Brummer Gregg 4

What Happened
Gregg Brummer, EVP and COO of Republic Services (RSG), had 463.86 restricted stock units (RSUs) vest on 2026-02-18. The vested RSUs converted into common shares at the closing price of $216.84. To satisfy tax withholding, 191.81 shares were surrendered (valued at $41,592); the remaining ~272.05 shares were delivered to him. This was a vesting/award event (not an open-market buy or sale).

Key Details

• Transaction date: 2026-02-18; Form 4 filed 2026-02-20 (timely).
• Vested: 463.86 RSUs converted to common stock at $216.84/share (total value ≈ $100,583).
• Tax withholding: 191.81 shares withheld at $216.84 = $41,592.
• Net delivered to insider: ~272.05 shares (≈ $58,991 net value).
• Footnotes: RSUs were granted 02/18/2025 and vest 25% annually; each RSU equals one share; shares were withheld to satisfy tax liability.
• Filing codes: M = conversion/exercise of derivative (RSU conversion); F = shares withheld for taxes.
• Shares owned after transaction: not specified in the provided filing.

Context
This was a routine equity award vesting event, with standard tax-withholding via share surrender (a cashless/withholding arrangement). Such withholding is common and does not by itself indicate a voluntary sale or change in the insider’s view of the company.