Form 4: Republic Services SVP Operations Reports Stock Transactions

SVP Operations at Republic Services, Larson Richardson, reports the vesting and payout of restricted stock units and shares withheld for tax obligations.

Summary

• On February 11, 2025, Larson Richardson, SVP Operations at Republic Services, had 162 Restricted Stock Units (RSUs) vest and paid out in the form of Republic Services, Inc. common stock.
• These RSUs were initially granted on February 11, 2022, and deferred under the company's Deferred Compensation Plan (DCP).
• An additional 109 shares were disposed of to cover the tax liability associated with the vesting of the RSUs, at a price of $223.25 per share.
• Following these transactions, Richardson directly owns 2,602 shares of common stock and 2,113 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a routine transaction disclosure, so the sentiment is neutral. It reflects standard executive compensation practices.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in company ownership.

Key Dates

Keywords

Republic Services, RSG, Larson Richardson, SVP Operations, Form 4, Restricted Stock Units, Stock Vesting, Deferred Compensation Plan, Tax Liability, Beneficial Ownership