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

Director Carol Stephenson reports acquiring 14 dividend equivalent rights related to deferred share units of RB Global Inc.

Summary

• On March 1, 2024, Carol Stephenson, a director of RB Global Inc. (RBA), acquired 14 dividend equivalent rights (DSUs).
• These rights are associated with her deferred share units and will become exercisable and payable at the same time as the deferred share units.
• Each dividend equivalent right represents the economic equivalent of one RBA common share.
• Following this transaction, Stephenson directly owns 85 dividend equivalent rights.
• The transaction was reported on March 5, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports a transaction of dividend equivalent rights, which is a normal part of executive compensation.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The acquisition of dividend equivalent rights aligns the director's interests with those of shareholders, as the value is tied to the performance of RBA common shares.

Key Dates