Vander Ark Jon 4

What Happened

• Jon Vander Ark, CEO, President and a director of Republic Services (RSG), had 2,387.04 Restricted Stock Units (RSUs) vest on 02/18/2026 and received the corresponding common shares. Of those, 998.98 shares were surrendered to satisfy tax withholding at the closing price of $216.84, totaling $216,619. Net shares delivered to him were 1,388.06 (2,387.04 − 998.98). This was an award/vesting event, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (timely).
• Acquired: 2,387.04 shares via RSU conversion (transaction code M) at $0 exercise price.
• Withheld for taxes: 998.98 shares (transaction code F) at $216.84 per share; total value withheld $216,619.
• Net shares retained by insider: 1,388.06.
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes: F1 — these RSUs were part of a grant on 02/18/2025 that vest 25% annually; F2 — shares were surrendered to cover tax liability at the closing price; F3 — each RSU converts to one share of common stock.
• Transaction codes: M = exercise/conversion of a derivative (RSU conversion); F = payment of tax liability via share withholding.

Context

• This was a routine vesting of compensation (RSUs). The withholding of shares to cover taxes is common and should not be interpreted as an active sale in the open market. RSU vesting increases insider share holdings (after withholding) but does not indicate a purchase decision by the insider.