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Republic Services (NYSE: RSG) CMO gets RSU dividend accrual

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

Rhea-AI Filing Summary

Republic Services EVP and Chief Marketing Officer Jennifer Lynn Bell reported a routine equity compensation update. She acquired 7.85 Restricted Stock Units (RSUs) on April 15, 2026, representing additional RSUs accrued as dividends on outstanding RSU awards. Each RSU converts into one share of common stock, and her RSU holdings total 2,654.01 units after this grant, with a portion held under the company’s Deferred Compensation Plan.

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Insider Bell Jennifer Lynn
Role EVP, Chief Marketing Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 7.85 $210.87 $2K
Holdings After Transaction: Restricted Stock Units — 2,654.01 shares (Direct)
Footnotes (1)
  1. Based on a 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.
RSUs acquired 7.85 RSUs Grant/award acquisition on April 15, 2026 as dividend equivalents
Transaction price per share $210.87 per RSU Price per underlying common share referenced for the RSU grant
Total RSUs after transaction 2,654.01 RSUs Restricted Stock Units held following the April 15, 2026 grant
Conversion ratio 1 RSU : 1 share Based on a one-for-one conversion into Republic Services common stock
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
"Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards"
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.
conversion financial
"Based on a 1 on 1 conversion."
Conversion is the exchange of one type of financial instrument for another, most commonly turning convertible bonds or preferred shares into common stock. It matters to investors because conversion changes the number of outstanding shares and ownership stakes—like trading a coupon for a slice of a company—potentially reducing each existing owner's portion, affecting per-share earnings, voting power and the market value of the stock.
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*
Bell Jennifer Lynn

(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)
EVP, Chief Marketing Officer
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)04/15/2026A7.85 (2) (2)Common Stock7.85$210.872,654.01(3)D
Explanation of Responses:
1. Based on a 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-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)

FAQ

What did Jennifer Lynn Bell report in the latest Form 4 for RSG?

Jennifer Lynn Bell reported receiving 7.85 Restricted Stock Units for Republic Services. These RSUs were accrued as dividends on existing RSU awards and increase her total RSU holdings to 2,654.01 units, all convertible into common stock on a one-for-one basis when they vest.

How many Restricted Stock Units does RSG executive Jennifer Lynn Bell now hold?

After the latest grant, Jennifer Lynn Bell holds 2,654.01 Restricted Stock Units tied to Republic Services common stock. This total includes 7.85 newly accrued RSUs credited as dividend equivalents and a portion of the overall RSUs held within the company’s Deferred Compensation Plan structure.

What is the nature of the 7.85 RSUs reported for Republic Services (RSG)?

The 7.85 RSUs are additional awards accrued as dividends on Jennifer Lynn Bell’s outstanding RSU grants. They are reported as a grant or award acquisition and will vest and settle only to the extent the underlying RSUs vest and are settled into common stock.

How do Jennifer Lynn Bell’s RSUs convert into Republic Services common stock?

Her Restricted Stock Units convert into Republic Services common shares on a one-to-one basis. Upon vesting and settlement, each RSU delivers one share of common stock, including the 7.85 RSUs accrued as dividend equivalents, subject to the same vesting and settlement conditions as the underlying awards.

Are any of Jennifer Lynn Bell’s RSUs for RSG held in a special plan?

Yes, a portion of Jennifer Lynn Bell’s Restricted Stock Units is held under Republic Services’ Deferred Compensation Plan. These RSUs still represent equity-based compensation and follow plan terms for vesting and settlement into common stock on a one-for-one conversion basis when those conditions are satisfied.