4/A: Republic Services CAO, Elyse Carlsen, Corrects RSU Award Details in Amended SEC Filing

Elyse Carlsen, CAO of Republic Services, files an amended SEC Form 4/A to correct the number of Restricted Stock Units (RSUs) awarded on February 18, 2025.

Summary

• Elyse Carlsen, Chief Accounting Officer (CAO) of Republic Services, Inc., filed an amended Form 4/A with the SEC.
• The amendment corrects the number of Restricted Stock Units (RSUs) awarded to Carlsen on February 18, 2025.
• The corrected filing shows an award of 351 RSUs, vesting 25% annually over four years from the grant date.
• Each RSU will be paid out as one share of Republic Services' common stock.
• The RSU award is subject to the Republic Services, Inc. Deferred Compensation Plan.
• The number of RSUs was calculated based on Republic's closing stock price of $228.55 on February 18, 2025.

Sentiment

Score: 7

Explanation: The document is a routine correction of an SEC filing, indicating standard corporate governance practices. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Future Outlook

The RSUs will vest 25% on each of the first four anniversaries of the grant date (02/18/2025), and each RSU will be paid out in the form of one share of Republic's common stock.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The correction of the RSU award ensures accurate reporting to shareholders and maintains transparency.

Key Dates