Form 4: RB Global Inc. Executive Acquires Dividend Equivalent Rights
SEC Form 4 Filing
Andrew John Fesler, Chief People Officer of RB Global Inc., reports the acquisition of dividend equivalent rights related to restricted share units.
Summary
- On September 18, 2024, Andrew John Fesler, Chief People Officer of RB Global Inc., acquired dividend equivalent rights.
- These rights are associated with both the 2023 and 2024 grants of restricted share units (RSUs).
- Fesler acquired 8 dividend equivalent rights related to the 2023 RSUs and 8 dividend equivalent rights related to the 2024 RSUs.
- Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global Inc. common share.
- The dividend equivalent rights become exercisable proportionately with the restricted share units to which they relate.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The acquisition of dividend equivalent rights by a company executive may be of interest to shareholders as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/18/2024 | Date of transaction: Andrew J. Fesler acquired dividend equivalent rights related to 2023 and 2024 RSUs. |
| 09/20/2024 | Date of filing: Form 4 filing date. |
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