Brummer Gregg 4

What Happened

• Gregg Brummer, EVP and COO of Republic Services (RSG), received a settlement of performance shares and a grant of restricted stock units (RSUs) on 02/19/2026. He was credited 3,050 performance shares (acquired at $0) and 2,392 RSUs (derivative award, $0 exercise price).
• To satisfy tax withholding on the performance-share settlement, 1,262 shares were surrendered (disposed) at the closing price of $221.63, for a reported value of $279,697.

Key Details

• Transaction date: 2026-02-19; Form filed: 2026-02-23 (filed within the standard 2-business-day window).
• Prices and reported values: closing price used $221.63 per share. Performance shares settled: 3,050 shares ($675,972 based on closing price). RSU award: 2,392 RSUs ($530,139 based on closing price). Tax-withheld shares: 1,262 shares for $279,697 (reported).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 clarifies the 3,050 were performance shares settled under the 2021 Stock Incentive Plan based on the 02/19/2026 close; F2 notes the 1,262-share disposition was to satisfy tax withholding at the same closing price; F3 explains the 2,392 RSUs vest 25% on each of the first four anniversaries and convert 1:1 to common stock when paid.
• Transaction codes: A = award/grant/acquisition (performance share settlement and RSU grant); F = shares surrendered to cover tax liability (not an open-market sale).

Context

• The 1,262-share disposition was a tax-withholding action (common when equity awards vest/settle), not a discretionary sale indicating a change in sentiment.
• The RSUs vest over four years (25% per year), so those shares are subject to future vesting schedule rather than immediate free stock.