Republic Services (RSG) director receives additional RSU dividend units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REPUBLIC SERVICES, INC. director Michael Larson received an additional grant of restricted stock units as part of his equity compensation. On this award date, he acquired 118.71 restricted stock units, each convertible into one share of common stock based on a 1‑for‑1 conversion ratio.
The filing notes these units represent RSUs accrued as dividends on his outstanding RSU awards and will vest and settle only to the extent the underlying RSUs vest and settle. Following this accrual, Larson holds 40,050.18 shares/units in total, reflecting a modest, non‑cash increase in his equity stake with no open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LARSON MICHAEL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 118.71 | $210.87 | $25K |
Holdings After Transaction:
Restricted Stock Units — 40,050.18 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 acquired: 118.71 units
RSU reference price: $210.87 per unit
Total holdings after transaction: 40,050.18 shares/units
+1 more
4 metrics
RSUs acquired
118.71 units
Restricted Stock Units accrued as dividends
RSU reference price
$210.87 per unit
Price per RSU shown in Form 4 table
Total holdings after transaction
40,050.18 shares/units
Shares and RSUs following the RSU accrual
Conversion ratio
1 to 1
Each RSU converts into one share of common stock
Key Terms
Restricted Stock Units, Grant, award, or other acquisition, accrued as dividends
3 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units"; underlying_security_title: "Common Stock""
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
accrued as dividends financial
"RSUs accrued as dividends on outstanding RSU awards that will vest and be settled"