Form 4: RB Global Director Sieger Acquires Additional Dividend Equivalent Rights

Director Michael D. Sieger acquires additional dividend equivalent rights related to deferred share units and restricted share units of RB Global Inc.

Summary

• On September 18, 2024, Michael D. Sieger, a director of RB Global Inc. (RBA), acquired 9 dividend equivalent rights (DERs) related to the 2024 grant of restricted share units (RSUs).
• These DERs become exercisable proportionately with the RSUs to which they relate.
• Sieger also holds 7 dividend equivalent rights accrued in respect of deferred share units, which become exercisable and payable concurrently with the deferred share units.
• Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard compensation practices. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the director's continued stake in the company's performance through dividend equivalent rights.

Stakeholder Impact

• The acquisition of dividend equivalent rights aligns the director's interests with those of shareholders, as the value of these rights is tied to the performance of RBA common shares.

Key Dates