Vander Ark Jon 4
4 · REPUBLIC SERVICES, INC. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Republic Services (RSG) CEO Jon Vander Ark Receives RSU Shares
What Happened
Jon Vander Ark, President, CEO and Director of Republic Services (RSG), had 4,511 Restricted Stock Units (RSUs vest) convert into common stock on 2026-02-17. Of those shares, 1,780 were surrendered to satisfy tax withholding at a closing price of $221.19 (value $393,718). The vesting therefore resulted in a net issuance of 2,731 shares to Vander Ark. This was a vesting/award event (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-02-17; Form 4 filed 2026-02-19 (timely).
- Vesting: 4,511 RSUs converted to common stock (transaction code M for conversion).
- Tax withholding: 1,780 shares surrendered to cover taxes (transaction code F); fair market value used $221.19/share; withholding value $393,718.
- Net shares received by insider: 2,731 (4,511 vested − 1,780 withheld).
- Shares owned after the transaction: not specified in the filing.
- Footnotes: RSUs were granted 02/17/2023 with 25% vesting on each anniversary and included accrued dividend equivalents; each RSU equals the right to one share.
Context
This was a routine RSU vesting event and a net-share settlement for taxes (shares withheld), not an indicated buy or sell of additional shares in the open market. Such tax withholdings are common for RSU settlements and do not by themselves indicate insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-17+4,511→ 110,858 total - Tax Payment
Common Stock
[F2]2026-02-17$221.19/sh−1,780$393,718→ 109,078 total - Exercise/Conversion
Restricted Stock Units
[F3][F1]2026-02-17−4,511→ 4,518 total→ Common Stock (4,511 underlying)
Footnotes (3)
- [F1]The Restricted Stock Units ("RSUs") granted on 02/17/2023 vest 25% on each of the first four anniversaries of the date of grant. 4,511 RSUs, that included accrued dividend equivalents, automatically vested on 02/17/2026 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 02/17/2026. The fair market value of the exchanged shares was $221.19 (the closing price of Republic Services, Inc.'s common stock on 02/17/2026).
- [F3]Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.