Republic Services (NYSE: RSG) director receives 118 dividend RSUs

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Kadre Manuel reported acquisition or exercise transactions in this Form 4 filing.

Republic Services director Manuel Kadre reported a routine equity compensation event involving Restricted Stock Units (RSUs). On April 15, 2026, he was granted 118.45 RSUs, each representing a 1-for-1 right to receive a share of Republic Services common stock.

These RSUs were accrued as dividends on his existing RSU awards and will vest and settle only if the underlying RSUs vest and settle. After this grant, Kadre holds a total of 40,149.1 RSUs, a portion of which is held under the company’s Deferred Compensation Plan.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kadre Manuel

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	118.45	$210.87	$25K

Holdings After Transaction: Restricted Stock Units — 40,149.1 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. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.

Key Figures

New RSU grant: 118.45 RSUs Reference price per RSU: $210.87 per share Total RSUs after transaction: 40,149.1 RSUs +1 more

4 metrics

New RSU grant 118.45 RSUs Grant/award acquisition on April 15, 2026

Reference price per RSU $210.87 per share Value field associated with the 118.45 RSUs

Total RSUs after transaction 40,149.1 RSUs Holdings following the April 15, 2026 RSU grant

Conversion ratio 1 RSU : 1 share Each RSU converts into one share of common stock

Key Terms

Restricted Stock Units, dividends on outstanding RSU awards, Deferred Compensation Plan

3 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.

dividends on outstanding RSU awards financial

"RSUs accrued as dividends on outstanding RSU awards that will vest and be settled"

Deferred Compensation Plan financial

"A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan"

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 08:02 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Kadre Manuel

(Last)

(First)

(Middle)

5345 HAMMOCK DRIVE

(Street)

CORAL GABLES

FLORIDA

33156

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
REPUBLIC SERVICES, INC. [ RSG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/15/2026		A		118.45		⁽²⁾	⁽²⁾	Common Stock	118.45	$210.87	40,149.1	D⁽³⁾

Explanation of Responses:

1. Based on 1 on 1 conversion.

2. 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.

3. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	04/17/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Republic Services (RSG) director Manuel Kadre report?

Manuel Kadre reported receiving an equity award of 118.45 Restricted Stock Units. These RSUs were credited as dividend equivalents on his existing RSU awards and increase his deferred equity-based compensation without involving an open-market stock purchase or sale.

How many Restricted Stock Units does Manuel Kadre hold after this Form 4 for RSG?

After the transaction, Manuel Kadre holds 40,149.1 Restricted Stock Units. This figure reflects his total RSU-based interest in Republic Services stock, including amounts held directly and a portion maintained under the company’s Deferred Compensation Plan for long-term compensation.

What is the size of the new RSU grant reported for Republic Services (RSG)?

The filing shows a grant of 118.45 Restricted Stock Units to Manuel Kadre. These RSUs are tied to a reference price of $210.87 per share and represent dividend-equivalent accruals on his already outstanding RSU awards, not a cash purchase.

Are the new Republic Services RSUs immediately vested for director Manuel Kadre?

No, the additional 118.45 RSUs vest only if the related underlying RSU awards vest and settle. They were accrued as dividends on outstanding RSUs, so their settlement is contingent on the original RSUs reaching their own vesting and settlement conditions.

Does the Form 4 for Republic Services (RSG) involve an open-market stock sale or purchase?

The Form 4 reflects a grant or award acquisition of RSUs, not an open-market trade. It records 118.45 additional RSUs credited as dividend equivalents, classed as a derivative equity compensation transaction rather than a buy or sell in the public market.