Form 4: Republic Services Director Margaret Reynolds Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Margaret Reynolds reports acquisition of restricted stock units in Republic Services, Inc.
Summary
- On July 15, 2024, Margaret Reynolds, a director of Republic Services, Inc. (RSG), acquired restricted stock units.
- The transaction involved the acquisition of 6 restricted stock units, convertible to common stock on a 1-to-1 basis.
- Following the transaction, Reynolds directly owns 2,072 derivative securities.
- The price of the underlying common stock for the restricted stock units was $201.19.
- Dividends are paid on the restricted stock units awarded per the Republic Services, Inc. 2021 Stock Incentive Plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating standard insider activity. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director's holdings.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of transaction: Acquisition of restricted stock units |
| 07/17/2024 | Date of report signature |
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