Republic Services (RSG) EVP logs RSU conversion and share withholding for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Republic Services EVP Brian A. Bales reported equity award activity tied to previously deferred restricted stock units. On 02/18/2026, 9.56 restricted stock units were converted into 9.56 shares of common stock as part of a grant that vested 25% on that date. The company then withheld 9.56 shares of common stock, valued at $216.84 per share, to satisfy his tax liability under its Deferred Compensation Plan, leaving 309.24 restricted stock units (including accrued dividend equivalents) still deferred.
Positive
- None.
Negative
- None.
Insider Trade Summary
9.56 shares exercised/converted
Mixed
3 txns
Insider
Bales Brian A
Role
EVP, Chief Development Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9.56 | $0.00 | -- |
| Exercise | Common Stock | 9.56 | $0.00 | -- |
| Tax Withholding | Common Stock | 9.56 | $216.84 | $2K |
Holdings After Transaction:
Restricted Stock Units — 1,229.43 shares (Direct);
Common Stock — 9.56 shares (Direct)
Footnotes (1)
- The Reporting Person previously elected to defer the Restricted Stock Units ("RSUs") granted on 02/18/2025 in accordance with the Company's Deferred Compensation Plan (the "Plan"). On 02/18/2026, 25% of the grant vested and 309.24 RSUs (including accrued dividend equivalents) remain deferred. As permitted under the Plan, the Company withheld 9.56 shares of Republic Services, Inc. common stock to satisfy tax liability of the Reporting Person. The fair market value of the exchanged shares was $216.84 (the closing price of Republic Services, Inc.'s common stock on 02/18/2026). Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
FAQ
What did Republic Services (RSG) EVP Brian Bales report on this Form 4?
Brian Bales reported conversion of 9.56 restricted stock units into 9.56 Republic Services common shares, followed by company withholding of the same 9.56 shares to cover tax liability under the Deferred Compensation Plan related to his 02/18/2025 grant.
Were Brian Bales’s Republic Services (RSG) transactions open-market buys or sales?
The reported transactions were not open-market trades. They reflect an exercise or conversion of restricted stock units into common shares and a tax-withholding disposition, where the company withheld shares to satisfy tax obligations, rather than a discretionary market purchase or sale.
How many Republic Services (RSG) RSUs remain deferred for Brian Bales?
After the 02/18/2026 vesting event, 309.24 restricted stock units remain deferred for Brian Bales under Republic Services’ Deferred Compensation Plan. This total includes accrued dividend equivalents and relates to RSUs originally granted on 02/18/2025.
What does each Republic Services (RSG) restricted stock unit represent for Brian Bales?
Each restricted stock unit represents the contingent right to receive one share of Republic Services common stock. Upon vesting and settlement, these units convert into actual shares, subject to any applicable deferral elections and tax-withholding actions under the company’s compensation plans.
What portion of Brian Bales’s 02/18/2025 RSU grant vested in 2026 at Republic Services (RSG)?
On 02/18/2026, 25% of Brian Bales’s restricted stock unit grant from 02/18/2025 vested. As part of this vesting, 9.56 RSUs converted into common shares, while the remaining 309.24 RSUs (including dividend equivalents) stayed deferred under the company’s plan.