01/20/2026 | Press release | Distributed by Public on 01/20/2026 19:08
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Performance Shares (PSUs) | (3) | 12/22/2025 | M | 390 | (1) | (1) | Common Stock | 390 | $ 0 | 3,535 | D | ||||
| Restricted Stock Units | (3) | 01/15/2026 | A | 19.14 | (4) | (4) | Common Stock | 19.14 | $210.79 | 6,552.02(5)(6) | D | ||||
| Performance Shares (PSUs) | (3) | 01/15/2026 | A | 10 | (7) | (7) | Common Stock | 10 | $210.79 | 3,545 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Arambula Julia C/O REPUBLIC SERVICES, INC. 5353 E. CITY NORTH DRIVE PHOENIX, AZ 85054 |
SVP Operations | |||
| /s/ Lauren McKeon, Attorney-in-Fact | 01/20/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | These performance shares (PSUs), which include 23 accrued dividend equivalents, were earned as of 02/14/2020 per the Republic Services, Inc. Amended and Restated 2007 Stock Incentive Plan. Such PSUs were deferred under the Republic Services, Inc. Deferred Compensation Plan (DCP) as elected by the Reporting Person. As a result of the DCP election, 390 PSUs were distributed out of the DCP and settled to shares of the Company's common stock effective 12/22/2025. |
| (2) | Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the settlement of the performance shares on 12/22/2025. The fair market value of the exchanged shares was $212.92 (the closing price of Republic Services, Inc.'s common stock on 12/22/2025). |
| (3) | Based on 1 on 1 conversion. |
| (4) | 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. |
| (5) | A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan. |
| (6) | Total reflects a reduction by 1.45 RSUs due to recalculation of prior rounding. |
| (7) | 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. |