Form 4: RB Global Inc. Director Timothy J. O'Day Reports Changes in Beneficial Ownership

Director Timothy J. O'Day reports acquisition of dividend equivalent rights related to deferred share units and restricted share units.

Summary

• On March 3, 2025, Timothy J. O'Day, a director of RB Global Inc., reported the acquisition of dividend equivalent rights (DSUs) related to deferred share units and restricted share units (RSUs).
• Six dividend equivalent rights were accrued in respect of the reporting person's deferred share units.
• Seven dividend equivalent rights were accrued in respect of the 2024 grant of restricted share units (RSUs).
• Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share.
• The DSUs become exercisable and payable concurrently with the deferred share units, while the dividend equivalent rights for the 2024 RSUs become exercisable proportionately with the restricted share units to which they relate.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the sentiment is neutral.

Future Outlook

The dividend equivalent rights will provide additional economic benefit to the reporting person as they vest and become payable.

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 has a minor positive impact on the reporting person's holdings.

Key Dates