Bales Brian A 4
4 · REPUBLIC SERVICES, INC. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Republic Services (RSG) EVP Brian Bales Receives RSU Awards
What Happened
- Brian A. Bales, Executive Vice President and Chief Development Officer of Republic Services, received three restricted stock unit (RSU) awards on April 15, 2026. The grants total 399.82 RSUs (198.82, 83, and 118 units), each priced at $210.87, with aggregate reported value of $84,310. These are recorded as derivative acquisitions (transaction code A — award/grant).
Key Details
- Transaction date and price(s): 2026-04-15; 198.82 RSUs @ $210.87 ($41,925), 83 RSUs @ $210.87 ($17,502), 118 RSUs @ $210.87 ($24,883).
- Total awarded: 399.82 RSUs, total reported value ~$84,310.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Filing date: Form 4 filed 2026-04-17 (appears within the standard 2-business-day reporting window).
- Footnotes of note:
- F1: Awards convertible on a 1-for-1 basis to common shares.
- F2/F5: Some units represent dividend equivalents credited on RSUs/PSUs and will vest/settle to the extent the underlying awards vest.
- F3/F4: A portion of the RSUs are held or deferred under the Company’s Deferred Compensation Plan; some units in an Investment Fund are measured to stock value but settled in cash and receive dividend equivalents.
- Transaction type: Award/grant (not a market purchase or sale).
Context
- These were RSU awards and dividend-equivalent units (derivative instruments), not open-market purchases or sales; such awards are compensation-related and don’t necessarily signal the insider’s buy/sell market sentiment.
- Because some units are deferred or settled in cash (per footnotes), actual share issuance or cash settlement may occur later and can depend on vesting, plan elections, and performance-vesting conditions.
Insider Transaction Report
Form 4
Bales Brian A
EVP, Chief Development Officer
Transactions
- Award
Restricted Stock Units
[F1][F2][F3]2026-04-15$210.87/sh+198.82$41,925→ 67,306.48 total→ Common Stock (198.82 underlying) - Award
Stock Units
[F4]2026-04-15$210.87/sh+83$17,502→ 28,110 total→ Common Stock (83 underlying) - Award
Performance Shares (PSUs)
[F1][F5]2026-04-15$210.87/sh+118$24,883→ 39,836 total→ Common Stock (118 underlying)
Footnotes (5)
- [F1]Based on 1 on 1 conversion.
- [F2]Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards that will vest and be settled to the extent the RSU is vested and settles.
- [F3]A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
- [F4]The Reporting Person holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund") pursuant to his election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.
- [F5]Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.
Signature
/s/ Lauren McKeon, Attorney-in-Fact|2026-04-17