Form 4: RB Global Inc. Executive Acquires Dividend Equivalent Rights
SEC Filing
Darren Jeffrey Watt, Chief Legal Officer of RB Global Inc., reports the acquisition of dividend equivalent rights related to restricted share units.
Summary
- Darren Jeffrey Watt, Chief Legal Officer of RB Global Inc., filed a Form 4 on September 18, 2024, reporting changes in beneficial ownership.
- The report details the acquisition of dividend equivalent rights related to the 2023 and 2024 grants of restricted share units (RSUs).
- Watt acquired 6 dividend equivalent rights related to 2023 RSUs and 7 dividend equivalent rights related to 2024 RSUs.
- These rights represent a contingent right to receive the economic equivalent of one RBA common share each and become exercisable proportionately with the RSUs to which they relate.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 09/18/2024 | Date of the transaction and filing of the Form 4. |
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