Bell Jennifer Lynn 4
4 · REPUBLIC SERVICES, INC. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Republic Services (RSG) EVP Jennifer Bell Receives Stock Awards
What Happened
Jennifer Lynn Bell, EVP & Chief Marketing Officer of Republic Services (RSG), received equity awards on 2026-02-19 consisting of: 647 performance shares that settled into common stock and 1,029 Restricted Stock Units (RSUs) granted. The awards were calculated using Republic's $221.63 closing price on 02/19/2026, giving a combined grant value of roughly $371,452. To satisfy tax withholding on the settled performance shares, 197 shares were surrendered (disposed) with a reported value of $43,661.
Key Details
- Transaction date: 2026-02-19; filing date: 2026-02-23 (filed within reporting window).
- Price / valuation: awards valued using closing price $221.63 per share. Awards reported as $0 acquisition price (grant); tax withholding disposal valued at ~$221.63 per share.
- Shares involved: 647 performance shares settled (acquired), 1,029 RSUs granted (derivative award), 197 shares surrendered to cover taxes (disposed).
- Post-transaction holdings: not specified in the provided filing excerpt.
- Footnotes:
- Performance shares settled based on the 02/19/2026 closing price (F1).
- 197 shares were exchanged to satisfy the reporting person's tax liability on settlement (F2).
- The 1,029 RSUs vest 25% on each of the first four anniversaries of the 02/19/2026 grant date and will be paid in common stock; a portion was elected to be deferred under the company's Deferred Compensation Plan (F3).
- Transaction codes: A = award/grant, F = shares withheld/surrendered for tax withholding.
Context
These transactions primarily reflect standard compensation practices (award grants and tax withholding on settlement) rather than open-market buying or selling by the insider. The RSUs are time‑based awards that vest over four years; the performance shares were settled and partially withheld for taxes. Such awards are common for executive compensation and do not, by themselves, indicate a personal market purchase or sale decision.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-19+647→ 647 total - Tax Payment
Common Stock
[F2]2026-02-19$221.63/sh−197$43,661→ 450 total - Award
Restricted Stock Units
[F3]2026-02-19+1,029→ 1,029 total→ Common Stock (1,029 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). Reporting Person elected to defer a portion of this grant in accordance with the Republic Services, Inc. Deferred Compensation Plan.