DelGhiaccio Brian M 4

What Happened

• Brian M. DelGhiaccio, Chief Financial Officer of Republic Services, had 1,254 Restricted Stock Units (RSUs) vest on 2026-02-17. The RSUs converted into 1,254 shares of common stock (recorded as derivative exercise/conversion).
• To cover the tax liability on the vesting, 688 shares were surrendered/withheld at a closing price of $221.19, generating a cash value of $152,179. After withholding, the reporting person received 566 net shares.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (appears timely — within the typical 2-business-day window).
• Vesting/Conversion: 1,254 RSUs converted to 1,254 shares (transaction code M).
• Tax withholding: 688 shares withheld/disposed to satisfy taxes (transaction code F) at $221.19 per share; total value withheld ≈ $152,179.
• Net shares received: 566 shares (1,254 vested − 688 withheld).
• Footnotes: RSUs were granted 02/17/2023 and vest 25% annually; the vested RSUs included accrued dividend equivalents; each RSU = one share.
• Shares owned after the transaction: not provided in the excerpt of the filing.

Context

• This was a routine vesting of RSUs (compensation), not an open-market buy or sale. The withholding of shares to cover taxes is a common cashless-withholding practice and does not necessarily indicate a change in insider sentiment.
• Transaction codes: M = exercise/conversion of derivative (RSU → shares), F = shares withheld to satisfy tax liabilities.