Bell Jennifer Lynn 4

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.