Cascade Investment and William H. Gates III now beneficially own 116166330.00 Republic Services shares, representing 37.9% of the common stock, and the stake rose under an activist Schedule 13D. The position matters to investors because Cascade and Gates together hold a substantial activist interest in Republic Services.

Key Highlights

  • Republic Services’ common stock has a Par Value of $0.01 per share.
  • The reported ownership percentage is based on 306,212,978 shares outstanding.
  • Cascade’s purchases were executed in the open market through brokers.

Cascade Investment, L.L.C. and William H. Gates III beneficially own 116,166,330 shares of Republic Services, Inc. (NYSE: RSG), equal to 37.9% of the common stock. The stake is classified as activist under a Schedule 13D/A. The filing reports the position at 37.9%. The filing identifies Gates as Cascade’s sole member, so all shares held by Cascade may be treated as beneficially owned by him.

Cascade, Gates Hold 37.9%

Cascade Investment reports 116,166,330 shares of Republic Services common stock and beneficial ownership of 37.9% of the class. The securities are Republic Services common stock with a par value of $0.01 per share. Cascade’s holding and Gates’ deemed beneficial ownership refer to the same common-stock position. The stake is identified as activist under the Schedule 13D/A. The reported ownership percentage is based on 306,212,978 shares of Republic Services common stock outstanding.

Open-Market Purchases Lift Position

The shares purchased by Cascade were acquired in the open market through brokers. The filing reports those purchases of Republic Services common stock. Cascade Investment and Gates are presented together as the reporting persons for the activist position. Gates’ beneficial ownership follows from his status as Cascade’s sole member, while Cascade is the entity holding the shares. The disclosure does not provide a prior percentage in the supplied details.

Activist Ownership Remains in Focus

The Schedule 13D/A position links Cascade Investment and William H. Gates III to 37.9% of Republic Services. The filing also identifies the shares as common stock and attributes Gates’ beneficial ownership through Cascade. Republic Services’ ownership calculation uses 306,212,978 shares outstanding. Cascade’s purchases were carried out through Brokers in the open market. The stated position is activist, and the reported ownership percentage is 37.9%.