Republic Services (NYSE: RSG) EVP gets stock awards and tax-share withholding

Rhea-AI Filing Summary

REPUBLIC SERVICES, INC. executive Catharine D. Ellingsen, EVP/Chief Legal Officer/Secretary, reported equity compensation changes. She acquired 1,828 Restricted Stock Units, which will vest 25% on each of the first four anniversaries of the 02/19/2026 grant date and convert into common shares.

Ellingsen also acquired 4,457 shares of common stock from the settlement of performance shares based on Republic’s $221.63 closing price on 02/19/2026. To cover tax liabilities from this settlement, 1,888 common shares were disposed of at $221.63 through a tax-withholding transaction. After these transactions, she directly owned 50,709.78 shares of common stock.

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^*

Ellingsen Catharine D

(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)
	EVP/Chief Legal Officer/Sec

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		4,457(1)	A	$0	52,597.78	D
Common Stock	02/19/2026		F		1,888(2)	D	$221.63	50,709.78	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		1,828		(3)	(3)	Common Stock	1,828	$0	1,828	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).
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 transactions did RSG executive Catharine Ellingsen report on this Form 4?

Catharine Ellingsen reported equity awards and related tax withholding. She received 1,828 Restricted Stock Units and 4,457 common shares from performance share settlement, and 1,888 shares were disposed of to satisfy tax liabilities tied to that settlement at $221.63 per share.

How many Restricted Stock Units did RSG grant to Catharine Ellingsen and how do they vest?

Ellingsen received 1,828 Restricted Stock Units under Republic Services’ 2021 Stock Incentive Plan. The RSUs vest in four equal 25% installments on each of the first four anniversaries of the 02/19/2026 grant date, with each unit ultimately paid out in one common share.

What is the nature of the 4,457 RSG common shares acquired by Catharine Ellingsen?

The 4,457 common shares reflect settlement of performance shares granted under the 2021 Stock Incentive Plan. The number was calculated using Republic Services’ closing stock price of $221.63 on 02/19/2026, the same price referenced in the related footnote disclosure.

Why were 1,888 Republic Services shares disposed of in Catharine Ellingsen’s Form 4?

The 1,888 common shares were surrendered to satisfy Ellingsen’s tax liability upon settlement of performance shares. The transaction used a price of $221.63 per share, matching Republic Services’ 02/19/2026 closing price, and is classified as a tax-withholding disposition, not a market trade.

How many Republic Services shares does Catharine Ellingsen own after these transactions?

Following the reported equity grant, performance share settlement, and tax-withholding disposition, Ellingsen directly owns 50,709.78 shares of Republic Services common stock. This figure reflects her updated direct ownership after all Form 4 transactions dated 02/19/2026 are taken into account.

What stock price was used to calculate Catharine Ellingsen’s RSG equity awards and tax withholding?

Both the performance share settlement and the related tax-withholding disposition used Republic Services’ closing stock price of $221.63 on 02/19/2026. This price determined the number of shares delivered and the shares surrendered to cover the associated tax obligations.