Form 4: RB Global Director Acquires Deferred Share Units

Robert George Elton, a director of RB Global, Inc., acquired 443 deferred share units on May 13, 2024.

Summary

• On May 13, 2024, Robert George Elton, a director of RB Global, Inc. (RBA), acquired 443 deferred share units.
• Each deferred share unit (DSU) represents the economic equivalent of one RBA common share.
• Following termination of his position as a director and non-employment by RBA, a lump sum cash payment will be made to Elton, 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 his termination.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (acquisition of deferred share units) by a company director, which is generally neutral to slightly positive as it indicates alignment of interests between management and shareholders.

Future Outlook

Upon termination of his position as a director and non-employment by RBA, Robert George Elton will receive a lump sum cash payment for his deferred share units, based on the fair market value of RBA common shares at that time.

Industry Context

This Form 4 filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice in publicly traded companies.

Stakeholder Impact

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

Key Dates