Form 4: RB Global Executive James Jeter Reports Share Transactions Following PSU Vesting
SEC Form 4 Filing
RB Global's Chief Revenue Officer, James Jeter, reports the vesting and subsequent transactions involving Performance Share Units (PSUs) and common shares.
Summary
- On August 11, 2024, James Jeter, Chief Revenue Officer of RB Global, Inc., had Performance Share Units (PSUs) vest, which were then settled in common shares.
- This resulted in the acquisition of 5,293 common shares.
- 2,373 shares were disposed of to cover tax withholding obligations at a price of $78.29 per share.
- Following these transactions, Jeter directly owns 26,187 common shares and indirectly owns 3,143 shares through the Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing share transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and share ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 08/11/2024 | Date of PSU vesting and share transactions |
| 08/13/2024 | Date of Form 4 filing |
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