Ellingsen Catharine D 4

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.