Form 4: Republic Services EVP Bales Reports Stock Unit Distribution
Insider Transaction Report
Brian A. Bales, EVP and Chief Development Officer of Republic Services, reported the distribution of 423 stock units from his deferred compensation plan.
Summary
- Brian A. Bales, EVP, Chief Development Officer of Republic Services, Inc. (RSG), reported a change in beneficial ownership.
- On January 1, 2026, 423 stock units were distributed from his Deferred Compensation Plan (DCP).
- These stock units are held under the Republic Services Stock Investment Fund, which mirrors the value of the company's common stock and are settled in cash.
- The distribution was calculated using the December 31, 2025, closing stock price of $211.93 per unit.
- Following this transaction, Mr. Bales beneficially owns 27,945 stock units directly.
Sentiment
Score: 5
Explanation: Neutral. This is a routine, pre-scheduled transaction related to executive compensation and does not indicate a positive or negative sentiment about the company's performance or future prospects.
Positives
- The transaction represents a routine, pre-scheduled distribution from a deferred compensation plan, indicating a planned event rather than a discretionary sale.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, as it primarily reports an individual insider transaction.
Industry Context
This is an individual insider transaction related to executive compensation and does not provide information directly related to broader industry trends or competitive landscape.
Related Party Transactions
- The transaction involves the distribution of stock units from the company's Deferred Compensation Plan to an executive, which is a standard form of related party transaction within executive compensation.
Stakeholder Impact
- Shareholders may note the executive's continued significant ownership in the company following this distribution.
Key Dates
| Date | Description |
|---|---|
| 12/31/2025 | Closing stock price of $211.93 used for unit calculation. |
| 01/01/2026 | Date of stock unit distribution from Deferred Compensation Plan. |
| 01/05/2026 | Date Form 4 was signed by Attorney-in-Fact. |
Keywords
Republic Services, RSG, Brian A. Bales, Form 4, Insider Transaction, Stock Units, Deferred Compensation Plan, Executive Compensation, Beneficial Ownership
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