LARSON MICHAEL 4

What Happened Michael Larson, a director of Republic Services (RSG), was granted 118.71 restricted stock units (RSUs) on April 15, 2026. The grant is reported as a derivative award valued at approximately $25,032, based on a per-share value of $210.87. This was an award/grant (not an open-market purchase or sale) — typical compensation rather than a directional trading signal.

Key Details

• Transaction type and date: Award/Grant (code A) on 2026-04-15; reported on Form 4 filed 2026-04-17.
• Amount and value: 118.71 RSUs at $210.87 per share, total ~$25,032.
• Shares owned after transaction: Not stated in the provided filing.
• Footnotes: F1 = based on 1-for-1 conversion to common shares; F2 = includes additional RSUs accrued as dividend equivalents that will vest/settle to the extent the underlying RSU vests.
• Timeliness: Filing was submitted two days after the transaction date, generally within the normal Form 4 reporting window.

Context RSU awards are common executive/director compensation and typically vest over time; they do not represent an immediate cash purchase or sale. The filing indicates derivative RSUs (convertible 1:1 to shares) and includes dividend-accrual RSUs, which are additional units credited as dividend equivalents. These awards should be viewed as compensation disclosure rather than a direct endorsement or rejection of the stock by the insider.