Ellingsen Catharine D 4
4 · REPUBLIC SERVICES, INC. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Republic Services (RSG) EVP/CLO Catharine Ellingsen Receives RSUs
What Happened
- Catharine D. Ellingsen, EVP and Chief Legal Officer of Republic Services, had 419.4 Restricted Stock Units (RSUs) vest on 02/18/2026. The vested RSUs converted to common shares (fair market value at close $216.84). To cover tax withholding, 177.62 shares were surrendered (valued at $38,515). Net shares retained from the vesting: 241.78 shares. The total value of the vested shares at the closing price was about $90,943, with net value retained ~ $52,428 after withholding.
Key Details
- Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (timely filing).
- Vesting/Conversion: 419.4 RSUs converted to 419.4 shares (SEC code M used to report conversion of derivative).
- Tax withholding: 177.62 shares surrendered to satisfy tax liability (SEC code F); withholding value = $38,515 using $216.84 close price on 02/18/2026.
- Net shares retained from this vesting: 241.78 shares.
- Shares owned after the transaction: not disclosed in the filing.
- Footnotes: RSUs were granted 02/18/2025 and vest 25% annually; each RSU equals one contingent share; withholding was executed via share surrender to cover taxes.
Context
- This was a routine equity award vesting (not a market purchase or open-market sale). The share surrender to cover taxes is common for RSU payouts and does not necessarily indicate a change in insider sentiment. The filing was submitted within the standard Form 4 deadline.
Insider Transaction Report
Form 4
Ellingsen Catharine D
EVP/Chief Legal Officer/Sec
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-18+419.4→ 48,318.4 total - Tax Payment
Common Stock
[F2]2026-02-18$216.84/sh−177.62$38,515→ 48,140.78 total - Exercise/Conversion
Restricted Stock Units
[F3][F1]2026-02-18−419.4→ 1,261.23 total→ Common Stock (419.4 underlying)
Footnotes (3)
- [F1]The Restricted Stock Units ("RSUs") granted on 02/18/2025 vest 25% on each of the first four anniversaries of the date of grant. 419.4 RSUs, that included accrued dividend equivalents, automatically vested on 02/18/2026 and were paid out in the form of Republic Services, Inc.'s common stock.
- [F2]Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of shares under a Restricted Stock Unit award on 02/18/2026. The fair market value of the exchanged shares was $216.84 (the closing price of Republic Services, Inc.'s common stock on 02/18/2026).
- [F3]Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
Signature
/s/ Lauren McKeon, Attorney-in-Fact|2026-02-20