Form 4: Republic Services SVP Operations, Richardson Larson, Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


SVP Operations at Republic Services, Richardson Larson, reports the vesting and payout of restricted stock units and related tax liability satisfaction.

Summary

  • On February 23, 2025, Richardson Larson, SVP Operations at Republic Services, reported transactions involving Republic Services common stock.
  • 187 Restricted Stock Units (RSUs) vested and were paid out in the form of Republic Services common stock.
  • These RSUs were part of a grant from February 23, 2021, and were previously deferred under the company's Deferred Compensation Plan.
  • An additional 88 shares were disposed of to cover the tax liability associated with the vesting of the RSUs at a price of $230.87 per share.
  • Following these transactions, Larson directly owns 3,810 shares of Republic Services common stock and 744 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a routine filing reflecting standard executive compensation practices. It doesn't indicate any particularly positive or negative sentiment.

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 reflect standard executive compensation practices.

Key Dates

DateDescription
02/23/2021Date of original Restricted Stock Units grant.
02/21/2025Closing price of Republic Services common stock was $230.87.
02/23/2025Date of RSU vesting and payout, and tax liability satisfaction.
02/25/2025Date of Form 4 filing.

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