Form 4: RB Global Inc. Executive Acquires Dividend Equivalent Rights
SEC Form 4 Filing
Nancy Elizabeth King, Chief Technology Officer of RB Global Inc., reports the acquisition of dividend equivalent rights related to restricted share units.
Summary
- On March 3, 2025, Nancy Elizabeth King, Chief Technology Officer of RB Global Inc., acquired 31 dividend equivalent rights related to her 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. King directly owns 103 dividend equivalent rights.
- The price of the derivative security is $0.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, indicating a standard transaction. It doesn't inherently suggest positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's securities.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves internal compensation mechanisms for a company executive.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: Nancy Elizabeth King acquired dividend equivalent rights. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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