Form 4: RB Global Director Sieger Acquires Deferred Share Units

Director Michael D. Sieger acquired 443 deferred share units in RB Global, Inc. on May 13, 2024.

Summary

• On May 13, 2024, Michael D. Sieger, a director of RB Global, Inc. (RBA), acquired 443 deferred share units (DSUs).
• Each DSU represents the economic equivalent of one RBA common share.
• Upon termination of his position as director and non-employment by RBA, Sieger will receive a lump sum cash payment.
• The payment will be calculated by multiplying the number of DSUs by the fair market value of one RBA common share.
• The fair market value will be determined on a specific date following the publication of RBA's financial statements.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The deferred share units will be converted to cash upon termination of Sieger's directorship and non-employment, with the payment amount dependent on the future fair market value of RBA shares.

Industry Context

This filing reflects standard practice for compensating directors with equity-based awards, aligning their interests with those of shareholders.

Stakeholder Impact

• The acquisition of deferred share units aligns the director's interests with those of the shareholders.

Key Dates