Brian A. Bales - 23 Feb 2024 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Signature
/s/ Lauren McKeon, Attorney-in-Fact
Issuer symbol
RSG
Transactions as of
23 Feb 2024
Net transactions value
-$6,844
Form type
4
Filing time
27 Feb 2024, 18:35:35 UTC
Previous filing
21 Feb 2024
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSG Common Stock Options Exercise $0 +37 +5.1% $0.000000 769 23 Feb 2024 Direct F1
transaction RSG Common Stock Tax liability $6,844 -37 -4.8% $184.98 732 23 Feb 2024 Direct F1

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 -37 -0.8% $0.000000 4,564 23 Feb 2024 Common Stock 37 Direct F1, F2
* 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 02/23/2021 in accordance with the Company's Deferred Compensation Plan (the "Plan"). On 02/23/2024, 25% of the grant vested and 1,174 RSUs remained deferred. As permitted under the Plan, the Company withheld 37 shares of Republic Services, Inc.'s common stock to satisfy tax liability of the Reporting Person. The fair market value of the exchanged shares was $184.98 (the closing price of Republic Services, Inc.'s common stock on 02/23/2024).
F2 Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.