DelGhiaccio Brian M 4
Research Summary
AI-generated summary
Republic Services CFO Brian DelGhiaccio Receives Award, Withholds Shares
What Happened
- Brian M. DelGhiaccio, Chief Financial Officer of Republic Services (RSG), received equity awards on 02/19/2026: 6,758 settled performance shares and 2,708 restricted stock units (RSUs), for a total of 9,466 shares. The company used the closing price on 02/19/2026 ($221.63) to value the settlement.
- To cover the tax withholding on the settled performance shares, 3,708 shares were surrendered (disposed) at $221.63 for a value of approximately $821,804. The awards themselves are recorded at $0 cost in the filing because they were granted/settled awards rather than open-market purchases.
Key Details
- Transaction date: 2026-02-19; Form filed: 2026-02-23 (filed within the required window).
- Prices: withholding/disposition price = $221.63 (Republic closing price on 02/19/2026); awards recorded as $0 acquisition cost.
- Shares involved: 6,758 performance shares settled; 2,708 RSUs granted; 3,708 shares withheld for taxes (disposed).
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnotes of note:
- F1: Performance shares were settled based on the 02/19/2026 closing price ($221.63).
- F2: 3,708 shares were surrendered to satisfy the reporting person’s tax liability on the settlement.
- F3: The 2,708 RSUs vest 25% on each of the first four anniversaries of the 02/19/2026 grant date and will convert 1:1 into common shares upon vesting.
Context
- This filing reflects equity compensation settlement and a routine tax-withholding disposition—not an open-market sale or purchase meant to express a trading view. The withholding is a common way to satisfy taxes when equity awards vest or are settled.