RSG.NYSERepublic Services, INC
Form 4: Republic Services CAO Brian Goebel Reports Stock Transactions
Sentiment:
SEC Form 4 Filing
Brian Goebel, CAO of Republic Services, reports the vesting and tax withholding of restricted stock units.
Summary
- On February 23, 2024, Brian Goebel, CAO of Republic Services, had 25% of his restricted stock units (RSUs) granted on February 23, 2021, vest.
- The company withheld 15 shares of common stock to satisfy tax liabilities related to the vesting of these RSUs.
- The fair market value of the withheld shares was $184.98 per share, based on the closing price of Republic Services, Inc.'s common stock on February 23, 2024.
- Following the transaction, Goebel directly owns 15 shares of common stock and 563 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the vesting of previously granted equity.
Key Dates
| Date | Description |
|---|---|
| 02/23/2021 | Date of original grant of Restricted Stock Units |
| 02/23/2024 | Date of RSU vesting and tax withholding |
| 02/27/2024 | Date of Form 4 signature |
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