Form 4: RB Global Director Sarah E. Raiss Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Sarah E. Raiss reports acquisition of dividend equivalent rights related to deferred share units and restricted share units.
Summary
- On March 3, 2025, Director Sarah E. Raiss acquired 58 dividend equivalent rights (DSUs) related to deferred share units and 7 dividend equivalent rights related to 2024 restricted share units (RSUs).
- These dividend equivalent rights represent contingent rights to receive the economic equivalent of one RB Global Inc. (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 RSUs.
- Following these transactions, Raiss directly owns 1,798 dividend equivalent rights related to deferred share units and 34 dividend equivalent rights related to 2024 RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the equity holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: Acquisition of dividend equivalent rights. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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