Republic Services (RSG) director Volpe settles 1,858 RSUs and shifts shares to family trust

Rhea-AI Filing Summary

Republic Services director Sandra M. Volpe reported equity transactions involving restricted stock units and common shares. On 01/31/2026, 1,858 Restricted Stock Units granted on 01/03/2023 under the 2021 Stock Incentive Plan, including dividend equivalents, were settled into 1,858 shares of common stock on a 1-for-1 basis at a price of $0 per share.

Following this settlement, she held 2,037 common shares directly before making gifts. That same day, she reported a gift of 1,858 common shares, reducing her direct holdings to 179 shares, and a corresponding 1,858-share position reported as indirectly owned through a family trust for which she serves as trustee and whose beneficiaries are her children.

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^*

Volpe Sandra M

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/31/2026

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	01/31/2026		M		1,858(1)	A	$0	2,037	D
Common Stock	01/31/2026		G		1,858(2)	D	$0	179	D
Common Stock	01/31/2026		G		1,858(2)	A	$0	1,858	I	Trust(2)

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)	01/31/2026		M			1,858	(1)	(1)	Common Stock	1,858	$0	0	D

Explanation of Responses:

1. On 01/03/2023 ("Date of Grant"), the non-management Director was granted an award of 1,788 Restricted Stock Units ("RSUs") in accordance with the Company's 2021 Stock Incentive Plan, as amended. The RSUs were immediately vested on the Date of Grant; however, the Director could not convert any of the RSUs to Company common stock (based on a 1 on 1 conversion) until the earlier of the last day of the month in which the three-year anniversary of the date of the award occurs or the date on which the Director incurs a separation from service within the meaning of Section 409A of the Internal Revenue Code. The settlement of 1,858 RSUs, that included dividend equivalents, to Company common stock was effective on 01/31/2026.

2. The 1,858 RSUs the settled to Republic Services, Inc. common stock on 01/31/2026 were transferred to the Reporting Person's family trust of which the Reporting Person is the trustee and the beneficiaries are the Reporting Person's children.

3. Based on 1 on 1 conversion.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	02/03/2026
	** 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.

FAQ

What insider transactions did Sandra M. Volpe report at Republic Services (RSG)?

Sandra M. Volpe reported settlement of 1,858 Restricted Stock Units into common stock and related gifts on 01/31/2026. The RSUs converted 1-for-1 into Republic Services common shares at $0 per share under the company’s 2021 Stock Incentive Plan.

When were Sandra M. Volpe’s Restricted Stock Units at Republic Services originally granted?

The non-management director’s 1,788 Restricted Stock Units were granted on 01/03/2023 under the 2021 Stock Incentive Plan. They vested immediately on the grant date but could not be converted to common stock until specific timing and separation-from-service conditions were satisfied.

How many Republic Services shares did Sandra M. Volpe receive when her RSUs settled?

On 01/31/2026, 1,858 Restricted Stock Units, including dividend equivalents, settled into 1,858 shares of Republic Services common stock. The conversion was on a 1-on-1 basis at a reported price of $0 per share in the Form 4 filing.

What gifts of Republic Services stock did Sandra M. Volpe report?

On 01/31/2026, she reported a gift transaction of 1,858 common shares, coded “G” on Form 4. After these transactions, 179 shares were shown as directly owned and 1,858 shares as indirectly owned through a family trust associated with her.

What is the role of the family trust in Sandra M. Volpe’s Republic Services holdings?

The filing notes that 1,858 shares resulting from RSU settlement were transferred to a family trust. Sandra M. Volpe is trustee of this trust, and the beneficiaries are her children, so those 1,858 shares are reported as indirectly owned on the Form 4.

What plan governed Sandra M. Volpe’s RSU award at Republic Services (RSG)?

The 1,788 Restricted Stock Units granted on 01/03/2023 were issued under Republic Services’ 2021 Stock Incentive Plan, as amended. The award vested immediately, with settlement into common stock deferred until specified timing or separation-from-service conditions were met.