Form 4: RB Global Executive Acquires Dividend Equivalent Rights
SEC Filing
Andrew John Fesler, Chief People Officer of RB Global, Inc., reports the acquisition of dividend equivalent rights related to restricted share units.
Summary
- Andrew John Fesler, Chief People Officer of RB Global, Inc., filed a Form 4 with the SEC.
- The filing reports the acquisition of dividend equivalent rights related to previously granted restricted share units (RSUs).
- Fesler acquired 9 dividend equivalent rights related to the 2023 RSU grant and 7 dividend equivalent rights related to the 2024 RSU grant on June 20, 2024.
- Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share and becomes exercisable proportionately with the RSUs to which they relate.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 06/20/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 06/24/2024 | Date of Form 4 filing |
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