Form 4: RB Global Director Elton Acquires Deferred Share Units
SEC Form 4 Filing
Director Robert George Elton acquired 451 deferred share units in RB Global, Inc.
Summary
- Robert George Elton, a director of RB Global, Inc. (RBA), acquired 451 deferred share units on March 4, 2024.
- These deferred share units represent the economic equivalent of one RBA common share each.
- Following termination of his position as director, Elton will receive a lump sum cash payment based on the fair market value of RBA common shares.
- After the transaction, Elton directly owns 27,643 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Future Outlook
Upon termination of his position as director, Elton will receive a lump sum cash payment based on the fair market value of RBA common shares.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of transaction: Acquisition of 451 deferred share units |
| 03/06/2024 | Date of signature for the Form 4 filing |
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