Richardson Larson 4

What Happened

• Richardson Larson, SVP Operations of Republic Services (RSG), had 68 Restricted Stock Units (RSUs) vest and convert into common stock on 2026-02-17. Of those vested shares, 35 shares were withheld/surrendered to satisfy tax withholding, valued at $221.19 per share for a total of $7,742. Net shares delivered to Larson from this vesting event were 33 shares (68 vested − 35 withheld).

Key Details

• Transaction date: 2026-02-17; Form 4 filed 2026-02-19 (appears timely).
• Acquired: 68 shares via RSU vesting/conversion (derivative conversion, code M) at $0 exercise price (RSUs convert to shares).
• Withheld/Disposed for taxes: 35 shares (code F) at $221.19 each; total value $7,742 (FMV = closing price on 02/17/2026).
• The filing also records the derivative conversion/settlement of the 68 RSUs (code M).
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Footnotes: F1–RSUs were deferred under the company’s Deferred Compensation Plan and 68 RSUs automatically vested and were paid in stock; F2–35 shares exchanged to satisfy tax liability at the closing price; F3–each RSU equals one share.

Context

• This was a routine vesting and tax-withholding event, not an open-market purchase or discretionary sale. The F code indicates shares were used to cover tax withholding rather than sold on the open market. For retail investors, such vesting events are common compensation mechanics and do not by themselves imply a change in insider sentiment.