Form 4: RB Global Inc. Director Morrison Acquires Dividend Equivalent Rights
SEC Form 4 Filing
Director Gregory B. Morrison acquired dividend equivalent rights related to restricted share units of RB Global Inc. on September 18, 2024.
Summary
- On September 18, 2024, Gregory B. Morrison, a director of RB Global Inc., acquired 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.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing the acquisition of dividend equivalent rights, which is neither particularly positive nor negative.
Industry Context
This is a standard disclosure related to executive compensation and is common for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 09/18/2024 | Date of transaction: Gregory B. Morrison acquired dividend equivalent rights. |
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