Carlsen Elyse 4
4 · REPUBLIC SERVICES, INC. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Republic Services (RSG) CAO Elyse Carlsen Receives Stock Awards
What Happened
Elyse Carlsen, Chief Accounting Officer of Republic Services (RSG), was awarded performance shares and restricted stock units on 02/19/2026. Specifically, 266 performance share units (PSUs) were earned (valued at $221.63 each — ≈ $58,954 total) and the reporting person elected to defer 100% of that grant under the company’s Deferred Compensation Plan (DCP). To satisfy withholding, 27 shares were surrendered at $221.63 each for $5,984. In addition, 339 restricted stock units (RSUs) were granted on the same date (valued at $221.63 each — ≈ $75,133); these RSUs are subject to a four‑year vesting schedule and were also elected to be deferred under the DCP.
Key Details
- Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (timely filing).
- Prices used: closing price on 02/19/2026 = $221.63 per share.
- Grants/changes reported:
- 266 PSUs earned (≈ $58,954); 27 shares withheld for taxes (27 × $221.63 = $5,984) and 239 PSUs deferred (derivative).
- 339 RSUs granted (≈ $75,133); RSUs vest 25% annually over 4 years and are deferred per the DCP.
- Transaction codes: A = award/grant, F = payment for tax liability (withholding).
- Footnotes: F1 confirms 266 PSUs earned and deferred less taxes; F2 references an earlier tax satisfaction on 02/18/2025 (shares exchanged at $228.55); F3 describes the RSU vesting; F4 notes a 1-for-1 conversion basis.
- Shares owned after transaction: not provided in the supplied filing excerpt.
Context
This filing reports equity awards and routine tax withholding rather than an open‑market buy or sale. PSUs reflect performance‑based awards (here earned) and RSUs are time‑based awards that vest over several years — both can be deferred under the company’s DCP, so they do not represent immediate purchases or sales of stock available on the market. Routine withholding to cover taxes is common and does not, by itself, signal a change in insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-19+27→ 779 total - Tax Payment
Common Stock
[F2]2026-02-19$221.63/sh−27$5,984→ 752 total - Award
Restricted Stock Units
[F3]2026-02-19+339→ 339 total→ Common Stock (339 underlying) - Award
PSU Shares Deferred to DCP
[F4][F1]2026-02-19+239→ 239 total→ Common Stock (239 underlying)
Footnotes (4)
- [F1]266 performance shares ("PSUs") were earned as of 02/19/2026 pursuant to the Republic Services, Inc. 2021 Stock Incentive Plan based on Republic's closing stock price on 02/19/2026 ($221.63). The Reporting Person elected to defer 100% of the grant, less taxes, pursuant to the Republic Services, Inc. Deferred Compensation Plan (the "DCP").
- [F2]Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the settlement of performance shares on 02/18/2025. The fair market value of the exchanged shares was $228.55 (the closing price of Republic Services, Inc.'s common stock on 02/18/2025).
- [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). This grant is subject to the Republic Services, Inc. Deferred Compensation Plan as elected by the Reporting Person.
- [F4]Based on 1 on 1 conversion.