Form 4: RB Global Inc. Director Brian A Bales Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Brian A Bales reports changes in beneficial ownership of RB Global Inc. securities due to the acquisition of dividend equivalent rights.
Summary
- On March 1, 2024, Brian A Bales, a director of RB Global Inc. [RBA], reported changes in beneficial ownership.
- The changes involve the acquisition of 6 dividend equivalent rights (DSUs) related to deferred share units.
- These DSUs become exercisable and payable concurrently with the deferred share units and represent the economic equivalent of one RBA common share each.
- Following the transaction, Bales beneficially owns 12 dividend equivalent rights.
- The reporting person's attorney-in-fact, Maria Teresa Punsalan, signed the report on March 5, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 03/05/2024 | Date of signature by attorney-in-fact |
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