Richardson Larson has filed a report detailing recent transactions involving restricted stock units and performance shares. This filing, dated October 19, 2026, is significant as it reflects the company's approach to employee compensation and retention strategies.
Company Overview
Richardson Larson is identified as an entity type 'other' with a Central Index Key of 0002021915. The company has not specified a Standard Industrial Classification (SIC) or ticker symbol in its filings, indicating it may operate in a niche market or is not publicly traded.
What the Filing Says
The recent filing indicates that Richardson Larson, operating as an officer at Republic Services, Inc., reported transactions involving various stock-based compensation. On October 15, 2026, the company acquired 20.8 restricted stock units, 5.5 performance shares, and 1.63 stock units, all priced at $229.65 per share. Following these transactions, Larson now holds a total of 6,993.74 shares of common stock.
Impact
This update may affect the company's employees and executives, particularly those involved in compensation and incentive programs. By enhancing stock-based compensation, Richardson Larson aims to align employee interests with company performance, a strategy that may resonate across the refuse systems industry.
What's Next
The filing does not say what happens next.
Details of Transactions
The filing outlines specific details regarding the transactions made by Richardson Larson. On October 15, 2026, the company acquired a total of 20.8 restricted stock units, 5.5 performance shares, and 1.63 stock units, all at a price of $229.65 per share. The acquisition of these shares reflects the company's commitment to its employee compensation strategy.
Ownership Breakdown
As a result of these transactions, Richardson Larson's total ownership now includes 6,993.74 shares of common stock. Specifically, following the acquisition, Larson holds 1,891.5 performance shares, which represent a significant portion of his overall holdings.
Deferred Compensation Plan
The filing also highlights that a portion of the restricted stock units is held under the Company's Deferred Compensation Plan. This indicates that the company is providing options for employees to defer compensation, which may enhance retention and align long-term interests with the company's performance.
Additional Context
Richardson Larson serves as the Senior Vice President of Operations at Republic Services, Inc., which is incorporated in Delaware and operates within the refuse systems industry. The company's fiscal year ends on December 31, and it has a business address in Phoenix, Arizona. The filing does not provide information on the overall compensation structure or future plans for stock-based compensation adjustments.