What You Need To Know
Your hard work contributes to the success of Republic Services. Our equity programs let you reap the benefits of your efforts.
Employee Stock Purchase Plan (ESPP)
Through the ESPP, offered through Fidelity, you can buy shares of Republic Services company stock at a discounted price.
How the Plan Works
How the Plan Works
You can join after 90 days of employment. Enroll or stop participating anytime during the year. When you enroll, your election will start with the first paycheck of the next calendar quarter.
You choose the percentage of your paycheck you want to contribute, from 1% to 15%, up to the plan limits of $25,000 worth of stock or 2,500 shares per offering period. For the stock purchase, the amount you elect is accumulated until the end of the quarter. Your purchased shares will automatically be deposited into the personal brokerage account you set up with Fidelity.
Your shares are bought at a 5% discount from the fair market value. Only whole shares can be purchased. Any leftover funds that cannot be purchased as a full share are refunded back to you shortly after the stock purchase dates.
Here is an example of the enrollment and participation process for the ESPP:
Elect To Participate | Payroll Deductions (Start/End) | Stock Purchase Date (Approximate) |
---|---|---|
January 1 to March 15 | April 1 to June 30 | July 1 |
April 1 to June 15 | July 1 to September 30 | October 1 |
July 1 to September 15 | October 1 to December 31 | January 2 |
October 1 to December 15 | January 1 to March 31 | April 1 |
Equity Plan
If you’re eligible to participate in the long-term incentive equity plan, you can learn more about this valuable program and its benefits at Fidelity NetBenefits. You can also access your grants and plan documents.
Learn More
Manage your account online at Fidelity NetBenefits or call Fidelity for help at 800.544.9354. For more information, you can also refer to these frequently asked questions.