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RSGRepublic Services · Insider ownership research

Republic Services insiders sold $458K in the past 12 months. How much of their stake is that?

About 0.6% of the shares they held or received (after tax withholding) during the period. The usual measure, against starting holdings alone, can't be used here because most of the shares sold arrived during the period.

Updated Oct 9, 2026 from SEC filings · covers Oct 10, 2025 to Oct 9, 2026
How this comparesMore of their stake sold than at 96 of the 490 other companies we can measure (#395 of 491)See ranking
1
buyer among officers and directors (1 trade), past 12 months
0%
of sales were under disclosed trading plans, past 12 months
2 of 25
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 10, 2026 to Oct 9, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Aug 25, 2026Gregg Brummer had 219 shares ($48K) withheld by the company for taxes (not a market sale). That is 2.7% of the total stake held that day. 528 shares came in from vesting or option exercises the same day, so the holding rose by 309 net.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Gregg Brummer
EVP, COO
219$220.962.7%7.8KAug 25, 2026Aug 26, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? Less than usual: about one-fifteenth of the 5-year average. 2 insiders sold; the average is 4 a year. Year by year
Latest filing: Filed Aug 26 for a tax withholding on Aug 25. Gregg Brummer had 219 shares withheld by the company for taxes. Filing
185 SEC ownership filings in the period · See the evidence

What stands out

Katharine Weymouth bought 478 shares for $100K, first on Dec 9, 2025.Purchase, Dec 9, 2025
Tax withholding outweighed market sales: the company withheld $7.6M of officers' and directors' shares for taxes, against $458K sold on the open market. The largest was Ark Vander ($3.3M withheld).Largest withholding, Feb 19, 2026

Percentages cover 17 of 25 officers and directors. 8 are left out

i
Left out: Julia Arambula (holdings couldn't be fully reconciled); Manuel Kadre (most holdings were last confirmed in 2017); Jennifer Kirk and Michael Duffy (most holdings were last confirmed in 2023); Norman Linebarger, Jennifer Bell, Ian Craig and Kevin Vaughn (held no vested shares at the start).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is 100% of that person's own stake; not comparable between people. The stake is the vested shares held at the start of the period (Oct 9, 2025); the gold part is what they sold.

Sandra Volpe
Director
Sold $380K (plan status beside the amount). That is 46% of the shares held or received (after tax withholding) during the period†. A share of the starting stake is not shown: most of these shares arrived during the period. Why
$380KNo plan disclosed
Elyse Carlsen
CAO
Sold $78K (plan status beside the amount). That is 39% of the shares held or received (after tax withholding) during the period†. A share of the starting stake is not shown: most of these shares arrived during the period. Why
$78KNo plan disclosed
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

No plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNovDecJanFebMarAprMay 2026: $78K no plan disclosedMayJun 2026: $380K no plan disclosed$380KJunJulAugSepOct

Outside holders, reported separately

CASCADE INVESTMENT, L.L.C. and Ark Vander reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Republic Services CEO selling stock?

No. Ark Vander reported no open-market sales in the past 12 months.

Why are Republic Services insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Republic Services insiders buying?

Yes. 1 officer or director reported 1 purchase in the past 12 months (Form 4 code P, which includes private purchases).

How much of their stake did Republic Services insiders sell?

About 0.6% of the shares they held or received (after tax withholding) during the period. The usual measure, against starting holdings alone, can't be used here because most of the shares sold arrived during the period. That covers the 12 months to Oct 9, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold2 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Sandra Volpe
Director
$380K
1.8K shares
46%†
i
† Most of the shares Sandra Volpe sold arrived during the period, so this is shares sold as a share of the 179 held at the start plus the 3.7K received, less 0 withheld by the company for taxes.
No plan disclosed
Elyse Carlsen
CAO
$78K
360 shares
39%†
i
† Most of the shares Elyse Carlsen sold arrived during the period, so this is shares sold as a share of the 585 held at the start plus the 500 received, less 173 withheld by the company for taxes.
No plan disclosed

Sold by a charitable foundation the insider reports: Donor Advised Fund, reported by Ark Vander. A foundation's shares are not the insider's own stake, so they are left out of the figures above.

