Form 4: RB Global Director Acquires Dividend Rights

RB Global Director Deborah Stein acquired dividend equivalent rights tied to her 2024 and 2025 restricted share unit grants.

Summary

• Deborah Stein, a Director of RB Global Inc. (RBA), reported the acquisition of dividend equivalent rights.
• On December 17, 2025, Stein acquired 8 dividend equivalent rights related to the 2024 grant of restricted share units (RSUs).
• Following this transaction, Stein beneficially owns 57 dividend equivalent rights related to the 2024 RSUs.
• On the same date, Stein acquired 6 dividend equivalent rights related to the 2025 grant of restricted share units (RSUs).
• Following this transaction, Stein beneficially owns 16 dividend equivalent rights related to the 2025 RSUs.
• Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share.
• These rights become exercisable proportionately with the restricted share units to which they relate.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.

Sentiment

Score: 6

Explanation: Slightly positive, as an insider is increasing their equity-linked holdings, which generally signals confidence in the company's future.

Positives

• An insider (Director Deborah Stein) increased her beneficial ownership of equity-linked instruments, which can signal confidence in the company's future performance.
• The transaction was executed under a Rule 10b5-1 plan, suggesting a pre-scheduled, non-discretionary acquisition.

Related Party Transactions

• The acquisition of dividend equivalent rights by Deborah Stein, a Director of RB Global Inc., constitutes a related party transaction.

Stakeholder Impact

• Shareholders may view the director's increased beneficial ownership of equity-linked instruments as a positive signal of alignment with shareholder interests and confidence in the company's prospects.

Key Dates

Keywords

RB Global Inc., RBA, Deborah Stein, Director, Form 4, Insider Transaction, Dividend Equivalent Rights, Restricted Share Units, RSU, Beneficial Ownership, 10b5-1 plan