Republic Services (NYSE: RSG) director gets RSU dividend accrual
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REPUBLIC SERVICES, INC. director Norman Thomas Linebarger received 10.710 Restricted Stock Units (RSUs) as a compensation-related award. These RSUs were accrued as dividend equivalents on his existing RSU grants and will convert into an equal number of common shares on a 1-for-1 basis when those awards vest and settle.
After this dividend-related accrual on April 15, 2026, he directly holds 3,494.180 RSUs tied to Republic Services common stock. This is a routine, non-cash equity compensation adjustment rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LINEBARGER NORMAN THOMAS
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10.71 | $210.87 | $2K |
Holdings After Transaction:
Restricted Stock Units — 3,494.18 shares (Direct)
Footnotes (1)
- Based on 1 on 1 conversion. 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.
Key Figures
RSUs granted: 10.710 units
Reference price per share: $210.8700
Total RSUs after transaction: 3,494.180 units
+1 more
4 metrics
RSUs granted
10.710 units
Dividend-equivalent Restricted Stock Units on April 15, 2026
Reference price per share
$210.8700
Value per underlying common share for this RSU grant
Total RSUs after transaction
3,494.180 units
Director’s RSU holdings following the April 15, 2026 award
RSU conversion ratio
1-on-1
Each RSU converts into one share of common stock
Key Terms
Restricted Stock Units, RSUs, accrued as dividends, 1 on 1 conversion
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and underlying_security_title: "Common Stock""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
accrued as dividends financial
"RSUs accrued as dividends on outstanding RSU awards that will vest and be settled"
1 on 1 conversion financial
"Based on 1 on 1 conversion."
FAQ
What insider transaction did REPUBLIC SERVICES (RSG) report for Norman Thomas Linebarger?
REPUBLIC SERVICES reported that director Norman Thomas Linebarger received 10.710 Restricted Stock Units. These RSUs were granted as dividend equivalents on his outstanding RSU awards and will settle in common stock if and when the related RSUs vest and settle.
How many RSUs does Norman Thomas Linebarger hold after this Form 4 for RSG?
Following this transaction, Norman Thomas Linebarger directly holds 3,494.180 Restricted Stock Units linked to REPUBLIC SERVICES common stock. This reflects his cumulative equity-based compensation position as of the award date, including the new 10.710 RSUs accrued as dividend equivalents.
What does a 1-on-1 conversion mean for the RSG Restricted Stock Units?
A 1-on-1 conversion means each Restricted Stock Unit corresponds to one share of REPUBLIC SERVICES common stock. When the RSUs vest and settle, Linebarger will receive one share for each unit, subject to the vesting conditions of the underlying awards.
Why did Norman Thomas Linebarger receive additional RSUs from REPUBLIC SERVICES?
He received additional RSUs because dividends accrued on his outstanding Restricted Stock Unit awards. Instead of paying cash, REPUBLIC SERVICES credited 10.710 dividend-equivalent RSUs, which will vest and settle only if the related RSU awards themselves vest and settle.