Bell Jennifer Lynn 4
4 · REPUBLIC SERVICES, INC. · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
Republic Services (RSG) EVP Jennifer Bell Receives RSU Vesting
What Happened
Jennifer Lynn Bell, Executive Vice President and Chief Marketing Officer of Republic Services (RSG), had 202.25 restricted stock units (RSUs) vest on 2026-05-01 and received those RSUs in the form of common stock. To cover the tax liability on the vesting, 97.79 of the shares were withheld (disposed) at a closing price of $206.56 per share, equal to $20,200. Net shares delivered to Bell were 104.46 shares (202.25 vested minus 97.79 withheld).
Key Details
- Transaction date: 2026-05-01; Form 4 filed 2026-05-04 (no late filing indicated in the provided report).
- Vesting: 202.25 RSUs vested and were paid in common stock (transaction code M — exercise/conversion of derivative).
- Tax withholding: 97.79 shares withheld to satisfy tax liability (transaction code F), fair market value $206.56 per share, total $20,200.
- Net shares received: 104.46 shares.
- Footnotes: F1 — these RSUs were part of a grant on 05/01/2025 that vests 25% annually; F2 — withholding represents shares exchanged to cover taxes at the closing price on 05/01/2026; F3 — each RSU equals one share of common stock.
- Shares owned after transaction: Not specified in the excerpt provided.
Context
This was an RSU vesting event, not an open-market buy or a discretionary sale. The withholding of shares to cover taxes is a routine administrative step (a cashless tax withholding) and should not be interpreted as a separate investment decision.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-05-01+202.25→ 652.25 total - Tax Payment
Common Stock
[F2]2026-05-01$206.56/sh−97.79$20,200→ 554.46 total - Exercise/Conversion
Common Stock
[F1]2026-05-01+202.25→ 756.71 total - Tax Payment
Common Stock
[F2]2026-05-01$206.56/sh−97.79$20,200→ 658.92 total - Exercise/Conversion
Restricted Stock Units
[F3][F1]2026-05-01−202.25→ 608.73 total→ Common Stock (202.25 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F1]2026-05-01−202.25→ 608.73 total→ Common Stock (202.25 underlying)
Footnotes (3)
- [F1]The Restricted Stock Units ("RSUs") granted on 05/01/2025 vest 25% on each of the first four anniversaries of the date of grant. 202.25 RSUs, that included accrued dividend equivalents, automatically vested on 05/01/2026 and were paid out in the form of Republic Services, Inc.'s common stock.
- [F2]Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of shares under a Restricted Stock Unit award on 05/01/2026. The fair market value of the exchanged shares was $206.56 (the closing price of Republic Services, Inc.'s common stock on 05/01/2026).
- [F3]Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.