Republic Services (RSG) director receives additional RSUs as dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Republic Services director Brian S. Tyler received an additional grant of Restricted Stock Units. On April 15, 2026, he was awarded 10.710 Restricted Stock Units (RSUs) that convert 1-for-1 into common stock and were accrued as dividend equivalents on his outstanding RSU awards.
These RSUs will vest and settle only to the extent the underlying RSU awards vest and settle. Following this grant, Tyler directly holds a total of 3,704.180 RSUs, reflecting a routine, compensation-related increase rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TYLER BRIAN S.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10.71 | $210.87 | $2K |
Holdings After Transaction:
Restricted Stock Units — 3,704.18 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.
Key Figures
RSUs granted: 10.710 RSUs
Reference value per RSU: $210.8700 per unit
Total RSUs held after grant: 3,704.180 RSUs
+1 more
4 metrics
RSUs granted
10.710 RSUs
Grant of dividend-equivalent RSUs on April 15, 2026
Reference value per RSU
$210.8700 per unit
Reported transaction price per RSU for this grant
Total RSUs held after grant
3,704.180 RSUs
Director’s RSU balance following the April 15, 2026 award
Conversion ratio
1:1 RSU to common stock
Footnote states based on 1 on 1 conversion
Key Terms
Restricted Stock Units, accrued as dividends, vest and be settled, 1 on 1 conversion
4 terms
Restricted Stock Units financial
"Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards"
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 as dividends financial
"RSUs accrued as dividends on outstanding RSU awards that will vest and be settled"
vest and be settled financial
"will vest and be settled to the extent the RSU is vested and settles"
1 on 1 conversion financial
"Based on 1 on 1 conversion."
FAQ
What insider transaction did RSG director Brian S. Tyler report?
Brian S. Tyler reported receiving an additional grant of 10.710 Restricted Stock Units. These RSUs were accrued as dividends on his existing RSU awards and are a routine, compensation-related acquisition rather than an open-market stock purchase or sale.
How many Restricted Stock Units does Brian S. Tyler hold after this RSG filing?
After this transaction, Brian S. Tyler holds a total of 3,704.180 Restricted Stock Units. These RSUs convert 1-for-1 into Republic Services common stock and represent equity-based compensation, subject to the vesting conditions of the underlying awards.
What is the nature of the RSUs granted to the RSG director in this Form 4?
The Form 4 shows an acquisition of 10.710 Restricted Stock Units as dividend equivalents on existing RSU awards. They will vest and settle only if the related RSUs vest and settle, making this a standard compensation adjustment rather than a discretionary market transaction.
Was the RSG insider transaction a stock purchase or sale in the market?
No, the transaction was not a market purchase or sale. It was an automatic grant of 10.710 Restricted Stock Units accrued as dividends on existing RSUs, classified as a grant or award acquisition rather than an open-market trade in Republic Services shares.
How are the new RSG Restricted Stock Units valued in this insider filing?
The newly awarded 10.710 Restricted Stock Units are reported at a reference value of $210.8700 per RSU. This value appears in the Form 4 data but the units themselves are compensation-based equity, settling into common stock if their vesting conditions are met.