Vander Ark Jon 4

What Happened Jon Vander Ark, CEO, President and a director of Republic Services (RSG), received equity awards on 02/19/2026 and had 9,818 shares withheld/sold to satisfy taxes. The filing shows (1) a settlement of 23,456 performance shares (valued at the 02/19/2026 close of $221.63) and (2) an award of 12,183 restricted stock units (RSUs). Separately, 9,818 shares were transferred/disposed at $221.63 each to cover withholding, generating proceeds of $2,175,963 (tax withholding transaction).

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (appears timely).
• Awards: 23,456 performance shares settled (based on $221.63 closing price) and 12,183 RSUs granted (total awarded = 35,639 shares, based on 02/19/2026 close).
• Sale/Withholding: 9,818 shares disposed at $221.63 for tax withholding, proceeds $2,175,963 (transaction code F).
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnotes: F1 = performance shares settled based on 02/19/2026 close; F2 = shares exchanged to satisfy tax liability at $221.63; F3 = RSUs vest 25% annually over four years and pay out one share per RSU.

Context The main activity is award/settlement of long-term equity (performance shares and RSUs). The 9,818-share disposition was a tax-withholding/cashless settlement rather than an open-market sale for investment purposes — a routine administrative step when awards vest. RSUs vest over four years (25% per year); the performance shares were settled immediately based on the closing price. This filing is informational and does not necessarily signal a change in the insider’s view of the company.