DelGhiaccio Brian M 4

What Happened

• Brian M. DelGhiaccio, Chief Financial Officer of Republic Services (RSG), had 659 Restricted Stock Units (RSUs) vest and convert into 659 shares on 2026-02-11. Of those, 395 shares were withheld to satisfy the tax withholding obligation at the closing price of $225.97 per share (total ~$89,258), leaving approximately 264 shares delivered to him.
• This was an award/vesting event (not an open-market sale or purchase). The RSUs had no exercise price (reported as $0.00), and the withholding is routine payroll/tax withholding.

Key Details

• Transaction date: 2026-02-11; Form filed: 2026-02-13 (timely — Form 4 is generally due within 2 business days).
• Reported entries: M = exercise/conversion of derivative (659 RSUs vested → 659 shares); F = shares withheld for tax (395 shares @ $225.97, $89,258).
• Net shares delivered to insider: ~264 shares (659 vested minus 395 withheld).
• Remaining deferred awards: 658 RSUs (including accrued dividend equivalents) remain deferred under the Company Deferred Compensation Plan per footnote.
• Footnotes: F1 confirms partial deferral and that 659 RSUs vested and were paid in common stock; F2 explains shares were withheld to cover tax liability at the market close price; F3 notes 1 RSU = 1 share.
• Shares beneficially owned after the transaction are not specified in the provided excerpt.

Context

• RSU vesting followed the company’s deferred compensation plan; withholding shares to cover taxes is a standard, administrative (cashless) practice and does not necessarily signal insider sentiment about the stock.
• For retail investors, purchases are often more informative than routine vesting or tax-withholding transactions; this filing documents compensation settlement rather than an investment decision.