Bales Brian A 4

What Happened

• Brian A. Bales, EVP and Chief Development Officer of Republic Services, had 9.56 restricted stock units (RSUs) converted to shares as 25% of a 02/18/2025 RSU grant vested on 02/18/2026. The company withheld 9.56 shares to satisfy the tax withholding obligation; the withheld shares were valued at $216.84 each, totaling $2,073. No open-market sale was reported.

Key Details

• Transaction date: 2026-02-18; Form filed: 2026-02-20 (timely)
• Action codes reported: M = exercise/conversion of derivative (RSU conversion); F = tax withholding
• Shares withheld to cover taxes: 9.56 shares at $216.84 each; total value $2,073
• Remaining deferred RSUs after vesting: 309.24 RSUs (including accrued dividend equivalents) per footnote
• Each RSU equals one share of common stock (footnote)
• Shares owned following the transaction: not specified in the provided filing

Context

• This was a routine tax-withholding transaction tied to RSU vesting, not an open-market sale or purchase. The RSUs vested and were converted into shares, and the company retained 9.56 shares to satisfy taxes (a common practice). The filing appears timely (within required reporting window).