Richardson Larson 4

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.