Form 4: RB Global Director Acquires Deferred Share Units
SEC Form 4 Filing
Sarah E. Raiss, a director of RB Global, Inc., acquired 443 deferred share units on May 13, 2024.
Summary
- On May 13, 2024, Sarah E. Raiss, a director of RB Global, Inc. (RBA), acquired 443 deferred share units (DSUs).
- Each DSU represents the economic equivalent of one RBA common share.
- Following termination of her position as a director and non-employment by RBA, a lump sum cash payment will be made to Raiss.
- The payment will be calculated by multiplying the number of DSUs by the fair market value of one RBA common share.
- The fair market value will be determined as of the 24th business day after the publication of financial statements following her termination.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing and does not contain information that would significantly impact investor sentiment positively or negatively.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance. It only describes the terms of the deferred share units.
Industry Context
This filing is a routine disclosure of a director's acquisition of deferred share units, which are a common form of equity compensation in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Date of transaction: Sarah E. Raiss acquired 443 deferred share units. |
| 05/14/2024 | Date of signature on the Form 4 filing. |
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