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

• Carol Stephenson, a director of RB Global Inc., filed a Form 4 disclosing the acquisition of dividend equivalent rights (DSUs) on June 20, 2024.
• The report details the acquisition of 14 dividend equivalent rights related to deferred share units and 9 dividend equivalent rights related to the 2024 grant of restricted share units (RSUs).
• These dividend equivalent rights represent a contingent right to receive the economic equivalent of one RBA common share each.
• The DSUs related to deferred share units become exercisable and payable concurrently with the deferred share units, while those related to RSUs become exercisable proportionately with the RSUs.
• The price of each derivative security is $0.99.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Industry Context

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

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates