Rodriguez Courtney 4

What Happened Courtney Rodriguez, Executive Vice President & Chief Human Resources Officer at Republic Services (RSG), had performance shares settled and was granted restricted stock units (RSUs) on 2026-02-19. She acquired 1,958 performance shares and was granted 1,444 RSUs (total 3,402 shares) based on the 02/19/2026 closing price of $221.63 (total value ≈ $753,985). To satisfy tax withholding on the settlement, 822 shares were withheld (disposed) valued at $182,180, leaving a net increase of 2,580 shares (≈ $571,805).

Key Details

• Transaction date: 2026-02-19; Filing date: 2026-02-23 (filed on time).
• Awards: 1,958 performance shares settled (A) and 1,444 RSUs granted (A, derivative).
• Tax withholding: 822 shares withheld (F) at $221.63 for $182,180 to cover tax liability.
• Valuation: Closing price used for calculations = $221.63 per share.
• Net shares acquired: 3,402 awarded − 822 withheld = 2,580 net shares (≈ $571,805).
• RSU vesting: RSUs vest 25% on each of the first four anniversaries of the 02/19/2026 grant date (each RSU converts to one share upon vesting).
• Footnotes: Settlement and RSU counts were calculated using the 02/19/2026 closing price; the 822-share disposition was a withholding to satisfy tax obligations (code F).

Context This was primarily an award/settlement event, not an open-market sale or purchase. The withholding of shares to cover taxes is a routine administrative step and does not necessarily indicate selling for cash market reasons. RSUs are time-based and will vest over the next four years (25% per year); the performance shares were settled immediately on 02/19/2026. No late filing was indicated.