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  4. [Form 4] REPUBLIC SERVICES, INC. Insider Trading Activity

Republic Services (RSG) SVP adds RSU, PSU and stock units via awards

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

Rhea-AI Filing Summary

Republic Services SVP Operations Richardson Larson received compensation-related equity awards tied to existing holdings. On April 15, 2026, he acquired 20.99 Restricted Stock Units, 6 Performance Share Units, and 2 stock units, largely reflecting dividend equivalents under company plans.

After these awards, Larson holds 6,952.44 RSUs, 1,881 PSUs, and 556 stock units. Some RSUs and PSUs are deferred under the Company’s Deferred Compensation Plan, and the stock units track Republic Services common stock value but are settled in cash.

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Insider Richardson Larson
Role SVP Operations
Type Security Shares Price Value
Grant/Award Restricted Stock Units 20.99 $210.87 $4K
Grant/Award Performance Shares (PSUs) 6 $210.87 $1K
Grant/Award Stock Units 2 $210.87 $421.74
Holdings After Transaction: Restricted Stock Units — 6,952.44 shares (Direct); Performance Shares (PSUs) — 1,881 shares (Direct); Stock Units — 556 shares (Direct)
Footnotes (1)
  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. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan. 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. The Reporting Person holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund") pursuant to his election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.
Restricted Stock Units granted 20.99 units at $210.87 Award on April 15, 2026
RSUs held after transaction 6,952.44 units Balance after April 15, 2026 award
Performance Share Units granted 6 units at $210.87 Dividend-equivalent award on April 15, 2026
PSUs held after transaction 1,881 units Balance after April 15, 2026 award
Stock units granted 2 units at $210.87 Deferred Compensation Plan on April 15, 2026
Stock units held after transaction 556 units Republic Services Stock Investment Fund balance
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.
Performance Shares ("PSUs") financial
"Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan"
Deferred Compensation Plan financial
"were deferred 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.
dividend equivalents financial
"receive dividend equivalents, in the form of additional stock units, each time a dividend is paid"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Stock Investment Fund financial
"holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund")"
Form 4 Insider Transactions: What Each Field Means →
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*
Richardson Larson
(Last)(First)(Middle)
C/O REPUBLIC SERVICES, INC.
5353 E. CITY NORTH DRIVE
(Street)
PHOENIX ARIZONA 85054
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP Operations
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026		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)04/15/2026A20.99 (2) (2)Common Stock20.99$210.876,952.44(3)D
Performance Shares (PSUs)(1)04/15/2026A6 (4) (4)Common Stock6$210.871,881D
Stock Units(5)04/15/2026A2 (5) (5)Common Stock2$210.87556D
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.
4. 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.
5. The Reporting Person holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund") pursuant to his election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.
Remarks:
/s/ Lauren McKeon, Attorney-in-Fact04/17/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did RSG SVP Richardson Larson report?

Richardson Larson reported awards of additional equity-based units, not open-market trades. He received Restricted Stock Units, Performance Share Units, and stock units as part of compensation arrangements and dividend equivalents under Republic Services’ stock and deferred compensation plans.

How many Restricted Stock Units did RSG’s SVP Operations receive?

He received 20.99 additional Restricted Stock Units at a reference price of $210.87. These RSUs mainly reflect dividend-equivalent accruals on existing RSU awards and will vest and settle only to the extent the underlying RSUs ultimately vest and settle.

What are the Performance Shares (PSUs) reported in this RSG Form 4?

The filing shows 6 additional Performance Share Units at a reference price of $210.87. Footnotes explain these units are dividend equivalents on already earned PSUs, deferred under Republic Services’ 2021 Stock Incentive Plan and the Company’s Deferred Compensation Plan.

What are the stock units under Republic Services’ Deferred Compensation Plan?

Larson holds stock units in the Republic Services Stock Investment Fund under the Deferred Compensation Plan. Each unit tracks the value of one share of common stock, receives dividend equivalents as extra units, and is ultimately settled in cash instead of actual company shares.

Did the RSG SVP buy or sell common stock in the market?

The transactions are awards and dividend-equivalent accruals, not market trades. All three entries use Form 4 code “A” for grants or other acquisitions of derivative units, with no open-market purchases or sales of Republic Services common stock reported in this filing.

What are Richardson Larson’s holdings after these RSG awards?

After the reported awards, he holds 6,952.44 Restricted Stock Units, 1,881 Performance Share Units, and 556 stock units. These positions represent deferred or equity-based compensation that may vest or be settled in cash according to Republic Services’ plan terms.