Form 4: Republic Services Executive Acquires Restricted Stock Units
SEC Form 4 Filing
Courtney Rodriguez, EVP and Chief HR Officer of Republic Services, acquired 13 restricted stock units on July 15, 2024.
Summary
- On July 15, 2024, Courtney Rodriguez, the EVP and Chief HR Officer of Republic Services, acquired 13 restricted stock units.
- These units are based on a 1-for-1 conversion to common stock.
- The price of the restricted stock units was $201.19.
- Following the transaction, Rodriguez directly owns 5,080 derivative securities.
- Dividends are paid on the restricted stock units awarded per the Republic Services, Inc. 2021 Stock Incentive Plan.
Sentiment
Score: 5
Explanation: This is a neutral document reflecting a routine transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive compensation and potential alignment with shareholder interests.
Stakeholder Impact
- The acquisition of restricted stock units by a company executive can align their interests with those of shareholders, potentially incentivizing them to improve company performance.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of transaction: Courtney Rodriguez acquired 13 restricted stock units. |
| 07/17/2024 | Date of signature by Attorney-in-Fact. |
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