Form 4: RB Global Director Elton Receives Restricted Share Units
SEC Form 4 Filing
Director Robert George Elton of RB Global, Inc. was granted 3,353 Restricted Share Units (RSUs) on May 15, 2024, which will vest on the earlier of the first anniversary of the grant date or the next annual shareholder meeting.
Summary
- Robert George Elton, a director of RB Global, Inc., received 3,353 Restricted Share Units (RSUs) on May 15, 2024.
- Each RSU represents the right to receive one common share of RB Global.
- The RSUs will vest on the earlier of May 15, 2025, or the date of the company's next annual meeting of shareholders.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding the grant of restricted stock units, which is a neutral event.
Future Outlook
The RSUs will vest on the earlier of the first anniversary of the grant date or the company's next annual meeting of shareholders following the grant date.
Industry Context
This is a standard practice for compensating board members and aligning their interests with those of shareholders.
Stakeholder Impact
- The grant of RSUs aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Grant of 3,353 Restricted Share Units (RSUs). |
| 05/16/2024 | Date of Form 4 filing. |
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