Form 4: Republic Services Executive Brian Bales Reports Stock Transactions
SEC Form 4 Filing
EVP Brian Bales reports the vesting and subsequent tax withholding of Republic Services stock units.
Summary
- Brian Bales, EVP and Chief Development Officer of Republic Services, Inc., reported transactions involving common stock and restricted stock units (RSUs).
- On February 11, 2025, 55 shares of common stock were disposed of to satisfy tax liabilities related to vested RSUs.
- The fair market value of the shares exchanged was $223.25 per share.
- The transaction involved RSUs granted on February 11, 2022, under the company's Deferred Compensation Plan.
- After the transaction, 865 RSUs remain deferred.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Executive stock transactions are a routine part of corporate governance and compensation practices in publicly traded companies. These filings provide transparency into executive compensation and ownership.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily concerns executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/11/2022 | Date of initial grant of Restricted Stock Units (RSUs). |
| 02/11/2025 | Date of RSU vesting and stock disposal for tax liability. |
| 02/13/2025 | Date of Form 4 filing. |
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