Form 4: Republic Services SVP Operations Reports Acquisition of Stock Units
SEC Filing
SVP Operations at Republic Services, Larson Richardson, reports acquisition of restricted stock units, performance shares, and stock units.
Summary
- On October 15, 2024, Larson Richardson, SVP Operations at Republic Services, acquired restricted stock units, performance shares (PSUs), and stock units.
- The transactions were reported on a Form 4 filing with the SEC.
- Richardson acquired 17 restricted stock units, 3 performance shares, and 7 stock units.
- The price for each of these was $206.49.
- Following the reported transactions, Richardson beneficially owns 6,265 restricted stock units, 1,199 performance shares, and 547 stock units.
- A portion of the restricted stock units and performance shares are held under the Company's Deferred Compensation Plan.
- The stock units are held under the Republic Services Stock Investment Fund.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides information about ownership changes.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for maintaining investor confidence.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- Employees participating in the Deferred Compensation Plan and Stock Investment Fund are indirectly impacted.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Date of transaction: acquisition of restricted stock units, performance shares, and stock units |
| 10/17/2024 | Date of signature on the Form 4 filing |
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