Form 4: Republic Services CAO Elyse Carlsen Reports Stock Transactions

Elyse Carlsen, CAO of Republic Services, reports the vesting and payout of restricted stock units and shares withheld for tax obligations.

Summary

• On February 11, 2025, Elyse Carlsen, CAO of Republic Services, had 97 Restricted Stock Units (RSUs) vest, which were granted on February 11, 2022, and vest 25% annually.
• These RSUs, including accrued dividend equivalents, were paid out in the form of Republic Services, Inc.'s common stock.
• Additionally, 31 shares of common stock were withheld to satisfy the tax liability associated with the vesting of the RSUs.
• The fair market value of the shares withheld for taxes was $223.25 per share, based on the closing stock price of Republic Services, Inc. on February 11, 2025.
• Following these transactions, Carlsen directly owns 310 shares of Republic Services common stock and 100 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a routine filing reflecting standard executive compensation practices, with no indication of unusual or concerning activity.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The vesting of RSUs and subsequent tax withholding have a minor impact on the company's share dilution and cash flow.

Key Dates

Keywords

Republic Services, RSG, Form 4, Carlsen Elyse, Restricted Stock Units, Stock Vesting, Beneficial Ownership, CAO