Republic Services (RSG) director gets additional RSUs from dividend accrual
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Craig Ian M. reported acquisition or exercise transactions in this Form 4 filing.
REPUBLIC SERVICES, INC. director Ian M. Craig reported a routine compensation-related transaction. He received a grant of 2.72 Restricted Stock Units (RSUs) on April 15, 2026, which accrued as dividend equivalents on his existing RSU awards.
Each RSU represents a 1-for-1 right to receive one share of common stock. Following this accrual, Craig now holds a total of 921.72 RSUs directly. This filing reflects an automatic award rather than any open-market purchase or sale of Republic Services common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Craig Ian M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2.72 | $210.87 | $573.57 |
Holdings After Transaction:
Restricted Stock Units — 921.72 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: 2.72 RSUs
Reference price per share: $210.87 per RSU
Total RSUs after transaction: 921.72 RSUs
+1 more
4 metrics
RSUs granted
2.72 RSUs
Dividend-equivalent RSU accrual on April 15, 2026
Reference price per share
$210.87 per RSU
Price reported for the RSU award
Total RSUs after transaction
921.72 RSUs
Director’s direct RSU holdings following the grant
Conversion ratio
1 to 1
Each RSU converts into one share of common stock
Key Terms
Restricted Stock Units, RSUs, dividends on outstanding RSU awards, 1 on 1 conversion
4 terms
Restricted Stock Units financial
"Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards"
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.
dividends on outstanding RSU awards financial
"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 RSG director Ian M. Craig report?
Director Ian M. Craig reported receiving 2.72 Restricted Stock Units. These RSUs were accrued as dividend equivalents on his existing RSU awards, increasing his total direct RSU holdings to 921.72 units linked to Republic Services common stock.
Was the RSG Form 4 transaction an open-market buy or sell?
The Form 4 reports an RSU grant, not an open-market trade. Craig received 2.72 Restricted Stock Units as an automatic, compensation-related accrual of dividends on existing RSUs, with no shares bought or sold in the open market.
How many Restricted Stock Units does Ian M. Craig hold after this RSG filing?
After the reported transaction, Ian M. Craig holds 921.72 Restricted Stock Units. This total reflects his prior RSU balance plus 2.72 additional units accrued as dividend equivalents tied to Republic Services common stock awards.
Why did Ian M. Craig receive 2.72 additional RSUs from Republic Services (RSG)?
He received 2.72 additional RSUs because dividends on his outstanding RSU awards are credited as extra RSUs. These dividend-equivalent RSUs will vest and settle only if and when the related underlying RSUs vest and are settled.