Form 4: Republic Services CAO, Elyse Carlsen, Reports Stock Vesting and Tax Liability Transactions
SEC Form 4
Elyse Carlsen, CAO of Republic Services, reports the vesting of restricted stock units and related transactions to cover tax obligations.
Summary
- On March 1, 2025, Elyse Carlsen, CAO of Republic Services, had 82 and 137 Restricted Stock Units (RSUs) vest, which were granted on March 1, 2024.
- These RSUs, including accrued dividend equivalents, were paid out in the form of Republic Services common stock.
- Carlsen also disposed of 22 and 37 shares of common stock to satisfy tax liabilities upon the vesting of the RSUs.
- The fair market value of the exchanged shares was $237.02 on February 28, 2025.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock-based awards, common in publicly traded companies.
Stakeholder Impact
- The vesting of RSUs and subsequent tax-related transactions have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of grant for the Restricted Stock Units (RSUs). |
| 02/28/2025 | Closing price of Republic Services common stock was $237.02. |
| 03/01/2025 | Date of RSU vesting and related transactions. |
| 03/04/2025 | Date of Form 4 filing. |
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