Form 4: RB Global Director Erik Olsson Reports Acquisition of Deferred Share Units

Director Erik Olsson reports acquiring 662 Deferred Share Units (DSUs) of RB Global, Inc., convertible to common shares upon termination of his directorship.

Summary

• On March 4, 2024, Erik Olsson, a director of RB Global, Inc. (RBA), acquired 662 Deferred Share Units (DSUs).
• Each DSU represents the economic equivalent of one RBA common share.
• These DSUs will be converted into a lump sum cash payment upon Olsson's termination as a director or employee of RBA or its subsidiaries.
• The cash payment will be calculated by multiplying the number of DSUs by the fair market value of one RBA common share at a specified date after the termination.
• Following the transaction, Olsson beneficially owns 29,050 common shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Future Outlook

The DSUs will be converted into a cash payment upon termination of Olsson's directorship or employment, based on the fair market value of RBA common shares at that time.

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 DSUs by a director may be of interest to shareholders as it aligns the director's interests with the company's performance.

Key Dates