Form 4: Republic Services CAO Reports RSU Vesting and Tax Withholding

Republic Services' Chief Accounting Officer, Elyse Carlsen, reported the vesting of Restricted Stock Units and subsequent share withholding for tax obligations.

Summary

• Elyse Carlsen, Chief Accounting Officer (CAO) of Republic Services, Inc. (RSG), reported transactions related to her equity holdings.
• On February 18, 2026, 25% of previously deferred Restricted Stock Units (RSUs) granted on February 18, 2025, vested.
• A total of 8.85 shares of Common Stock were acquired upon vesting of the RSUs.
• Concurrently, 8.85 shares of Republic Services, Inc. common stock were disposed of to satisfy the reporting person's tax liability.
• The fair market value of the shares withheld for taxes was $216.84, based on the closing price on February 18, 2026.
• Following these transactions, Carlsen directly beneficially owns 752 shares of Common Stock.
• Additionally, 87.93 RSUs (including accrued dividend equivalents) remain deferred under the Company's Deferred Compensation Plan.
• Carlsen directly beneficially owns 345.87 derivative securities (Restricted Stock Units) after the reported transactions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine, pre-scheduled executive compensation transaction with no material impact on the company's operational or financial performance.

Positives

• A portion of the Chief Accounting Officer's Restricted Stock Units vested, indicating a scheduled equity compensation event.
• The vesting demonstrates the company's commitment to its deferred compensation plan for executives.

Negatives

• Shares were withheld to cover tax liabilities, which is a common practice but reduces the number of shares directly received by the executive.

Future Outlook

The filing does not contain specific forward-looking statements or guidance beyond the scheduled vesting of equity compensation.

Industry Context

StockSavvy.ai notes that this is a routine executive compensation disclosure, common across all industries for publicly traded companies, reflecting the standard practice of equity vesting and tax management for executive Restricted Stock Units.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine executive compensation event, not indicative of new strategic direction or financial performance.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event involving the vesting of Restricted Stock Units and subsequent tax withholding. It does not provide new information regarding the company's financial performance, strategic direction, or operational outlook that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals rather than this specific disclosure.

Keywords

Republic Services, RSG, SEC Form 4, Restricted Stock Units, RSU vesting, executive compensation, stock ownership, tax withholding, deferred compensation