Form 4: Republic Services CAO Carlsen Elyse Reports Stock Transactions
SEC Form 4 Filing
Elyse Carlsen, CAO of Republic Services, reports the vesting and payout of restricted stock units and related tax liability satisfaction.
Summary
- On February 17, 2025, Elyse Carlsen, CAO of Republic Services, had 145 Restricted Stock Units (RSUs) vest, which were then paid out in the form of Republic Services, Inc.'s common stock.
- These RSUs were granted on February 17, 2023, and vest 25% on each of the first four anniversaries of the grant date.
- Additionally, 46 shares of common stock were disposed of to satisfy the tax liability associated with the vesting of the RSUs.
- The fair market value of the exchanged shares for tax purposes was $231.37, based on the closing stock price of Republic Services, Inc. on February 14, 2025.
- Following these transactions, Carlsen directly owns 409 shares of Republic Services common stock and 292 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider trading activity, which is a normal part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/17/2023 | Date of grant for the Restricted Stock Units (RSUs). |
| 02/14/2025 | Date used to determine the fair market value ($231.37) of Republic Services, Inc.'s common stock for tax purposes. |
| 02/17/2025 | Date of RSU vesting and stock transactions. |
| 02/18/2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.