Richardson Larson 4
4 · REPUBLIC SERVICES, INC. · Filed Jul 17, 2026
Research Summary
AI-generated summary of this filing
Republic Services SVP Richardson Larson Receives RSU Awards
What Happened
Richardson Larson, Senior Vice President of Operations at Republic Services (RSG), was granted a total of 27.5 restricted stock units (RSUs) on July 15, 2026. The grant breaks down as 20.5 RSUs at $217.34 each (valued at $4,455), 5 RSUs at $217.34 ($1,087), and 2 RSUs at $217.34 ($435), for an aggregate value of approximately $5,977. These entries are recorded as awards (derivative securities) rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-07-15; Form 4 filed 2026-07-17 (timely filing).
- Transaction type/code: A = Grant/Award of derivative securities (RSUs).
- Grant specifics: 20.5 RSUs @ $217.34 ($4,455); 5 RSUs @ $217.34 ($1,087); 2 RSUs @ $217.34 ($435).
- Shares owned after transaction: Not provided in the supplied filing details.
- Notable footnotes:
- F1: RSUs convert on a 1-for-1 basis to common shares.
- F2/F4: Some units represent dividend equivalents accrued on RSUs/PSUs that will vest/settle if the underlying awards vest.
- F3/F5: A portion of units are held or deferred under the Company’s Deferred Compensation Plan and the Republic Services Stock Investment Fund (a measurement fund settled in cash and credited with dividend-equivalent units).
- Tax withholding or specific vesting schedule not detailed in the provided excerpt.
Context
These entries reflect compensation awards (RSUs and dividend-equivalent units) granted to an executive and are not open-market purchases or sales. Many of the units are deferred or tied to vesting/performance conditions and some are held under the company’s deferred compensation arrangements, meaning they may be settled in cash or shares later depending on plan rules and vesting. Such grants are routine components of executive pay and do not, by themselves, indicate buying or selling sentiment.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-07-15$217.34/sh+20.5$4,455→ 6,972.94 total→ Common Stock (20.5 underlying) - Award
Performance Shares (PSUs)
[F1][F4]2026-07-15$217.34/sh+5$1,087→ 1,886 total→ Common Stock (5 underlying) - Award
Stock Units
[F5]2026-07-15$217.34/sh+2$435→ 558 total→ Common Stock (2 underlying)
Footnotes (5)
- [F1]Based on 1 on 1 conversion.
- [F2]Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards that will vest and be settled to the extent the RSU is vested and settles.
- [F3]A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
- [F4]Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.
- [F5]The Reporting Person holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund") pursuant to his election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.