Republic Services (NYSE: RSG) SVP logs PSU conversion, new RSU awards

Rhea-AI Filing Summary

Republic Services SVP Operations Julia Arambula reported multiple equity award transactions. On 12/22/2025, 390 Performance Shares (PSUs), including dividend equivalents, were converted on a 1-for-1 basis into 390 shares of Republic Services common stock at an exercise price of $0, increasing her directly held common stock to 10,425 shares.

Also on 12/22/2025, 94 shares of common stock were withheld and disposed of at a fair market value of $212.92 per share to satisfy tax liabilities related to the PSU settlement, leaving 10,331 common shares held directly.

On 01/15/2026, she acquired 19.14 Restricted Stock Units and 10 additional PSUs at a reference price of $210.79 per share, representing dividend equivalents on existing awards. Following these transactions, she directly holds 6,552.02 RSUs and 3,545 PSUs, some of which are held under the company’s Deferred Compensation Plan.

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

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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^*

Arambula Julia

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/22/2025

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	12/22/2025		M		390(1)	A	$0	10,425	D
Common Stock	12/22/2025		F		94(2)	D	$212.92	10,331	D

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
Performance Shares (PSUs)	(3)	12/22/2025		M			390	(1)	(1)	Common Stock	390	$0	3,535	D
Restricted Stock Units	(3)	01/15/2026		A		19.14		(4)	(4)	Common Stock	19.14	$210.79	6,552.02(5)(6)	D
Performance Shares (PSUs)	(3)	01/15/2026		A		10		(7)	(7)	Common Stock	10	$210.79	3,545	D

Explanation of Responses:

1. These performance shares (PSUs), which include 23 accrued dividend equivalents, were earned as of 02/14/2020 per the Republic Services, Inc. Amended and Restated 2007 Stock Incentive Plan. Such PSUs were deferred under the Republic Services, Inc. Deferred Compensation Plan (DCP) as elected by the Reporting Person. As a result of the DCP election, 390 PSUs were distributed out of the DCP and settled to shares of the Company's common stock effective 12/22/2025.

2. Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the settlement of the performance shares on 12/22/2025. The fair market value of the exchanged shares was $212.92 (the closing price of Republic Services, Inc.'s common stock on 12/22/2025).

3. Based on 1 on 1 conversion.

4. 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.

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

6. Total reflects a reduction by 1.45 RSUs due to recalculation of prior rounding.

7. Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	01/20/2026
	** 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).
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FAQ

What insider transactions did RSG executive Julia Arambula report?

Julia Arambula, SVP Operations of Republic Services (RSG), reported PSU conversions into common stock, share withholding for taxes, and new RSU and PSU awards related to dividend equivalents.

How many Republic Services shares did Julia Arambula receive from PSU conversion?

On 12/22/2025, she converted 390 Performance Shares (PSUs) into 390 shares of common stock at an exercise price of $0 per share.

Why were 94 shares of RSG common stock disposed of on 12/22/2025?

94 shares of Republic Services common stock were withheld and disposed of at $212.92 per share to satisfy the tax liability arising from the PSU settlement on 12/22/2025.

What equity awards did Julia Arambula receive on 01/15/2026?

On 01/15/2026, she acquired 19.14 Restricted Stock Units (RSUs) and 10 Performance Shares (PSUs), both tied to a reference price of $210.79 per share as dividend equivalents on existing awards.

How many Republic Services common shares does Julia Arambula hold after these transactions?

After the reported 12/22/2025 transactions, Julia Arambula directly holds 10,331 shares of Republic Services common stock.

What are Julia Arambula’s outstanding RSU and PSU balances after these Form 4 transactions?

Following the 01/15/2026 awards, she directly holds 6,552.02 RSUs and 3,545 PSUs, with a portion of the RSUs and PSUs held under the company’s Deferred Compensation Plan.