Form 4: Republic Services EVP Acquires Stock Units and Restricted Stock Units
SEC Form 4 Filing
Catharine D. Ellingsen, EVP/Chief Legal Officer/Sec of Republic Services, acquired stock units and restricted stock units on April 15, 2024.
Summary
- On April 15, 2024, Catharine D. Ellingsen, EVP/Chief Legal Officer/Sec of Republic Services, acquired 41 Restricted Stock Units at a price of $187.24.
- These Restricted Stock Units are based on a 1 on 1 conversion and reflect dividends paid on the Restricted Stock Units awarded per the Republic Services, Inc. 2021 Stock Incentive Plan.
- A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
- Additionally, Ms. Ellingsen acquired 59 stock units at a price of $187.24 under the Republic Services Stock Investment Fund pursuant to her election under the Company's Deferred Compensation Plan.
- Following these transactions, Ms. Ellingsen directly owns 13,900 Restricted Stock Units and 20,499 stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. These transactions are governed by SEC regulations to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transaction could have a minor impact on shareholders as it reflects insider confidence or adjustments in their holdings.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of transaction: acquisition of Restricted Stock Units and stock units |
| 04/17/2024 | Date of signature for the Form 4 filing |
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