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Republic Services (NYSE: RSG) director gets 71.47 RSUs as dividend equivalent

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Republic Services director Thomas W. Handley received a grant of 71.47 Restricted Stock Units on 2026-07-15, representing dividend-equivalent RSUs that convert 1-for-1 into common stock when vested. Following this award, he now holds 24,922.56 RSUs, with a portion held under the company’s Deferred Compensation Plan.

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Insider HANDLEY THOMAS W
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2, F3 71.47 $217.34 $16K
Holdings After Transaction: Restricted Stock Units — 24,922.56 shares (Direct)
Footnotes (3)
  1. F1. Based on 1 on 1 conversion.
  2. F2. 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.
  3. F3. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
RSUs granted 71.4700 units Restricted Stock Units granted on 2026-07-15
Grant price $217.3400 per unit Reported transaction price per RSU
RSUs held after grant 24,922.5600 units Total Restricted Stock Units following transaction
Conversion ratio 1 on 1 RSUs convert into common stock on a 1-for-1 basis
Restricted Stock Units financial
"Represents additional Restricted Stock Units (RSUs) accrued as dividends"
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.
Deferred Compensation Plan financial
"A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
dividends on outstanding RSU awards financial
"RSUs accrued as dividends on outstanding RSU awards that will vest"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Republic Services (RSG) report in this Form 4?

Republic Services reported that director Thomas W. Handley received 71.47 Restricted Stock Units (RSUs) on 2026-07-15. These RSUs are dividend-equivalent units that convert 1-for-1 into common stock upon vesting and settlement, increasing his deferred equity-based compensation position.

How many RSUs does Thomas W. Handley now hold at Republic Services (RSG)?

After the reported grant, Thomas W. Handley holds 24,922.56 RSUs at Republic Services. This figure reflects his total Restricted Stock Units following the 71.47-unit dividend-equivalent award and includes RSUs held under the company’s Deferred Compensation Plan.

What does the 71.47 RSU award at Republic Services (RSG) represent?

The 71.47 RSUs represent additional units accrued as dividends on outstanding RSU awards. They will vest and settle only to the extent the underlying RSUs vest and settle, maintaining the same timing and conditions as the original RSU grants.

Is the new RSU position for Thomas W. Handley at RSG an open-market stock purchase?

No. The 71.47 units are a grant of Restricted Stock Units accrued as dividend equivalents, not an open-market purchase of Republic Services shares. They are part of his equity compensation and convert into common stock upon vesting and settlement.

How are Thomas W. Handley’s RSUs structured at Republic Services (RSG)?

Handley’s RSUs convert into common stock on a 1-on-1 basis when vested. A portion of these units is held under the company’s Deferred Compensation Plan, meaning settlement timing can be linked to deferral and plan distribution elections rather than immediate share delivery.

What was the reported price for the 71.47 RSUs granted at Republic Services (RSG)?

The 71.47 RSUs were reported at a transaction price of $217.34 per unit. This price is used for reporting purposes on the Form 4 and reflects the per-unit value attributed to the dividend-equivalent RSU accrual on the grant date.
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*
HANDLEY THOMAS W

(Last)(First)(Middle)
10211 NE 60TH STREET

(Street)
KIRKLAND WASHINGTON 98033

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
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
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(1)07/15/2026A71.47 (2) (2)Common Stock71.47$217.3424,922.56(3)D
Explanation of Responses:
1. Based on 1 on 1 conversion.
2. 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.
3. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
Remarks:
/s/ Lauren McKeon, Attorney-in-Fact07/17/2026
** 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)