8-K

REPUBLIC SERVICES, INC. (RSG)

8-K 2023-05-17 For: 2023-05-12
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Added on April 10, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): May 12, 2023

Republic Services, Inc.

(Exact name of registrant as specified in its charter)

Delaware 1-14267 65-0716904
(State or other jurisdiction<br> <br>of incorporation) (Commission<br> <br>File Number) (IRS Employer<br> <br>Identification No.)
18500 North Allied Way<br> <br>Phoenix, Arizona 85054
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(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (480) 627-2700

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading<br>Symbol(s) Name of each exchange<br>on which registered
Common Stock, par value $0.01 per share RSG New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§232.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 5.07 Submission of Matters to a Vote of Security Holders

On May 12, 2023, Republic Services, Inc. (“Republic” or the “Company”) held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”). The shareholders voted on the matters set forth below:

1. The nominees for election to the Board of Directors were elected, each for a one-year term, based on the following votes:
Nominee Votes For Votes Against Abstentions Broker<br>Non-Votes
--- --- --- --- --- --- --- --- ---
Manuel Kadre 276,540,742 3,160,986 124,320 13,371,194
Tomago Collins 277,823,360 1,804,468 198,220 13,371,194
Michael A. Duffy 278,201,044 1,502,308 122,696 13,371,194
Thomas W. Handley 267,110,488 12,589,671 125,889 13,371,194
Jennifer M. Kirk 273,609,655 6,079,254 137,139 13,371,194
Michael Larson 248,714,525 30,987,469 124,054 13,371,194
James P. Snee 272,262,531 7,439,841 123,676 13,371,194
Brian S. Tyler 278,197,696 1,506,454 121,898 13,371,194
Jon Vander Ark 278,684,547 1,015,943 125,558 13,371,194
Sandra M. Volpe 273,896,542 5,814,861 114,645 13,371,194
Katharine B. Weymouth 242,522,432 37,187,590 116,026 13,371,194
2. The proposal to approve the compensation of the Company’s named executive officers was approved based on the following advisory, non-binding votes:
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Votes for 272,146,201
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Votes against 6,594,662
Abstentions 1,085,185
Broker non-votes 13,371,194
3. The advisory vote on the frequency of an advisory vote on named executive officer compensation was approved for ONE YEAR based on the following votes:
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Votes for ONE YEAR 274,394,421
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Votes for TWO YEARS 75,218
Votes for THREE YEARS 5,204,260
Abstentions 152,149
Broker non-votes 13,371,194
4. The proposal to ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2023 approved based on the following votes:
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Votes for 284,440,942
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Votes against 8,642,209
Abstentions 114,091

According to an Arizona statute, if a person or group acquires 20% or more of the stock of a public corporation, the shares in excess of the 20% threshold may not be voted on matters other than the election of directors (subject to limited exceptions). This statute, on its face, applies to any public company that is headquartered in Arizona, has assets of at least $1 million in Arizona and has more than 500 Arizona employees. In a 2007 decision, a federal court in Arizona stated that the statute is unconstitutional and unenforceable in the case of an entity, like Republic, that is incorporated in Delaware. If the statute were deemed to be enforceable and applicable to us and to the shares of our common stock held by Cascade Investment, L.L.C. (“Cascade”) (which held approximately 34.8% of our common stock as of the record date for the Annual Meeting), approximately 46 million fewer shares would have been voted for each of proposals two through six, but the outcome of the decisions on those matters would not have been impacted. The Company does not currently take any position regarding the enforceability of the statute or its application to us or the common stock voted by Cascade.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

REPUBLIC SERVICES, INC.
Date: May 17, 2023 By: /s/ Catharine D. Ellingsen
Catharine D. Ellingsen<br> <br>Executive Vice President, Chief Legal Officer,<br> <br>Chief Ethics & Compliance Officer and Corporate Secretary