Brummer Gregg 4

What Happened

• Gregg Brummer, EVP and COO of Republic Services, had 437 Restricted Stock Units (RSUs) vest on 02/11/2026. The RSUs converted into 437 shares of RSG common stock (derivative conversion). At the closing price of $225.97 on 02/11/2026, the vested shares had a gross value of about $98,748.89.
• To cover withholding taxes, 199 of those shares were surrendered (share-withholding) at the same $225.97 price, yielding a tax withholding value of $44,968. After withholding, Brummer received a net of 238 shares. This was a routine RSU vesting event rather than a market purchase or sale.

Key Details

• Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely).
• Price/FMV used for tax purposes: $225.97 per share (closing price on 02/11/2026).
• Gross vested shares: 437 (≈ $98,748.89); shares withheld for taxes: 199 (≈ $44,968); net shares delivered: 238.
• Footnotes: RSUs were granted 02/11/2022 and vest 25% annually (F1). Withheld shares satisfy tax withholding on vesting (F2). Each RSU equals one share upon conversion (F3).
• Shares owned after the transaction: not reported in the provided excerpt.

Context

• This was a routine RSU vesting and share-withholding to cover tax liabilities (a common, non-trading compensation event). It does not indicate an open-market sale or a new purchase by the insider. Purchases typically carry more directional significance for investors than routine vesting events.