Republic Services (RSG) SVP granted RSUs and stock; shares withheld for taxes

Rhea-AI Filing Summary

Republic Services SVP Operations Richardson Larson reported equity award activity and related tax withholding. On February 19, 2026, Larson received 1,129 Restricted Stock Units under the 2021 Stock Incentive Plan, which vest in four equal annual installments and settle in an equal number of common shares.

On the same date, Larson acquired 2,366 shares of common stock upon settlement of performance shares based on Republic’s closing price of $221.63. To cover associated tax liabilities, 1,015 shares of common stock were withheld and disposed of at a fair market value of $221.63 per share, characterized as a tax-withholding disposition rather than an open-market sale.

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^*

Richardson Larson

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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	02/19/2026		A		2,366(1)	A	$0	4,362.26	D
Common Stock	02/19/2026		F		1,015(2)	D	$221.63	3,347.26	D

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)	02/19/2026		A		1,129		(3)	(3)	Common Stock	1,129	$0	1,129	D

Explanation of Responses:

1. Settlement of performance shares granted under the Republic Services, Inc. 2021 Stock Incentive Plan based on Republic's closing stock price on 02/19/2026 ($221.63).

2. Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the settlement of performance shares on 02/19/2026. The fair market value of the exchanged shares was $221.63 (the closing price of Republic Services, Inc.'s common stock on 02/19/2026).

3. Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc.'s 2021 Stock Incentive Plan. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is 02/19/2026) and each RSU ultimately will be paid out in the form of one share of Republic's common stock. The number of RSUs was calculated based on Republic's closing stock price on 02/19/2026 ($221.63).

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	02/23/2026
	** 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).
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FAQ

What equity awards did Republic Services (RSG) SVP Richardson Larson receive?

Richardson Larson received 1,129 Restricted Stock Units and 2,366 shares of common stock from settled performance shares. Both awards were granted under Republic Services’ 2021 Stock Incentive Plan, using the company’s February 19, 2026 closing price of $221.63 to determine the share amounts.

How will Richardson Larson’s 1,129 RSUs from Republic Services (RSG) vest?

The 1,129 Restricted Stock Units vest 25% on each of the first four anniversaries of the February 19, 2026 grant date. Each vested RSU will be settled in one share of Republic Services common stock, aligning Larson’s long-term compensation with shareholder value.

Why did Republic Services (RSG) withhold 1,015 shares from Richardson Larson?

Republic Services withheld 1,015 common shares to satisfy Larson’s tax liability on the performance share settlement. These shares were disposed of at a fair market value of $221.63 per share, reflecting the company’s February 19, 2026 closing stock price for the tax-withholding transaction.

Was Richardson Larson’s share disposition at Republic Services (RSG) an open-market sale?

No, the disposition of 1,015 shares was for tax withholding, not an open-market sale. The shares were delivered back to satisfy tax obligations tied to performance share settlement, using Republic Services’ $221.63 closing price to determine their fair market value.

What stock price did Republic Services (RSG) use to calculate Larson’s awards?

Republic Services used its February 19, 2026 closing stock price of $221.63. This price determined the number of performance shares settled into 2,366 common shares and the 1,129 RSUs granted, and it also set the fair market value for the 1,015 tax-withheld shares.