Carlsen Elyse 4

4 · REPUBLIC SERVICES, INC. · Filed Feb 13, 2026

AI-generated summary of this filing

Updated Feb 14, 2026

Republic Services CAO Elyse Carlsen Receives 100 Shares (RSU Vest)

What Happened

Elyse Carlsen, Chief Accounting Officer of Republic Services (RSG), had 100 Restricted Stock Units (RSUs) vest on 02/11/2026. The RSUs converted into 100 shares of common stock (exercise/conversion of derivative, code M). To satisfy tax withholding, 32 of those shares were withheld (code F) at $225.97 per share, totaling $7,231. The result: 100 shares issued, 32 withheld for taxes, net increase of 68 shares to her holdings.

Key Details

Transaction date: 2026-02-11; filing date: 2026-02-13 (appears timely under Form 4 rules).
Conversion price / exercise price: $0 (typical for RSU vesting); withholding price used: $225.97 (closing price on 02/11/2026).
Withheld shares: 32 shares; cash value withheld: $7,231 (32 × $225.97).
Gross shares issued on vesting: 100 shares (includes accrued dividend equivalents per footnote).
Shares owned after the transaction: not specified in the provided filing data.
Relevant footnotes from the filing:
- F1: RSUs were granted 02/11/2022 and vested 25% annually; 100 RSUs vested on 02/11/2026 and were paid in common stock.
- F2: 32 shares were exchanged to cover tax liability; FMV used for withholding was $225.97.
- F3: Each RSU represents the right to one share of common stock.

Context

This was an RSU vesting and routine tax-withholding event, not an open-market sale or purchase. Withholding shares to cover taxes is common and does not by itself signal a buy/sell decision by the insider.
The filing shows conversion of RSUs (derivative exercise/conversion) and tax withholding rather than a cashless sale on the market.

Form 4

Period: 2026-02-11

CAO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-11+100→ 685 total
Tax Payment
Common Stock
[F2]
2026-02-11$225.97/sh−32$7,231→ 653 total
Exercise/Conversion
Restricted Stock Units
[F3][F1]
2026-02-11−100→ 0 total
→ Common Stock (100 underlying)

Footnotes (3)

[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. 100 RSUs, that included accrued dividend equivalents, automatically vested on 02/11/2026 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 02/11/2026. The fair market value of the exchanged shares was $225.97 (the closing stock price of Republic Services, Inc.'s common stock on 02/11/2026).
[F3]Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.

Signature

/s/ Lauren McKeon, Attorney-in-Fact|2026-02-13

1 file