RSG REPUBLIC SERVICES, INC. Insider Trading

Cascade Investment (10% owner) bought 488,000 shares at RSG for $101,838,396.17 across 14 trades, May 14–18.

Cascade Investment, LLC purchased 488,000 shares totaling $101,838,396.17 across 14 separate transactions between May 14 and May 18, 2026, at prices ranging from $206.71 to $215.11—near the current price of $214.52 but -17.1% from the 52-week high of $258.75. The multi-tranche structure over five days suggests a methodical accumulation by a major shareholder whose holdings increased from 110,315,982 shares to 110,803,982 shares. However, Cascade's prior buy at RSG on 2025-08-19 experienced a 90-day return of -10.7%, and across his open-market history, 0 of 1 prior buys were well-timed at the 90-day mark with an average 90-day win rate of 0.00%. The current purchase occurs at a company trading at a P/E of 30.43 with annual revenue growth of +3.3%—positioning that merits monitoring against the insider's historical lack of well-timed entry execution.

Cascade Investment, 10% owner, purchases 499,150 RSG shares across seven transactions totaling ~$100.5M while stock trades well below 52-week highs.

Cascade Investment, LLC, a 10% institutional owner of Republic Services, executed eight open-market purchases at RSG over roughly nine months, with seven transactions occurring within a single three-day window in May 2026 totaling approximately $100.5 million. The timing coincided with the stock trading meaningfully below its 52-week high and down over the prior quarter, while the company remains fundamentally profitable with steady revenue growth. However, the prior open-market purchase by Cascade at RSG on August 2025 was followed by a decline in the stock over both the 30-day and 90-day periods, establishing a pattern of uniformly poor timing on previous open-market buys at this ticker. The scale of this accumulation—adding roughly half a million shares to an existing position of over 109 million—represents significant capital deployment by the institutional holder, though the repetition of buying into weakness without prior success raises questions about the basis for these purchases.

Director Weymouth Katharine buys 478 RSG shares at $209.46 (+$100.1K); stock down -18.2% from 52-week high.

Weymouth Katharine, a director at Republic Services, purchased 478 shares at $209.46 on 2025-12-09, increasing her holdings by 9.1% to 5,740 shares. The transaction occurs with the stock trading 18.2% below its 52-week high of $258.07, and the current price of $211.18 is only 0.8% above the purchase price. Her prior purchase at RSG on 2024-06-04 achieved a 90-day return of +12.4%, and her broader cross-ticker track record shows an average 90-day win rate of 33.33%. The company's fundamentals remain solid with $4.8B in quarterly revenue and a P/E of 31.01, though the stock has declined 7.6% over the past 90 days.

EVP Brummer sells 7,338 RSG shares at $233.94; reduces stake 62.7% to 4,367 shares post-transaction

Gregg Brummer, EVP and COO, executed a substantial open-market sale of 7,338 shares on 2025-08-22 at $233.94, totaling $1,716,651.72, reducing his post-transaction holdings to 4,367 shares. His prior two sales at RSG (both on 2025-02-19) saw the stock post positive 90-day returns of 10.5% and 10.4% respectively, indicating those sales were poorly timed; his cross-ticker sell track record also shows an average 90-day return of +10.5%, a pattern of selling into strength. The current price of $234.33 is only 9 basis points above the transaction price but sits -9.2% from the 52-week high and down 4.4% over 30 days, placing the stock in a period of relative weakness since the sale. The company's P/E of 34.46 against $4.9B quarterly revenue and $549.9M net income reflects a mature, established waste-services business; the 62.7% reduction in personal holdings is the material signal warranting observation, though the insider's historical timing accuracy (0 of 2 well-timed sells at RSG; 0.00% well-timed rate across all tickers) provides limited conviction regarding directional intent.

CASCADE INVESTMENT (10% owner) bought 4,258 shares of RSG at $234.91; now holds 109,816,832 shares.

CASCADE INVESTMENT, L.L.C., a 10% owner of Republic Services, purchased 4,258 shares at $234.91 on 2025-08-19, adding $1,000,244.65 in value while incrementally increasing holdings from 109,812,574 to 109,816,832 shares—a +0.0% change to an already dominant position. The purchase occurs with the stock trading 8.8% below its 52-week high and down 2.8% over the past 30 days, and occurs within the context of a company reporting strong fundamentals: $4.9B quarterly revenue with 6.6% annual growth and $549.9M net income. The scale of the transaction relative to the filer's existing 109.82M-share block suggests routine portfolio maintenance rather than a material expansion of conviction.

RSG COO Brummer Gregg sold 6,293 shares for $1.4M on 2025-02-19; holdings cut 37.7%

Brummer Gregg, EVP and COO of Republic Services, executed two separate open-market sales on 2025-02-19, selling 5,314 shares at $228.17 and 979 shares at $228.36, totaling 6,293 shares for $1,436,059.82. This represents a 37.7% reduction in his post-transaction holdings from 16,709 shares to 10,416 shares. The sale occurred near the 52-week high (stock currently at $230.86, -0.2% from the $231.37 52-week peak), and the blended average sale price of $228.20 reflects execution within a tight pricing band. As a substantial reduction in his position stake, this transaction represents a meaningful shift in his equity exposure at the company; the 10,416 shares retained still constitute a material holding but signal a material change in concentration relative to prior levels.

CFO DelGhiaccio sells 5,071 RSG shares at $210.02; reduces holdings by 44.5% to 6,318 shares.

DelGhiaccio, EVP Chief Financial Officer, sold 5,071 shares (44.5% of his pre-transaction holdings) on 2024-11-19 for a total value of $1,065,011.42. The sale occurred at $210.02, approaching the 52-week high of $214.68 (within 1.8%), and the stock trades at $210.91 today. His prior sale at RSG in August 2023 showed a 90-day return of +2.5%, indicating the stock rose after that earlier sale—a poorly timed outcome for the insider. With RSG trading at a elevated P/E of 33.53 and strong fundamentals (annual revenue growth of +10.4%, market cap $66.0B), the sale represents a material reduction in his equity stake but lacks a clear directional signal given the mixed historical timing pattern at this ticker.