Form 4: Republic Services EVP Courtney Rodriguez Reports Stock Transactions
SEC Form 4 Filing
EVP and Chief HR Officer of Republic Services, Courtney Rodriguez, reports the vesting and payout of restricted stock units and related tax liability satisfaction.
Summary
- On March 1, 2025, Courtney Rodriguez, EVP and Chief HR Officer of Republic Services, had 481 Restricted Stock Units (RSUs) vest, which were then paid out in the form of Republic Services, Inc.'s common stock.
- These RSUs were part of a grant from March 1, 2024, that vests 25% annually over four years.
- Additionally, 199 shares of common stock were disposed of to cover the tax liability associated with the vesting of the RSUs.
- The price per share for the tax liability transaction was $237.02, based on the closing price of Republic Services, Inc.'s common stock on February 28, 2025.
- Following these transactions, Rodriguez directly owns 2,359 shares of Republic Services common stock and 1,445 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company executive, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related stock sales.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of grant for the Restricted Stock Units, vesting 25% annually. |
| 02/28/2025 | Date used to determine the fair market value ($237.02) of Republic Services, Inc.'s common stock for tax liability purposes. |
| 03/01/2025 | Date of RSU vesting and stock transactions. |
| 03/04/2025 | Date of Form 4 filing. |
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