=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-08-14
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: REPUBLIC SERVICES, INC. (RSG)
CIK: 0001060391
--- Reporting Owner ---
Name: CASCADE INVESTMENT, L.L.C.
CIK: 0001052192
Role: 10%+ Owner
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common stock
Date: 2026-08-14 | Code: P (Open market purchase)
Shares: +49,521 | Price: $215.27
Total Value: $10,660,316.34
Shares Owned After: 111,718,127 | Ownership: D (Direct)
Footnotes:
[F1] This transaction was executed in multiple trades at prices ranging from $214.6200 to $215.6100. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
[Transaction #2]
Security: Common stock
Date: 2026-08-14 | Code: P (Open market purchase)
Shares: +99,729 | Price: $215.96
Total Value: $21,537,265.41
Shares Owned After: 111,817,856 | Ownership: D (Direct)
Footnotes:
[F2] This transaction was executed in multiple trades at prices ranging from $215.6200 to $216.5700. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
[Transaction #3]
Security: Common stock
Date: 2026-08-17 | Code: P (Open market purchase)
Shares: +100 | Price: $213.00
Total Value: $21,300.00
Shares Owned After: 111,817,956 | Ownership: D (Direct)
[Transaction #4]
Security: Common stock
Date: 2026-08-17 | Code: P (Open market purchase)
Shares: +108,545 | Price: $214.62
Total Value: $23,296,427.21
Shares Owned After: 111,926,501 | Ownership: D (Direct)
Footnotes:
[F3] This transaction was executed in multiple trades at prices ranging from $214.0700 to $214.9950. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
[Transaction #5]
Security: Common stock
Date: 2026-08-17 | Code: P (Open market purchase)
Shares: +98,155 | Price: $215.25
Total Value: $21,128,197.48
Shares Owned After: 112,024,656 | Ownership: D (Direct)
Footnotes:
[F4] This transaction was executed in multiple trades at prices ranging from $215.0000 to $215.8600. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
--- Footnotes (Complete Index) ---
F1: This transaction was executed in multiple trades at prices ranging from $214.6200 to $215.6100. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F2: This transaction was executed in multiple trades at prices ranging from $215.6200 to $216.5700. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F3: This transaction was executed in multiple trades at prices ranging from $214.0700 to $214.9950. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F4: This transaction was executed in multiple trades at prices ranging from $215.0000 to $215.8600. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
--- Signature ---
/s/ Cascade Investment, L.L.C. by: /s/ Alan Heuberger, Attorney-in-fact for Michael Larson, Business Manager (2026-08-18)
