Ellingsen Catharine D 4
4 · REPUBLIC SERVICES, INC. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Republic Services EVP Catharine Ellingsen Receives Award, Sells Shares
What Happened Catharine D. Ellingsen, EVP, Chief Legal Officer and Secretary of Republic Services (RSG), received performance shares and restricted stock units (RSUs) on 02/19/2026 and had 1,888 shares withheld/sold to cover taxes. The filing shows: 4,457 performance shares settled (acquired at $0.00, valued at the 02/19/2026 close of $221.63), a tax-related disposition of 1,888 shares at $221.63 for $418,437, and 1,828 RSUs granted (derivative award calculated using the $221.63 closing price).
Key Details
- Transaction date: 2026-02-19; filing date: 2026-02-23 (no indication of a late filing).
- Prices: closing price used for valuation/withholding = $221.63 per share.
- Awards/acquisitions: 4,457 performance shares (settlement) and 1,828 RSUs granted.
- Disposition/tax withholding: 1,888 shares surrendered at $221.63 for $418,437 to satisfy tax liability (code F).
- RSU vesting: RSUs vest 25% on each of the first four anniversaries of 02/19/2026 and convert to one share each upon vesting (per footnote).
- Shares owned after the transaction: not specified in the filing excerpt provided.
Context
- The 1,888-share disposal was a tax-withholding transaction (cashless surrender), not an open-market investment sale — common when equity awards vest or are settled. The performance share settlement and RSU grant increase potential future ownership as RSUs vest over four years.
Insider Transaction Report
Form 4
Ellingsen Catharine D
EVP/Chief Legal Officer/Sec
Transactions
- Award
Common Stock
[F1]2026-02-19+4,457→ 52,597.78 total - Tax Payment
Common Stock
[F2]2026-02-19$221.63/sh−1,888$418,437→ 50,709.78 total - Award
Restricted Stock Units
[F3]2026-02-19+1,828→ 1,828 total→ Common Stock (1,828 underlying)
Footnotes (3)
- [F1]Settlement of performance shares granted under the Republic Services, Inc. 2021 Stock Incentive Plan based on Republic's closing stock price on 02/19/2026 ($221.63).
- [F2]Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the settlement of performance shares on 02/19/2026. The fair market value of the exchanged shares was $221.63 (the closing price of Republic Services, Inc.'s common stock on 02/19/2026).
- [F3]Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc.'s 2021 Stock Incentive Plan. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is 02/19/2026) and each RSU ultimately will be paid out in the form of one share of Republic's common stock. The number of RSUs was calculated based on Republic's closing stock price on 02/19/2026 ($221.63).
Signature
/s/ Lauren McKeon, Attorney-in-Fact|2026-02-23