Form 4: RB Global Director Carol Stephenson Reports Acquisition of Dividend Equivalent Rights

Director Carol Stephenson reports acquiring dividend equivalent rights related to deferred share units and restricted share units of RB Global Inc.

Summary

• On March 3, 2025, Carol Stephenson, a director of RB Global Inc. (RBA), reported the acquisition of dividend equivalent rights (DSUs) related to deferred share units and restricted share units (RSUs).
• She acquired 13 dividend equivalent rights related to deferred share units and 7 dividend equivalent rights related to the 2024 RSUs.
• These rights are contingent and represent the economic equivalent of one RBA common share each.
• The DSUs become exercisable and payable concurrently with the deferred share units, while the dividend equivalent rights for the 2024 RSUs become exercisable proportionately with the RSUs to which they relate.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, neither inherently positive nor negative.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of dividend equivalent rights by a director may be of interest to shareholders as it reflects the director's alignment with the company's performance.

Key Dates