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Republic Services (NYSE: RSG) EVP reports RSU vesting and tax withholding

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

Rhea-AI Filing Summary

Republic Services EVP and Chief Legal Officer Catharine D. Ellingsen reported RSU vesting and related tax withholding. On February 17, 2026, 1,567 Restricted Stock Units, including dividend equivalents, vested and were converted into 1,567 shares of common stock at no cost.

To cover associated taxes, 664 common shares were withheld at a fair market value of $221.19 per share. After these transactions, she directly held 47,899 shares of common stock and 1,574 Restricted Stock Units, each RSU representing the right to one share of common stock.

Positive

  • None.

Negative

  • None.
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*
Ellingsen Catharine D

(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)
EVP/Chief Legal Officer/Sec
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
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 02/17/2026 M 1,567(1) A $0 48,563 D
Common Stock 02/17/2026 F 664(2) D $221.19 47,899 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
Restricted Stock Units (3) 02/17/2026 M 1,567 (1) (1) Common Stock 1,567 $0 1,574 D
Explanation of Responses:
1. The Restricted Stock Units ("RSUs") granted on 02/17/2023 vest 25% on each of the first four anniversaries of the date of grant. 1,567 RSUs, that included accrued dividend equivalents, automatically vested on 02/17/2026 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 02/17/2026. The fair market value of the exchanged shares was $221.19 (the closing price of Republic Services, Inc.'s common stock on 02/17/2026).
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-Fact 02/19/2026
** 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 RSG executive Catharine Ellingsen report on February 17, 2026?

Catharine Ellingsen reported RSU vesting and related share withholding on February 17, 2026. 1,567 Restricted Stock Units vested into common shares, and 664 shares were withheld to satisfy tax obligations tied to that vesting event.

How many Republic Services (RSG) RSUs vested for Catharine Ellingsen in this Form 4?

1,567 Restricted Stock Units vested for Catharine Ellingsen in this filing. These RSUs, including accrued dividend equivalents, were paid out in Republic Services common stock upon vesting on February 17, 2026.

What was the purpose of the 664 Republic Services shares disposed of by Catharine Ellingsen?

The 664 shares were disposed of solely to cover tax liabilities from RSU vesting. The shares were exchanged at a fair market value of $221.19, equal to Republic Services’ closing stock price on February 17, 2026.

What type of transactions are indicated by codes M and F in this Republic Services Form 4?

Code M reflects an exercise or conversion of derivative securities, here RSUs converting into common stock. Code F indicates shares delivered to pay the exercise price or tax liability, in this case shares withheld to satisfy Ellingsen’s RSU-related tax obligation.

How many Republic Services common shares does Catharine Ellingsen hold after these transactions?

Following the reported transactions, Catharine Ellingsen directly holds 47,899 shares of Republic Services common stock. She also beneficially owns 1,574 Restricted Stock Units, each representing a contingent right to receive one additional share.

What are the vesting terms of Catharine Ellingsen’s February 17, 2023 Republic Services RSU grant?

The RSU grant from February 17, 2023 vests in four equal annual installments. Twenty-five percent vests on each of the first four anniversaries of the grant date, with vested units paid out in Republic Services common stock.
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