Hodges Amanda 4

What Happened
Amanda Hodges, EVP & Chief Commercial Officer of Republic Services (RSG), had 649 restricted stock units (RSUs) vest on 02/17/2026. The RSUs converted into 649 shares of common stock (code M, conversion of derivative). To satisfy tax withholding, 272 of those shares were surrendered (code F) at the closing price of $221.19, yielding $60,164. The total value of the vested 649 shares at the 02/17/2026 close was about $143,552; after withholding Hodges received a net 377 shares (worth about $83,389 at that price). This is a routine vesting/settlement, not an open-market purchase or discretionary sale.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (timely).
• Conversion: 649 RSUs → 649 shares (code M) at $0 exercise price (RSUs convert to shares).
• Tax withholding: 272 shares withheld (code F) at $221.19/share for $60,164.
• Net shares delivered to insider: 377 shares (649 − 272).
• Footnotes: RSUs were granted 02/17/2023 and vested per schedule (25% each year; note F1). Withheld shares satisfy tax liability using the 02/17/2026 closing price of $221.19 (F2). Each RSU equals one share (F3).
• Shares owned after transaction: not specified in the provided filing data.

Context
RSU vesting and share-withholding for taxes is a common, non-speculative corporate compensation event. Code explanations: M = conversion/exercise of a derivative (here, RSU conversion to stock); F = shares surrendered/used to pay tax withholding. This filing reflects receipt of equity from vested awards, with a portion withheld to cover taxes—not an active purchase or open-market sale.