Gregg Brummer - 11 Feb 2025 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role
EVP, COO
Signature
/s/ Lauren McKeon, Attorney-in-Fact
Issuer symbol
RSG
Transactions as of
11 Feb 2025
Net transactions value
-$843,215
Form type
4
Filing time
13 Feb 2025, 18:08:54 UTC
Previous filing
17 Jan 2025
Next filing
18 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSG Common Stock Options Exercise $0 +433 +4.9% $0.000000 9,354 11 Feb 2025 Direct F1
transaction RSG Common Stock Tax liability $40,185 -180 -1.9% $223.25 9,174 11 Feb 2025 Direct F2
transaction RSG Common Stock Options Exercise $0 +8,658 +94% $0.000000 17,832 11 Feb 2025 Direct F3
transaction RSG Common Stock Tax liability $803,030 -3,597 -20% $223.25 14,235 11 Feb 2025 Direct 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 -433 -50% $0.000000 433 11 Feb 2025 Common Stock 433 Direct F1, F4
transaction RSG Restricted Stock Units Options Exercise $0 -8,658 -100% $0.000000 0 11 Feb 2025 Common Stock 8,658 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") granted on 02/11/2022 vest 25% on each of the first four anniversaries of the date of grant. 433 RSUs, that included accrued dividend equivalents, automatically vested on 02/11/2025 and were paid out in the form of Republic Services, Inc.'s common stock.
F2 Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of shares under a Restricted Stock Unit award on 02/11/2025. The fair market value of the exchanged shares was $223.25 (the closing stock price of Republic Services, Inc.'s common stock on 02/11/2025).
F3 The RSUs granted on 2/11/2022 cliff vested 100% three years after the date of grant. 8,658 RSUs, that included accrued dividend equivalents, automatically vested on 02/11/2025 and were paid out in the form of Republic Services, Inc.'s common stock.
F4 Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.