Form 4: RB Global Director Acquires Deferred Share Units

Director Sarah E. Raiss acquired 451 deferred share units (DSUs) of RB Global, Inc. on March 4, 2024.

Summary

• On March 4, 2024, Sarah E. Raiss, a director of RB Global, Inc. (RBA), acquired 451 deferred share units (DSUs).
• 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 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 a specific date following the publication of financial statements after her termination.
• Following the transaction, Raiss directly owns 17,101 common shares.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to director compensation. It doesn't inherently indicate positive or negative sentiment, but rather reflects standard corporate governance practices.

Future Outlook

The future value of the DSUs is dependent on the fair market value of RBA common shares at the time of Raiss's termination and subsequent financial statement publication.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders, such as directors, in their company's securities.

Stakeholder Impact

• The acquisition of DSUs by a director may be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Key Dates