Form 4: RB Global Director Adam DeWitt Reports Acquisition of Deferred Share Units

Director Adam DeWitt reports acquiring 451 Deferred Share Units (DSUs) of RB Global, Inc.

Summary

• Adam DeWitt, a director of RB Global, Inc., reported acquiring 451 Deferred Share Units (DSUs) on March 4, 2024.
• Each DSU represents the economic equivalent of one RB Global common share.
• Following termination of his position as director, a lump sum cash payment will be made to DeWitt, calculated by multiplying the number of DSUs by the fair market value of one RB Global common share.
• The payment will be made after the publication of financial statements following his termination.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and aligns director interests with shareholder value. There are no indications of negative events or concerns.

Future Outlook

The DSUs will be settled in cash upon the director's termination, with the value tied to the future performance of RB Global's common stock.

Industry Context

This filing reflects standard executive compensation practices, utilizing deferred share units to align director interests with shareholder value and long-term company performance.

Stakeholder Impact

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

Key Dates