Republic Services (RSG) EVP Catharine Ellingsen Receives RSU Award
$RSG · REPUBLIC SERVICES, INC.Research Summary
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Republic Services (RSG) EVP Catharine Ellingsen Receives RSU Award
What Happened
Catharine D. Ellingsen, EVP and Chief Legal Officer of Republic Services (RSG), was granted restricted stock units (RSUs) on July 15, 2026. Two awards were reported: 23.71 RSUs at $217.34 each (reported value $5,153) and 60 RSUs at $217.34 each (reported value $13,040), for a total of 83.71 RSUs worth roughly $18,193. These are reported as derivative awards (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date: 2026-07-15; Filing date: 2026-07-17 (filed within the typical 2-business-day Form 4 window).
- Price per unit: $217.34; Total reported value ≈ $18,193.
- Shares owned after transaction: Not disclosed in the provided data.
- Footnotes of note:
- F1: RSUs convert on a 1-for-1 basis to common shares.
- F2: Some RSUs represent dividend equivalents accrued on outstanding RSU awards.
- F3: A portion of RSUs are held under the Company’s Deferred Compensation Plan.
- F4: Ms. Ellingsen holds units in the Republic Services Stock Investment Fund (a measurement fund) that are equal in value to common shares, settled in cash and receive dividend equivalents.
- Transaction code: A = Award/Grant (derivative), not a sale or open-market buy.
Context
These awards are compensation-related RSUs/stock units (derivative awards) that will convert 1:1 to shares upon vesting or may be settled in cash per plan terms. Such grants are routine executive compensation and do not by themselves indicate a buy or sell signal in the open market.