Outside holder, reported separately: CASCADE INVESTMENT, L.L.C. (a 10% owner, not part of management). No open-market sales reported in the period. Holds 117.06M shares. Latest filing

The full ownership picture24 of 25 insiders fully reconciled · 19 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 9, 2025SoldHeld Oct 9, 2026Still held
Ark Vander
i
Shares owned by Donor Advised Fund are a charitable foundation's, listed separately and not counted here.
CEO and President, Director
104K0126Kno sales
Vesting, gifts, unvested awards and holding lines for Ark Vander
+14Kshares vested or exercised
0gifted (net of own trusts)
−15Kwithheld by the company for taxes
323K → 399Kunvested awards, start → end
  • Shares owned by Donor Advised Fund are a charitable foundation's, listed separately and not counted here.
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock103,626126,125
Michael Larson
Director
57K058Kno sales
Vesting, gifts, unvested awards and holding lines for Michael Larson
+1.9Kshares vested or exercised
0gifted (net of own trusts)
210K → 293Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock56,56958,427
Catharine Ellingsen
i
Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
EVP/Chief Legal Officer/Sec
46K051Kno sales
Vesting, gifts, unvested awards and holding lines for Catharine Ellingsen
+4.1Kshares vested or exercised
0gifted (net of own trusts)
−3.7Kwithheld by the company for taxes
82K → 108Kunvested awards, start → end
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock46,27851,216

Additional holdings last reported Feb 18, 2020, not confirmed since: 15,919 shares. Not included in any total or percentage on this page.

Brian Bales
EVP, Chief Development Officer
21K021Kno sales
Vesting, gifts, unvested awards and holding lines for Brian Bales
+117shares vested or exercised
0gifted (net of own trusts)
−216withheld by the company for taxes
353K → 476Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock00
TrustCommon Stock21,01621,016
Tomago Collins
Director
20K020Kno sales
Vesting, gifts, unvested awards and holding lines for Tomago Collins
0shares vested or exercised
0gifted (net of own trusts)
59K → 59Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock20,09420,094
Brian DelGhiaccio
i
Includes unvested RSUs, amount not disclosed.
EVP Chief Financial Officer
13K017Kno sales
Vesting, gifts, unvested awards and holding lines for Brian DelGhiaccio
+3.4Kshares vested or exercised
0gifted (net of own trusts)
−5.6Kwithheld by the company for taxes
179K → 253Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock12,66117,204
James Snee
Director
12K014Kno sales
Vesting, gifts, unvested awards and holding lines for James Snee
+1.9Kshares vested or exercised
0gifted (net of own trusts)
32K → 42Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock12,08113,939
Amanda Hodges
EVP, Chief Commercial Officer
11K014Kno sales
Vesting, gifts, unvested awards and holding lines for Amanda Hodges
+2.3Kshares vested or exercised
0gifted (net of own trusts)
−2.1Kwithheld by the company for taxes
44K → 57Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock11,12413,921
Julia Arambula
!
Holdings couldn't be fully reconciled. A footnote describes a transfer or distribution between related entities, but the amounts could not be matched to the balance change. Largest: -2,001 shares on Jan 1, 2026 (Direct). See the filing Sales and other transactions for Julia Arambula are complete.
SVP Operations
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Julia Arambula
+1.8Kshares vested or exercised
0gifted (net of own trusts)
−1.5Kwithheld by the company for taxes
39K → 58Kunvested awards, start → end

Holdings couldn't be fully reconciled. A footnote describes a transfer or distribution between related entities, but the amounts could not be matched to the balance change. Largest: -2,001 shares on Jan 1, 2026 (Direct). The balances below are as reported, not verified totals.

Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock8,33012,261
Katharine Weymouth
Director
5.8K08.1Kno sales
Vesting, gifts, unvested awards and holding lines for Katharine Weymouth
+1.9Kshares vested or exercised
0gifted (net of own trusts)
43K → 53Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock5,2627,598
TrustCommon Stock540540
Larson Richardson
i
Includes unvested RSUs, amount not disclosed.
SVP Operations
4.9K06.6Kno sales
Vesting, gifts, unvested awards and holding lines for Larson Richardson
+759shares vested or exercised
0gifted (net of own trusts)
−1.4Kwithheld by the company for taxes
30K → 49Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 9, 2025Oct 9, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock1,7763,515
TrustCommon Stock3,0803,080
Gregg Brummer
EVP, COO
4.4K07.8Kno sales
Vesting, gifts, unvested awards and holding lines for Gregg Brummer
+2.8Kshares vested or exercised
0gifted (net of own trusts)
−2.4Kwithheld by the company for taxes
115K → 176Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock4,3677,757
Brian Tyler
Director
3.6K05.5Kno sales
Vesting, gifts, unvested awards and holding lines for Brian Tyler
+1.9Kshares vested or exercised
0gifted (net of own trusts)
30K → 41Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock55
TrustCommon Stock3,5945,452
Courtney Rodriguez
EVP, Chief HR Officer
3K05.2Kno sales
Vesting, gifts, unvested awards and holding lines for Courtney Rodriguez
+1.8Kshares vested or exercised
0gifted (net of own trusts)
−1.6Kwithheld by the company for taxes
35K → 49Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock2,9795,166
Thomas Handley
Director
2.1K02.1Kno sales
Vesting, gifts, unvested awards and holding lines for Thomas Handley
0shares vested or exercised
0gifted (net of own trusts)
69K → 95Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock2,0572,057
Elyse Carlsen
CAO
585−360552not meaningful
Vesting, gifts, unvested awards and holding lines for Elyse Carlsen
+473shares vested or exercised
0gifted (net of own trusts)
−173withheld by the company for taxes
6.2K → 9Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock585552
Sandra Volpe
Director
179−1.8K237not meaningful
Vesting, gifts, unvested awards and holding lines for Sandra Volpe
+1.9Kshares vested or exercised
0gifted (net of own trusts)
69K → 118Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock179179
TrustCommon Stock058
Margaret Reynolds
Director
370717no sales
Vesting, gifts, unvested awards and holding lines for Margaret Reynolds
+680shares vested or exercised
0gifted (net of own trusts)
8.5K → 14Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock37717
Jennifer Bell
EVP, Chief Marketing Officer
00659no sales
Vesting, gifts, unvested awards and holding lines for Jennifer Bell
+405shares vested or exercised
0gifted (net of own trusts)
−393withheld by the company for taxes
3.2K → 10Kunvested awards, start → end
Held throughShare classOct 9, 2025Oct 9, 2026
DirectCommon Stock0659

24 of 25 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (24 exactly, 0 with a minor or footnoted difference). For 1 we show sales but not holdings; the ! icon on that row explains why. Percentages cover 17 of 25 officers and directors. Left out: Julia Arambula (holdings couldn't be fully reconciled); Manuel Kadre (most holdings were last confirmed in 2017); Jennifer Kirk and Michael Duffy (most holdings were last confirmed in 2023); Norman Linebarger, Jennifer Bell, Ian Craig and Kevin Vaughn (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$458K of sales by plan status, purpose, seller and month

Officer and director open-market sales: $458K across 2,160 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $458K

Sales with no 10b5-1 plan and no tax reference in the filing. $380K of it is Sandra Volpe. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Sandra Volpe, Jun 11, 2026

Taxes

34,096 shares ($7.6M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 1 buyer (1 trade)

1 officer or director bought shares in this period, in 1 trade(Form 4 code P). Across all their filings on record there are 7 purchase trades.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Sandra Volpe
Director
1.8K$380K0%83%Jun 11, 2026 to Jun 11, 2026
Elyse Carlsen
CAO
360$78K0%17%May 19, 2026 to May 19, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$78K$0$0$78K
Jun 2026$380K$0$0$380K
Jul 2026$0$0$0$0
Aug 2026$0$0$0$0
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

Less than usual: about one-fifteenth of the 5-year average. 2 insiders sold; the average is 4 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 9, 2026
Latest 12 months
2.2K2$458K
Oct 9, 2025
1 year earlier
23K5$5.2M
Oct 9, 2024
2 years earlier
15K3$2.9M
Oct 10, 2023
3 years earlier
14K4$2.0M
Oct 10, 2022
4 years earlier
31K4$4.4M
Oct 10, 2021
5 years earlier
66K5$6.7M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty1 insider whose holdings couldn't be fully reconciled

Julia Arambula: holdings couldn't be fully reconciled (difference of 664 shares). A footnote describes a transfer or distribution between related entities, but the amounts could not be matched to the balance change. Largest: -2,001 shares on Jan 1, 2026 (Direct). Filing, Jan 1, 2026

Footnote: "On 02/23/2021 ("Date of Grant"), the Reporting Person was granted an award of 1,012 Restricted Stock Units ("RSUs") in accordance with the Company's 2021 Stock Incentive Plan, as amended. Prior to the Date of Grant, the Reporting Person elected to defer these 1,012 RSUs (minus shares withheld for taxes), in addition to all future divided equivalents, into the Company's Deferred Compensation Plan ("DCP"), to be received as a scheduled distribution within 60 days after 01/01/2026. As a result of the DCP election, the settlement of 1,041 RSUs (which includes 29 dividend equivalents) to shares of "

