Republic Services (RSG) EVP/COO Gregg Brummer Receives RSUs; Shares Withheld

What Happened
Gregg Brummer, EVP and COO of Republic Services (RSG), had 528 restricted stock units (RSUs) vest on 2026-08-25. The vested RSUs were converted into 528 shares of common stock (valued at $220.96 per share, or about $116,667 total). To cover the tax withholding obligation, 219 of those shares were surrendered (withheld), resulting in a net receipt of 309 shares. The withheld shares satisfied a tax liability of $48,390.

Key Details

• Transaction date: 2026-08-25; Form 4 filed 2026-08-26 (appears timely).
• Vesting: 528 RSUs converted to 528 shares at $0 exercise price (RSUs convert to shares on vesting).
• Tax withholding: 219 shares withheld at $220.96/share (closing price on 08/25/2026), proceeds ≈ $48,390.
• Net shares delivered to insider: 309 shares (528 vested − 219 withheld).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: RSUs were granted 08/25/2023 and vest 25% each year; each RSU equals one share; withheld shares were used to satisfy tax withholding.

Context
This was a routine RSU vesting and tax-withholding transaction—not an open-market sale or hedge trade. The filing shows conversion of RSU derivatives into common stock and the common practice of share withholding to cover taxes (transaction codes M for conversion/exercise and F for tax withholding). Such withholdings are standard and do not necessarily indicate a change in the insider’s view of the company.