STOCK TITAN

Republic Services (RSG) CMO reports RSU vesting and tax-share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Republic Services EVP and Chief Marketing Officer Jennifer Lynn Bell reported routine equity compensation activity involving restricted stock units and related tax withholding. On May 1, 2026, 202.25 Restricted Stock Units, including accrued dividend equivalents, vested and were paid out in Republic Services common stock at a fair market value of $206.56 per share. To cover associated tax liabilities, a total of 195.58 shares of common stock were withheld and exchanged at the same $206.56 closing price. Following these transactions, Bell directly holds 652.25 shares of Republic Services common stock.

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Insider Bell Jennifer Lynn
Role EVP, Chief Marketing Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 202.25 $0.00 --
Exercise Restricted Stock Units 202.25 $0.00 --
Exercise Common Stock 202.25 $0.00 --
Tax Withholding Common Stock 97.79 $206.56 $20K
Exercise Common Stock 202.25 $0.00 --
Tax Withholding Common Stock 97.79 $206.56 $20K
Holdings After Transaction: Restricted Stock Units — 608.73 shares (Direct, null); Common Stock — 652.25 shares (Direct, null)
Footnotes (1)
  1. The Restricted Stock Units ("RSUs") granted on 05/01/2025 vest 25% on each of the first four anniversaries of the date of grant. 202.25 RSUs, that included accrued dividend equivalents, automatically vested on 05/01/2026 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 05/01/2026. The fair market value of the exchanged shares was $206.56 (the closing price of Republic Services, Inc.'s common stock on 05/01/2026). Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
RSUs vested 202.25 units Restricted Stock Units vested on May 1, 2026
Shares withheld for taxes 195.58 shares Total shares exchanged to satisfy tax liability
Tax withholding price $206.56 per share Closing price of common stock on May 1, 2026
Shares withheld per transaction 97.79 shares Each of two tax-withholding dispositions
Direct holdings after transactions 652.25 shares Common stock held directly after latest reported transaction
Restricted Stock Units financial
"The Restricted Stock Units ("RSUs") granted on 05/01/2025 vest 25% on each of the first four anniversaries"
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.
accrued dividend equivalents financial
"202.25 RSUs, that included accrued dividend equivalents, automatically vested on 05/01/2026"
tax liability financial
"Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting"
fair market value financial
"The fair market value of the exchanged shares was $206.56"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
closing price financial
"the closing price of Republic Services, Inc.'s common stock on 05/01/2026"
contingent right financial
"Each Restricted Stock Unit represents the contingent right to one share of common stock"
SEC Form 4
FORM 4UNITED 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*
Bell Jennifer Lynn

(Last)(First)(Middle)
C/O REPUBLIC SERVICES, INC.
5353 E. CITY NORTH DRIVE

(Street)
PHOENIX ARIZONA 85054

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Marketing Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/01/2026M202.25(1)A$0652.25D
Common Stock05/01/2026F97.79(2)D$206.56554.46D
Common Stock05/01/2026M202.25(1)A$0756.71D
Common Stock05/01/2026F97.79(2)D$206.56658.92D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)05/01/2026M202.25 (1) (1)Common Stock202.25$0608.73D
Restricted Stock Units(3)05/01/2026M202.25 (1) (1)Common Stock202.25$0608.73D
Explanation of Responses:
1. The Restricted Stock Units ("RSUs") granted on 05/01/2025 vest 25% on each of the first four anniversaries of the date of grant. 202.25 RSUs, that included accrued dividend equivalents, automatically vested on 05/01/2026 and were paid out in the form of Republic Services, Inc.'s common stock.
2. 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 05/01/2026. The fair market value of the exchanged shares was $206.56 (the closing price of Republic Services, Inc.'s common stock on 05/01/2026).
3. Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
Remarks:
/s/ Lauren McKeon, Attorney-in-Fact05/04/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Republic Services (RSG) executive Jennifer Lynn Bell report in this Form 4?

Jennifer Lynn Bell reported vesting of restricted stock units and related tax withholding. 202.25 RSUs vested into Republic Services common stock, and shares were withheld to cover taxes, resulting in a routine update to her direct share ownership.

How many Republic Services (RSG) restricted stock units vested for Jennifer Lynn Bell?

A total of 202.25 Restricted Stock Units vested for Jennifer Lynn Bell. These RSUs, including accrued dividend equivalents, automatically converted into Republic Services common stock on May 1, 2026, as part of a scheduled equity compensation vesting event.

How many Republic Services (RSG) shares were withheld for taxes in this filing?

A total of 195.58 shares of Republic Services common stock were withheld to satisfy Jennifer Lynn Bell’s tax liability. This withholding came from two transactions of 97.79 shares each, exchanged at a fair market value of $206.56 per share.

What price was used to value Republic Services (RSG) shares for tax withholding?

The fair market value used for tax withholding was $206.56 per share. This price reflects the closing price of Republic Services common stock on May 1, 2026, the date the restricted stock units vested and were settled in shares.

How many Republic Services (RSG) shares does Jennifer Lynn Bell hold after these transactions?

After the reported vesting and tax withholding transactions, Jennifer Lynn Bell directly holds 652.25 shares of Republic Services common stock. This figure reflects her direct ownership position following the May 1, 2026 equity compensation events.

Are Jennifer Lynn Bell’s Republic Services (RSG) transactions open-market buys or sales?

The transactions are not open-market buys or sales. They reflect routine equity compensation: RSUs converting into common stock and shares withheld to cover tax obligations, rather than discretionary purchases or sales in the open market.