Arambula Julia 4

What Happened

• Julia Arambula, Senior Vice President of Operations at Republic Services (RSG), had 12 restricted stock units (RSUs convertable to common shares) vest on 2026-03-01. The RSUs converted into 12 shares (no exercise price). To satisfy tax withholding on the vesting, the company withheld 12 shares at a closing price of $229.00, resulting in $2,748 withheld (transaction code F). The RSU conversion is reported as an exercise/conversion of a derivative (transaction code M).

Key Details

• Transaction date: 2026-03-01 (filed 2026-03-02 — timely)
• Conversion: 12 RSUs → 12 shares at $0 exercise price (code M)
• Tax withholding: 12 shares withheld at $229.00 each = $2,748 (code F)
• Remaining deferred RSUs: 296 RSUs remained deferred after 25% of the grant vested (per filing footnote)
• Each RSU equals the right to one common share (footnote)
• Shares owned after the transaction: not specified in the provided filing

Context

• This was a routine vesting and tax-withholding event, not an open-market sale or purchase. Withholding shares to cover taxes is a common cashless settlement method and does not necessarily signal a change in insider sentiment.