Form 4: RB Global Inc. Director Carol Stephenson Reports Acquisition of Dividend Equivalent Rights

Director Carol Stephenson reported the acquisition of dividend equivalent rights related to deferred share units and restricted share units of RB Global Inc.

Summary

• On September 18, 2024, Carol Stephenson, a director of RB Global Inc. (RBA), reported the acquisition of 14 dividend equivalent rights (DSUs) related to deferred share units.
• Additionally, she acquired 9 dividend equivalent rights related to the 2024 grant of restricted share units (RSUs).
• These dividend equivalent rights represent contingent rights to receive the economic equivalent of one RBA common share each.
• The DSUs become exercisable and payable concurrently with the deferred share units, while the dividend equivalent rights for RSUs become exercisable proportionately with the restricted share units to which they relate.
• Following these transactions, Stephenson directly owns 113 dividend equivalent rights and 18 dividend equivalent rights related to 2024 RSUs.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing regarding changes in beneficial ownership, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to director compensation and holdings, and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The acquisition of dividend equivalent rights by a director may be of interest to shareholders as it reflects the director's alignment with the company's performance.

Key Dates