Form 4: Republic Services SVP Operations, Julia Arambula, Reports Stock Transactions
SEC Form 4 Filing
Julia Arambula, SVP Operations at Republic Services, reports the vesting of restricted stock units and the withholding of shares to cover tax liabilities.
Summary
- On February 23, 2025, Julia Arambula, SVP Operations at Republic Services, had 25% of her restricted stock units (RSUs) granted on February 23, 2021, vest.
- The company withheld 11 shares of common stock to satisfy tax liabilities related to the vesting of these RSUs.
- The fair market value of the shares withheld was $230.87 per share, based on the closing price on February 21, 2025.
- Arambula also disposed of 11 shares to cover tax liability.
- Following these transactions, Arambula directly owns 8,330 shares of Republic Services common stock and 1,033 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, which is common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/23/2021 | Date of original grant of Restricted Stock Units. |
| 02/21/2025 | Closing price of Republic Services common stock used to determine fair market value ($230.87). |
| 02/23/2025 | Date of transaction: vesting of RSUs and withholding of shares for tax liability. |
| 02/25/2025 | Date of Form 4 filing. |
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