DelGhiaccio Brian M 4

What Happened

• Brian M. DelGhiaccio, CFO of Republic Services, had 904 Restricted Stock Units (RSUs) vest on 2026-03-01 and they were converted into 904 shares of common stock. To satisfy tax withholding, 496 of those shares were surrendered to the company (disposed) at a fair market value of $229.00 per share. The total value of the vested shares was about $207,016; tax withholding equaled $113,584, leaving a net 408 shares retained valued at about $93,432.

Key Details

• Transaction date: 2026-03-01; Form 4 filed: 2026-03-02 (timely filing).
• Vesting event: 904 RSUs converted to 904 common shares (SEC code M).
• Tax withholding: 496 shares surrendered (SEC code F) at $229.00/share = $113,584.
• Fair market value used: $229.00 per share (closing price on 2026-02-27, per filing).
• Net shares delivered to the insider: 408 shares (904 vested − 496 withheld) ≈ $93,432.
• Footnotes: RSUs were granted 03/01/2024 and vest 25% annually; each RSU equals one share; withholding shares satisfied tax liability.
• Shares owned after transaction: not disclosed in the provided filing excerpt.

Context

• This was an RSU vesting and share-withholding to cover taxes (not an open-market sale). Code M indicates conversion of a derivative award (RSUs) into shares; code F indicates shares were used to satisfy tax obligations. Such withholding is routine and does not necessarily indicate a trading decision about the company stock.