Republic Services (RSG) director receives dividend-linked RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Duffy Michael A reported acquisition or exercise transactions in this Form 4 filing.
REPUBLIC SERVICES, INC. director Michael A. Duffy received a grant of 29.45 Restricted Stock Units on Common Stock at an indicated value of $210.87 per share. These RSUs accrued as dividends on outstanding RSU awards and some are held under the company’s Deferred Compensation Plan, bringing his direct RSU holdings to 10,012.1 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Duffy Michael A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 29.45 | $210.87 | $6K |
Holdings After Transaction:
Restricted Stock Units — 10,012.1 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. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
Key Figures
RSUs granted: 29.45 Restricted Stock Units
Indicated RSU price: $210.87 per share
Total RSUs after grant: 10,012.1 units
+1 more
4 metrics
RSUs granted
29.45 Restricted Stock Units
Grant/award acquisition on common stock
Indicated RSU price
$210.87 per share
Value associated with RSU grant
Total RSUs after grant
10,012.1 units
Direct RSU holdings following transaction
Conversion ratio
1 to 1
RSUs based on 1 on 1 conversion to common stock
Key Terms
Restricted Stock Units, Deferred Compensation Plan, accrued as dividends
3 terms
Restricted Stock Units financial
"The 29.45 Restricted Stock Units 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.
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.
accrued as dividends financial
"Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards"
FAQ
What insider transaction did RSG director Michael A. Duffy report?
Michael A. Duffy reported receiving 29.45 Restricted Stock Units in Republic Services stock. The Form 4 describes this as a grant or award acquisition tied to existing RSU holdings rather than an open-market purchase or sale, reflecting routine equity-based compensation activity.
How many Republic Services (RSG) RSUs does Michael A. Duffy hold after this Form 4?
After the reported transaction, Michael A. Duffy directly holds 10,012.1 Restricted Stock Units linked to Republic Services common stock. This figure includes the additional 29.45 RSUs granted and reflects his total direct RSU position as shown in the filing’s post-transaction ownership column.
What is the nature of the RSU grant reported by Michael A. Duffy at RSG?
The RSU grant is classified as a grant, award, or other acquisition. Footnotes explain the 29.45 additional Restricted Stock Units accrued as dividends on existing RSU awards and will vest and settle only to the extent the corresponding RSUs vest and settle.
Are any of Michael A. Duffy’s Republic Services RSUs held in a deferred compensation plan?
Yes. A footnote states that a portion of Michael A. Duffy’s Restricted Stock Units is held under Republic Services’ Deferred Compensation Plan. This means part of his equity-based compensation is deferred, following the terms and distribution rules of that company plan.