Form 4: RB Global Inc. Director Deborah Stein Reports Acquisition of Dividend Equivalent Rights
SEC Form 4
Director Deborah Stein reports acquiring dividend equivalent rights related to restricted share units of RB Global Inc.
Summary
- On September 18, 2024, Deborah Stein, a director of RB Global Inc., reported acquiring 9 dividend equivalent rights related to the 2024 grant of restricted share units (RSUs).
- These rights represent a contingent right to receive the economic equivalent of one RBA common share each.
- The dividend equivalent rights accrue in respect of the 2024 grant of restricted share units (RSU), and become exercisable proportionately with the restricted share units to which they relate.
- Following the transaction, Ms. Stein directly owns 18 dividend equivalent rights.
Sentiment
Score: 5
Explanation: This is a routine filing related to director compensation and doesn't indicate particularly positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
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
| Date | Description |
|---|---|
| 09/18/2024 | Date of transaction: Deborah Stein acquired dividend equivalent rights. |
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