Republic Services (NYSE: RSG) SVP reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REPUBLIC SERVICES, INC. senior vice president of operations Larson Richardson reported RSU vesting and related share withholding. On 03/01/2026, 295 Restricted Stock Units were exercised for 295 shares of common stock at a price of $0.00 per share, reflecting a derivative conversion from a 03/01/2024 grant.
To cover tax liabilities from this vesting, 127 shares of common stock were disposed of at a fair market value of $229.00 per share, based on the 02/27/2026 closing price. After these transactions, Richardson directly owned 3,515.26 shares of Republic Services common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
295 shares exercised/converted
Mixed
3 txns
Insider
Richardson Larson
Role
SVP Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 295 | $0.00 | -- |
| Exercise | Common Stock | 295 | $0.00 | -- |
| Tax Withholding | Common Stock | 127 | $229.00 | $29K |
Holdings After Transaction:
Restricted Stock Units — 590 shares (Direct);
Common Stock — 3,642.26 shares (Direct)
Footnotes (1)
- The Restricted Stock Units ("RSUs") granted on 03/01/2024 vest 25% on each of the first four anniversaries of the date of grant. 295 RSUs, that included accrued dividend equivalents, automatically vested on 03/01/2026 and were paid out in the form of Republic Services, Inc.'s common stock. Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of shares under a Restricted Stock Unit award on 03/01/2026. The fair market value of the exchanged shares was $229.00 (the closing price of Republic Services, Inc.'s common stock on 02/27/2026). Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
FAQ
What insider transactions did RSG executive Larson Richardson report?
Larson Richardson reported RSU vesting and related tax withholding. 295 Restricted Stock Units converted into 295 Republic Services common shares, and 127 shares were surrendered to satisfy tax liabilities tied to this vesting, leaving 3,515.26 shares owned directly afterward.
What are the terms of the RSUs that vested for the RSG insider?
The RSUs were granted on 03/01/2024 and vest 25% on each of the first four anniversaries. On 03/01/2026, 295 RSUs, including accrued dividend equivalents, vested and were settled in Republic Services common stock on a one-for-one basis.
How do Restricted Stock Units work in this Republic Services Form 4?
Each Restricted Stock Unit represents the right to receive one Republic Services common share. When 295 RSUs vested on 03/01/2026, they automatically converted into 295 shares, some of which were then withheld to pay the related tax obligation.