REPUBLIC SERVICES, INC.·4

Feb 3, 8:25 PM ET

Weymouth Katharine 4

Research Summary

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Republic Services Director Katharine Weymouth Converts 1,858 RSUs

What Happened
Katharine Weymouth, a non-management director of Republic Services (RSG), had 1,858 restricted stock units (RSUs) converted into 1,858 shares of common stock effective 01/31/2026. The conversion is recorded as an exercise/conversion of a derivative (transaction code M) at an exercise price of $0.00, so there were no cash proceeds. The settled RSU amount included dividend equivalents that increased the original grant amount.

Key Details

  • Transaction date: 2026-01-31 (settlement effective). Form 4 filed: 2026-02-03. Filing appears timely.
  • Transaction type/code: Exercise/conversion of derivative (M) — RSUs converted to common stock.
  • Shares converted/acquired: 1,858 shares; exercise price reported $0.00; reported value $0.
  • Shares disposed line: The filing also shows a corresponding disposition of the derivative instrument (1,858 RSUs) at $0.00 (this is the RSU-to-stock settlement entry).
  • Post-transaction holdings: Not specified in the provided filing excerpt.
  • Footnotes: Original grant dated 01/03/2023 for 1,788 RSUs that vested immediately but were not convertible until the earlier of the 3‑year anniversary or separation from service; dividend equivalents were included in the settlement, resulting in 1,858 RSUs converted. Conversion based on 1-for-1.

Context
This was a routine settlement of previously granted, vested RSUs into common shares (not an open-market purchase or sale). Because there was no sale, the transaction does not represent a change in market exposure from a sale; it represents compensation/award settlement. Such conversions of RSUs are common for directors and are typically part of regular equity compensation.