Form 4: Republic Services SVP Operations, Richardson Larson, Reports Stock Transactions
SEC Form 4 Filing
SVP Operations at Republic Services, Richardson Larson, reports the vesting and sale of restricted stock units and common stock transactions.
Summary
- On March 1, 2025, Richardson Larson, SVP Operations at Republic Services, had 291 Restricted Stock Units (RSUs) vest, which were then paid out as common stock.
- Also on March 1, 2025, 125 shares of common stock were disposed of to cover tax liabilities related to the vesting of the RSUs at a price of $237.02 per share.
- On March 3, 2025, Larson sold 2,200 shares of common stock at a price of $239.07 per share.
- Following these transactions, Larson directly owns 1,776 shares of Republic Services common stock and 876 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the insider's trading activity.
Industry Context
Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their trading activities and beneficial ownership of the company's securities. This filing indicates routine transactions related to stock-based compensation.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in ownership by a company insider.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of grant for Restricted Stock Units that vest 25% annually over four years. |
| 02/28/2025 | Closing price of Republic Services, Inc.'s common stock was $237.02. |
| 03/01/2025 | Vesting of 291 Restricted Stock Units and disposition of 125 shares for tax liability. |
| 03/03/2025 | Sale of 2,200 shares of common stock. |
| 03/04/2025 | Date of Form 4 signature. |
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