Carlsen Elyse 4

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.