Brian A. Bales - Feb 11, 2024 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Signature
/s/ Lauren McKeon, Attorney-in-Fact
Stock symbol
RSG
Transactions as of
Feb 11, 2024
Transactions value $
-$11,797
Form type
4
Date filed
2/13/2024, 08:08 PM
Previous filing
Jan 18, 2024
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSG Common Stock Options Exercise $0 +68 $0.00 68 Feb 11, 2024 Direct F1
transaction RSG Common Stock Tax liability -$11.8K -68 -100% $173.49 0 Feb 11, 2024 Direct F1
holding RSG Common Stock 20.3K Feb 11, 2024 Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RSG Restricted Stock Units Options Exercise $0 -68 -2% $0.00 3.33K Feb 11, 2024 Common Stock 68 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person previously elected to defer the Restricted Stock Units ("RSUs") granted on 02/11/2022 in accordance with the Company's Deferred Compensation Plan (the "Plan"). On 02/11/2024, 25% of the grant vested and 856 RSUs remain deferred. As permitted under the Plan, the Company withheld 68 shares of Republic Services, Inc. common stock to satisfy tax liability of the Reporting Person. The fair market value of the exchanged shares was $173.49 (the closing price of Republic Services, Inc.'s common stock on 02/09/2024).
F2 Shares held by The Bales Trust u/a March 17, 2017 of which the Reporting Person and his spouse are trustees and the beneficiaries of the trust are the Reporting Person's children. Includes shares that were previously reported as held directly by the Reporting Person.
F3 Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.