Form 4: Republic Services EVP Brian DelGhiaccio Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Brian DelGhiaccio, EVP and CFO of Republic Services, reports the vesting and payout of restricted stock units and shares withheld for tax obligations.

Summary

  • On February 11, 2025, Brian DelGhiaccio, EVP and CFO of Republic Services, had 650 Restricted Stock Units (RSUs) vest and paid out in the form of Republic Services, Inc. common stock.
  • These RSUs were part of a grant from February 11, 2022, and were previously elected to be deferred under the company's Deferred Compensation Plan (DCP).
  • An additional 650 RSUs (including accrued dividend equivalents) remain deferred in the DCP.
  • 304 shares of common stock were disposed of to satisfy the tax liability upon the vesting of the RSUs, at a price of $223.25 per share.
  • Following these transactions, DelGhiaccio directly owns 6,664 shares of Republic Services common stock and 3,249 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect the normal course of executive compensation.
  • Employees may be interested in the details of executive compensation plans.

Key Dates

DateDescription
02/11/2022Date of original Restricted Stock Unit grant.
02/11/2025Date of RSU vesting and stock transactions.
02/13/2025Date of Form 4 filing.

Keywords

Republic Services, Brian DelGhiaccio, Restricted Stock Units, RSU, Form 4, Beneficial Ownership, Deferred Compensation Plan, Vesting, Tax Liability, Common Stock

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