Form 4: Republic Services Director Acquires Restricted Stock Units
SEC Form 4 Filing
Director Michael Larson acquired 114 Restricted Stock Units of Republic Services, Inc. on October 15, 2024.
Summary
- On October 15, 2024, Michael Larson, a director of Republic Services, Inc., acquired 114 Restricted Stock Units (RSUs).
- The RSUs are based on a 1-on-1 conversion to common stock.
- The price of the RSUs was $206.49.
- Following the transaction, Larson directly owns 40,777 shares of Republic Services, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating a neutral sentiment. It simply reports a transaction.
Positives
- Director's acquisition of RSUs may signal confidence in the company's future performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The acquisition of RSUs by a director could be viewed positively by shareholders, potentially signaling confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Date of transaction: Michael Larson acquired Restricted Stock Units. |
| 10/17/2024 | Date of signature by Attorney-in-Fact. |
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