Form 4: Republic Services CEO Jon Vander Ark Accrues Additional Restricted Stock Units

Republic Services, Inc. CEO and President Jon Vander Ark has accrued 111.72 additional Restricted Stock Units as dividends on his outstanding RSU awards.

Summary

• Jon Vander Ark, CEO and President of Republic Services, Inc., acquired 111.72 Restricted Stock Units (RSUs) on July 15, 2025.
• These RSUs were accrued as dividends on his existing outstanding RSU awards.
• The acquired RSUs will vest and be settled only to the extent that the underlying RSU awards also vest and settle.
• Following this transaction, Mr. Vander Ark beneficially owns a total of 46,689.09 Restricted Stock Units.
• The implied price of the underlying common stock for these RSUs is $241.86 per share.
• A portion of Mr. Vander Ark's Restricted Stock Units are held under the Company's Deferred Compensation Plan.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates a standard, ongoing executive compensation mechanism that aligns management interests with shareholder value through equity awards and dividend accruals.

Positives

• The accrual of additional Restricted Stock Units as dividends indicates a return on existing equity awards for the CEO.
• This type of compensation aligns management's interests with long-term shareholder value, as the RSUs vest based on future conditions.

Future Outlook

The newly acquired Restricted Stock Units are subject to future vesting and settlement conditions, aligning the executive's compensation with the company's long-term performance and the vesting of the underlying RSU awards.

Industry Context

This transaction represents a routine executive compensation event within the waste management industry, reflecting standard practices for equity-based incentives tied to long-term performance and retention.

Stakeholder Impact

• Shareholders: The transaction aligns the CEO's interests with long-term shareholder value through equity-based compensation.
• Management: The CEO's equity holdings increase, reinforcing his stake in the company's performance.

Next Steps

• The acquired Restricted Stock Units will vest and settle to the extent the underlying RSU awards vest and settle.

Key Dates

Keywords

Republic Services, RSG, Jon Vander Ark, Restricted Stock Units, RSUs, Insider Transaction, SEC Form 4, Executive Compensation, Dividend Reinvestment, Equity Awards