferred to DCP — 241 contracts (Direct)

Holdings Before and After: Restricted Stock Units, 1,292.9 to 1,295.88 contracts (Direct); PSU Shares Deferred to DCP, 240 to 241 contracts (Direct)

Footnotes (4)

1. F1. Based on a 1 on 1 conversion.
2. F2. 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.
3. F3. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
4. F4. Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.

Key Figures

Restricted Stock Units granted: 2.9800 units PSU units granted: 1.0000 unit Reference price per share: $217.3400 +2 more

5 metrics

Restricted Stock Units granted 2.9800 units RSUs credited as dividend equivalents on 2026-07-15

PSU units granted 1.0000 unit PSU Shares Deferred to DCP credited as dividend equivalents on 2026-07-15

Reference price per share $217.3400 Valuation used for RSU and PSU dividend-equivalent credits

RSUs held after transaction 1,295.8800 units Total Restricted Stock Units directly held by Elyse Carlsen after 2026-07-15 grant

PSU units held after transaction 241.0000 units Total PSU Shares Deferred to DCP directly held after 2026-07-15 grant

Key Terms

Restricted Stock Units (RSUs), Performance Shares ("PSUs"), Deferred Compensation Plan, dividend equivalents

4 terms

Restricted Stock Units (RSUs) financial

"Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

Performance Shares ("PSUs") financial

"Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the 2021 Stock Incentive Plan"

Deferred Compensation Plan financial

"A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan"

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

dividend equivalents financial

"Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did RSG CAO Elyse Carlsen report acquiring?

Elyse Carlsen acquired 2.9800 Restricted Stock Units and 1.0000 PSU share as dividend equivalents valued at $217.3400 per share. These awards were credited on 2026-07-15 and are tied to existing RSU and Performance Share awards.

Did Elyse Carlsen buy or sell Republic Services (RSG) stock on the open market?

No open-market buys or sells are reported. The Form 4 shows grant/award acquisitions of dividend-equivalent RSUs and PSU units, not market transactions, with no shares sold or purchased in the open market on 2026-07-15.

How many Restricted Stock Units does RSG CAO Elyse Carlsen hold after these transactions?

After the reported grant, Elyse Carlsen directly holds 1,295.8800 Restricted Stock Units. These RSUs include units accrued as dividends on outstanding RSU awards, with a portion held within the company’s Deferred Compensation Plan.

What is the reference price for the dividend-equivalent units reported by RSG?

Both the RSU and PSU dividend-equivalent credits use a reference value of $217.3400 per share. This price applies to the 2.9800 RSUs and 1.0000 PSU share awarded on 2026-07-15 to CAO Elyse Carlsen.

Are any of Elyse Carlsen’s RSG RSUs or PSUs held under a deferred compensation plan?

Yes. Footnotes state that a portion of the RSUs and the PSU dividend equivalents are held under Republic Services’ Deferred Compensation Plan, where certain Performance Shares were deferred on a 1-for-1 basis into that plan.

How many PSU units does RSG CAO Elyse Carlsen hold after the latest awards?

Following the 1.0000-unit PSU dividend-equivalent credit, Elyse Carlsen directly holds 241.0000 PSU share units labeled as “PSU Shares Deferred to DCP.” These units reflect earned Performance Shares deferred into the Deferred Compensation Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Carlsen Elyse

(Last) (First) (Middle)

C/O REPUBLIC SERVICES, INC.

5353 E. CITY NORTH DRIVE

(Street)

PHOENIX ARIZONA 85054

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026

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

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

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

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)	07/15/2026		A		2.98		(2)	(2)	Common Stock	2.98	$217.34	1,295.88(3)	D
PSU Shares Deferred to DCP	(1)	07/15/2026		A		1		(4)	(4)	Common Stock	1	$217.34	241	D

Explanation of Responses:

1. Based on a 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.

3. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.

4. Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	07/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)