Ellingsen Catharine D 4
4 · REPUBLIC SERVICES, INC. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Republic Services (RSG) EVP Catharine Ellingsen Receives RSU Award
What Happened
- Catharine D. Ellingsen, EVP and Chief Legal Officer of Republic Services (RSG), had 1,567 Restricted Stock Units (RSUs vest) on 2026-02-17. The RSUs converted to common stock at the closing price of $221.19 on 02/17/2026 (total value ≈ $346,604.73). To satisfy tax withholding, 664 shares were surrendered/withheld (value reported $146,870), leaving a net issuance of 903 shares to Ellingsen (net value ≈ $199,734.57).
Key Details
- Transaction date: 2026-02-17; Filing date: 2026-02-19 (timely).
- Vesting: 1,567 RSUs vested (each RSU = 1 share) per award granted 02/17/2023 (25% vesting each year over 4 years).
- Withholding: 664 shares were withheld to cover tax liability (code F); reported fair market value per share = $221.19.
- Net shares delivered to insider: 903 shares (1,567 vested − 664 withheld).
- Transaction codes: M = conversion/exercise of derivative (RSU conversion to stock); F = shares used to satisfy tax withholding.
- Shares owned after transaction: not reported in the provided data.
Context
- This was an award vesting event (routine compensation vesting), not an open-market purchase or a directional sale by the insider. The tax obligation was satisfied by share withholding (a common cashless method), which reduces the number of shares the insider actually received. No 10b5-1 plan or late filing flag is indicated.
Insider Transaction Report
Form 4
Ellingsen Catharine D
EVP/Chief Legal Officer/Sec
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-17+1,567→ 48,563 total - Tax Payment
Common Stock
[F2]2026-02-17$221.19/sh−664$146,870→ 47,899 total - Exercise/Conversion
Restricted Stock Units
[F3][F1]2026-02-17−1,567→ 1,574 total→ Common Stock (1,567 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. 1,567 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.
Signature
/s/ Lauren McKeon, Attorney-in-Fact|2026-02-19