Form 4: Republic Services Executive Brian DelGhiaccio Reports Stock Transactions
SEC Form 4 Filing
EVP and CFO Brian DelGhiaccio reports vesting of restricted stock units and related tax liability satisfaction.
Summary
- Brian M DelGhiaccio, EVP and CFO of Republic Services, Inc., reported transactions involving common stock and restricted stock units (RSUs).
- On February 23, 2024, 844 RSUs vested, resulting in the issuance of common stock.
- 247 shares were disposed of to cover the tax liability associated with the vesting of the RSUs at a price of $184.98 per share.
- Following these transactions, DelGhiaccio directly owns 7,497 shares of common stock and 4,222 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing reflecting standard executive compensation practices, with no particularly positive or negative implications.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of RSUs and subsequent tax-related stock disposal has a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/23/2021 | Date of original grant of Restricted Stock Units, a portion of which were deferred. |
| 02/23/2024 | Date of transaction: Vesting of 844 Restricted Stock Units and related tax liability satisfaction. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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