Republic Services Director Manuel Kadre Receives Dividend Equivalent RSUs

Executive Summary

On October 19, 2026, Republic Services, Inc. (NYSE: RSG) filed a Form 4 for Director Manuel Kadre. The report details an acquisition of 117.47 Restricted Stock Units (RSUs) on October 15, 2026, at an implied price of $229.65 per share, equating to a total value of approximately $26,976.99.

Transaction Details

• Security: Restricted Stock Units (convertible 1-for-1 to Common Stock)
• Transaction Code: 'A' (Award/Grant)
• Context: As noted in the footnotes, this acquisition represents dividend equivalents accrued on outstanding RSU awards that vest and settle alongside the underlying units.
• Post-Transaction Holdings: Following the transaction, Kadre directly holds 40,382.03 RSUs, with a portion held under the Company's Deferred Compensation Plan.

Market & Trading Significance

This transaction carries Low trading significance. It is an automated accrual of dividend equivalent units in connection with previously granted equity awards rather than an open-market discretionary purchase or sale. As such, it does not provide an incremental signal regarding insider sentiment or operational outlook.