Form 4: RB Global Director Michael Sieger Reports Acquisition of Dividend Equivalent Rights

Director Michael Sieger reports acquiring dividend equivalent rights related to deferred share units and restricted share units of RB Global Inc.

Summary

• On June 20, 2024, Michael D. Sieger, a director of RB Global Inc. [RBA], acquired dividend equivalent rights (DSUs) related to deferred share units and restricted share units (RSUs).
• Sieger acquired 7 dividend equivalent rights related to deferred share units and 9 dividend equivalent rights related to the 2024 RSUs.
• These rights are contingent and represent the economic equivalent of one RBA common share each.
• The DSUs become exercisable and payable concurrently with the deferred share units, while the dividend equivalent rights related to the 2024 RSUs become exercisable proportionately with the restricted share units to which they relate.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document is a standard SEC filing regarding the acquisition of dividend equivalent rights, which is a routine part of executive compensation.

Industry Context

This filing is a routine disclosure related to executive compensation and holdings, and doesn't necessarily reflect a major strategic shift for RB Global within its industry.

Stakeholder Impact

• The acquisition of dividend equivalent rights by a director may have a minor positive impact on shareholder sentiment, as it aligns the director's interests with those of the shareholders.

Key Dates