Brummer Gregg 4
Research Summary
AI-generated summary
Republic Services EVP/COO Gregg Brummer Receives RSU Award
What Happened
- Gregg Brummer, Executive Vice President and Chief Operating Officer of Republic Services (RSG), was granted 53.91 restricted stock units (RSUs) on April 15, 2026. The award is reported as a derivative acquisition at an imputed price of $210.87 per share, for a total value of approximately $11,368. This was an issuance/award (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-15; Form 4 filed: 2026-04-17 (timely)
- Award: 53.91 RSUs; imputed value: $210.87 per share; total ≈ $11,368
- Transaction type: Award/Grant (derivative RSU award)
- Shares owned after the transaction: not specified in the provided filing excerpt
- Footnotes: F1 = based on 1-for-1 conversion; F2 = these RSUs represent dividend accruals on outstanding RSU awards that will vest/settle to the extent the underlying RSUs vest; F3 = a portion of the RSUs are held under the company’s Deferred Compensation Plan
Context
- RSU awards are compensation and typically vest over time; they are not an immediate cash purchase or sale. Because these units reflect dividend accruals on existing RSUs and some are held in a deferred compensation plan, the transaction is a routine compensation-related issuance rather than a signal of buying or selling intent.