Inferred rename: "Shares Held by Spouse" is treated as the same holder as "Spouse", because the old name was never reported again and the new one opened with the same balance (60,000 shares). Old name, new name

Inferred rename: "Spouse" is treated as the same holder as "Spouse's Account", because the old name was never reported again and the new one opened with the same balance (60,000 shares). Old name, new name

Inferred rename: "Trust Account with Spouse" is treated as the same holder as "Shares held by Revocable Trust", because the old name was never reported again and the new one opened with the same balance (1,128 shares). Old name, new name

Inferred typo: the share class "Comnmon Stock" is treated as the same class as "Common Stock" on 1 holding line, because the two spellings are nearly identical and each balance carried over exactly. Example (James Crownover, 18,530 shares): old title, new title

Inferred typo: the share class "Conmon Stock" is treated as the same class as "Common Stock" on 1 holding line, because the two spellings are nearly identical and each balance carried over exactly. Example (Donald Slager, 281,946 shares): old title, new title

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology2,592 filings from SEC EDGAR, and how we read them

All 2,592 Forms 3, 4 and 5 filed for Republic Services (SEC CIK 1060391) from Jul 2, 1998 to Sep 14, 2026, retrieved from SEC EDGAR on Oct 9, 2026. Prices are the ones reported in each filing, often weighted averages. 35 older filings exist only on paper and could not be read.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (33)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Richard KangJul 17, 202414,350 shares, last reported balance as of Apr 24, 2024
Brian GoebelFeb 27, 20248,291 shares, last reported balance as of Jun 9, 2023
Katrina LiddellJul 31, 20234,426 shares, last reported balance as of Jul 30, 2023
Timothy StuartJul 18, 202329,396 shares, last reported balance as of May 12, 2023
Kim PegulaMay 16, 202317,454 shares, last reported balance as of May 12, 2023
Sumona De GraafApr 18, 20221,271 shares, last reported balance as of Feb 23, 2022
Jeffrey HughesFeb 25, 202213,604 shares, last reported balance as of Feb 23, 2022
Donald SlagerApr 19, 2021532,164 shares, last reported balance as of Feb 23, 2021
Charles SerianniMay 21, 202044,156 shares, last reported balance as of May 20, 2020
Ramon RodriguezApr 17, 2020No balance on record
John TraniApr 17, 202010,058 shares, last reported balance as of Dec 5, 2008
William FlynnApr 18, 201856,208 shares, last reported balance as of Jan 31, 2017
Wallace NutterApr 19, 201755,037 shares, last reported balance as of Jan 31, 2017
James CrownoverApr 19, 201733,979 shares, last reported balance as of Mar 3, 2014
Ann DunwoodyApr 19, 201711,103 shares, last reported balance as of Jan 31, 2017
Michael RissmanJun 13, 201629,702 shares, last reported balance as of Jun 10, 2016
Robert MarusterApr 19, 20163,443 shares, last reported balance as of Feb 13, 2016
Allan SorensenApr 17, 20158,270 shares, last reported balance as of Jan 30, 2015
Glenn CulpepperJul 17, 20146,620 shares, last reported balance as of Feb 8, 2014
Nolan LehmannApr 17, 201484,935 shares, last reported balance as of Feb 11, 2013
Michael WickhamJan 17, 2014No balance on record
Robert BoucherJul 17, 20138,482 shares, last reported balance as of Feb 10, 2013
Tod HolmesJan 11, 201392,617 shares, last reported balance as of Jan 9, 2013
John CroghanApr 18, 2012150,000 shares, last reported balance as of Mar 1, 2012
Kevin WalbridgeOct 19, 20114,619 shares, last reported balance as of Oct 17, 2011
David FoleyApr 21, 20116,934 shares, last reported balance as of Dec 8, 2008
James OconnorApr 19, 2011165,133 shares, last reported balance as of Jan 1, 2011
BILL & MELINDA GATES FOUNDATION TRUSTJan 8, 20091,350,000 shares, last reported balance as of Jan 6, 2009
Timothy DonovanDec 16, 200834,551 shares, last reported balance as of Dec 9, 2008
David BarclayDec 9, 2008159,866 shares, last reported balance as of Apr 15, 2008
Michael CordesmanDec 9, 2008163,387 shares, last reported balance as of Jul 15, 2008
Harris HudsonDec 9, 20081,239 shares, last reported balance as of Dec 5, 2008
Wayne HuizengaFeb 9, 20043,000 shares, last reported balance as of Feb 5, 2004

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