HANDLEY THOMAS W 4
Research Summary
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Republic Services (RSG) Director Thomas Handley Receives RSU Award
What Happened
- Thomas W. Handley, a director of Republic Services, received an award of 71.47 restricted stock units (RSUs) on July 15, 2026. The filing values each share at $217.34, for a total reported value of $15,533. This transaction is coded as an acquisition/award (A) of a derivative security (RSUs), not an open-market purchase.
Key Details
- Transaction date and filing: Award dated 2026-07-15; Form 4 filed 2026-07-17 (timely).
- Units and value: 71.47 RSUs @ $217.34 per share = $15,533 total.
- Security type: Derivative (Restricted Stock Units) that will convert 1-for-1 into shares upon vesting (Footnote F1).
- Footnote highlights:
- F2: These RSUs represent additional units accrued as dividend equivalents on outstanding RSU awards and 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.
- Shares owned after transaction: Not disclosed in this Form 4.
Context
- This was a compensation-related award (RSU grant/dividend accrual), a routine insider receipt rather than a market purchase or sale. RSUs are derivative awards that convert to common stock when they vest; they do not by themselves signal an immediate buy or sell in the market.