Carlsen Elyse 4

What Happened

• Elyse Carlsen, Chief Administrative Officer (CAO) of Republic Services (RSG), had 219 Restricted Stock Units (RSUs) vest on 2026-03-01. The vested RSUs were paid in common stock. Of those, 59 shares were withheld to cover tax liabilities (22 + 37 shares), valued at $229.00 per share, for a withholding total of $13,511. After withholding, Carlsen received a net 160 shares. The gross value of the vested shares at the $229.00 closing price was about $50,151; net shares retained are worth roughly $36,640.

Key Details

• Transaction date: 2026-03-01; Form 4 filed: 2026-03-02 (timely filing).
• Vesting/settlement: 219 RSUs settled into common stock (82 + 137 RSUs).
• Tax withholding: 59 shares withheld (22 + 37), fair market value used: $229.00 (closing price on 02/27/2026); withholding value = $13,511.
• Net shares received: 160 shares (219 vested − 59 withheld).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: RSUs were granted 03/01/2024 and vest 25% annually over four years; each RSU = right to one share. Withholding reflects routine tax satisfaction on vesting.
• Transaction codes: M = conversion/exercise of derivative (RSU settlement); F = payment to satisfy tax liability.

Context

• This was an RSU vesting settled in stock with shares withheld to cover taxes (a common, routine administrative action), not an open-market buy or sell that indicates a trading decision. The filing shows a net increase in the insider’s common shares by 160 shares. For retail investors, vesting/withholding transactions are primarily compensation events and should be interpreted differently than discretionary purchases or sales.