Julia Arambula - 22 Dec 2025 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role: SVP Operations
Signature: /s/ Lauren McKeon, Attorney-in-Fact
Issuer symbol: RSG
Transactions as of: 22 Dec 2025
Net transactions value: -$13,872
Form type: 4
Filing time: 20 Jan 2026, 20:08:03 UTC
Previous filing: 17 Oct 2025
Next filing: 05 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Arambula Julia	SVP Operations	C/O REPUBLIC SERVICES, INC., 5353 E. CITY NORTH DRIVE, PHOENIX	/s/ Lauren McKeon, Attorney-in-Fact	20 Jan 2026	0002021928

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RSG	Common Stock	Options Exercise	$0	+390	+3.9%	$0.000000	10,425	22 Dec 2025	Direct	F1
transaction	RSG	Common Stock	Tax liability	$20,014	-94	-0.9%	$212.92	10,331	22 Dec 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	Performance Shares (PSUs)	Options Exercise	$0	-390	-9.9%	$0.000000	3,535	22 Dec 2025	Common Stock	390		Direct	F1, F3
transaction	RSG	Restricted Stock Units	Award	$4,035	+19	+0.29%	$210.79	6,552	15 Jan 2026	Common Stock	19		Direct	F3, F4, F5, F6
transaction	RSG	Performance Shares (PSUs)	Award	$2,108	+10	+0.28%	$210.79	3,545	15 Jan 2026	Common Stock	10		Direct	F3, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These performance shares (PSUs), which include 23 accrued dividend equivalents, were earned as of 02/14/2020 per the Republic Services, Inc. Amended and Restated 2007 Stock Incentive Plan. Such PSUs were deferred under the Republic Services, Inc. Deferred Compensation Plan (DCP) as elected by the Reporting Person. As a result of the DCP election, 390 PSUs were distributed out of the DCP and settled to shares of the Company's common stock effective 12/22/2025.
F2	Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the settlement of the performance shares on 12/22/2025. The fair market value of the exchanged shares was $212.92 (the closing price of Republic Services, Inc.'s common stock on 12/22/2025).
F3	Based on 1 on 1 conversion.
F4	Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards that will vest and be settled to the extent the RSU is vested and settles.
F5	A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
F6	Total reflects a reduction by 1.45 RSUs due to recalculation of prior rounding.
F7	Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.