Form 4: Republic Services EVP, COO Brummer Reports Stock Transactions Following RSU Vesting

Gregg Brummer, EVP and COO of Republic Services, reports the vesting of restricted stock units and subsequent stock transactions to cover tax liabilities.

Summary

• On February 11, 2025, Gregg Brummer, EVP and COO of Republic Services, had 433 restricted stock units (RSUs) vest, which included accrued dividend equivalents, and were paid out in common stock.
• An additional 8,658 RSUs granted on 2/11/2022 also vested on 02/11/2025, and were paid out in common stock.
• To cover the tax liability associated with the vesting of these RSUs, 180 shares were disposed of at a price of $223.25 per share.
• An additional 3,597 shares were disposed of at a price of $223.25 per share to satisfy tax obligations.
• Following these transactions, Brummer directly owns 14,235 shares of Republic Services common stock.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't indicate positive or negative performance for the company.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Key Dates

Keywords

Republic Services, RSG, Gregg Brummer, EVP, COO, Form 4, Restricted Stock Units, RSUs, Stock Vesting, Beneficial Ownership, Tax Liability