Vaughn Kevin G. 4

What Happened

• Kevin G. Vaughn, Senior Vice President — Operations at Republic Services (RSG), was granted restricted stock units (RSUs) on 2026-05-01. The filing shows two awards: 4,696 RSUs and 1,066 RSUs (total 5,762 RSUs). The RSUs were reported as derivative awards (transaction code A) and were valued using Republic's closing price on 05/01/2026 ($206.56), implying a grant-date value of roughly $1.19 million. The report lists acquisition price as $0.00, which is standard for compensated equity awards.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-04 (timely).
• Awards: 4,696 RSUs and 1,066 RSUs (total 5,762 RSUs); grant-date valuation ≈ $1,190,199 (5,762 × $206.56).
• Price shown: $0.00 (award/grant — no cash purchase).
• Vesting: 25% on each of the first four anniversaries of the 05/01/2026 grant date (per footnote).
• Dividend treatment: RSUs receive quarterly dividend equivalents and will convert 1:1 into common shares upon payout.
• Shares owned after transaction: not stated in the provided filing excerpt.

Context

• This is an equity compensation grant (not a market purchase or sale). Grants are routine for executive compensation and do not by themselves indicate a buy/sell market signal until/if shares are sold or retained after vesting.
• Because these are RSUs (derivative awards), they will convert into actual shares over time per the vesting schedule; dividend equivalents are paid into the award and settled in shares.