Form 4: Republic Services CEO Jon Vander Ark Reports Stock Transactions
SEC Form 4
CEO Jon Vander Ark reports the vesting of restricted stock units and subsequent tax liability satisfaction through the sale of shares.
Summary
- On February 11, 2025, Republic Services CEO Jon Vander Ark reported transactions involving Republic Services, Inc. common stock.
- 3,679 Restricted Stock Units (RSUs) vested, resulting in the issuance of 3,679 shares of common stock.
- These RSUs, granted on February 11, 2022, vested 25% annually over four years.
- Vander Ark also disposed of 988 shares to cover the tax liability associated with the RSU vesting at a price of $223.25 per share.
- Following these transactions, Vander Ark directly owns 82,915 shares of Republic Services common stock and 3,681 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a relatively small number of shares compared to the total outstanding shares of Republic Services, Inc.
Key Dates
| Date | Description |
|---|---|
| 02/11/2022 | Date the Restricted Stock Units (RSUs) were granted. |
| 02/11/2025 | Date of RSU vesting and tax liability satisfaction transactions. |
| 02/13/2025 | Date of the Form 4 filing. |
Keywords
Republic Services, RSG, Jon Vander Ark, Stock, Restricted Stock Units, Vesting, Form 4, SEC Filing
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