Form 4: Director Carol Stephenson Reports Acquisition of Deferred Share Units in RB Global Inc.

Director Carol Stephenson reports the acquisition of 443 Deferred Share Units (DSUs) in RB Global Inc. on May 13, 2024.

Summary

• Carol Stephenson, a director of RB Global Inc. (RBA), reported acquiring 443 Deferred Share Units (DSUs) on May 13, 2024.
• Each DSU represents the economic equivalent of one RBA common share.
• Following termination of her position as director and non-employment by RBA, a lump sum cash payment will be made, calculated by multiplying the number of DSUs by the fair market value of one RBA common share.
• The payment will be made after the publication of financial statements following the termination.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard compensation practices. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Future Outlook

The DSUs will be settled in cash upon termination of Ms. Stephenson's position as director and non-employment by RBA, with the value determined by the fair market value of RBA common shares at that time.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of DSUs by a director aligns her interests with those of shareholders, as the value of the units is tied to the company's stock performance.

Key Dates