Form 4: RB Global Officer Acquires Dividend Rights

RB Global's Chief Accounting Officer, Christopher Carlson, acquired additional dividend equivalent rights tied to restricted share units.

Summary

• Christopher Carlson, Chief Accounting Officer of RB GLOBAL INC. (RBA), reported an acquisition of dividend equivalent rights.
• The transaction occurred on December 17, 2025.
• Carlson acquired 4 Dividend Equivalent Rights related to 2023 RSUs, bringing his total beneficial ownership to 40.
• He also acquired 7 Dividend Equivalent Rights related to 2024 RSUs, increasing his total beneficial ownership to 61.
• Additionally, Carlson acquired 3 Dividend Equivalent Rights related to 2025 RSUs, resulting in a total beneficial ownership of 9.
• Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share and becomes exercisable proportionately with the related restricted share units.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as the acquisition of dividend equivalent rights by a key executive indicates continued alignment of management's interests with shareholder value, even if it's part of a standard compensation package.

Positives

• The acquisition of dividend equivalent rights by a key executive, Christopher Carlson, aligns management's interests with those of shareholders, as these rights are tied to the company's common shares.

Future Outlook

The acquired dividend equivalent rights are contingent rights to receive the economic equivalent of one RBA common share and will become exercisable proportionately with the restricted share units to which they relate.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically related to executive compensation in the form of dividend equivalent rights tied to restricted share units. Such filings are common across publicly traded companies as part of their compensation and governance transparency.

Stakeholder Impact

• Shareholders: The transaction indicates continued alignment of executive incentives with shareholder interests through equity-based compensation.

Next Steps

• The dividend equivalent rights will become exercisable proportionately with the underlying restricted share units to which they relate.

Key Dates

Keywords

RB Global, RBA, Form 4, Insider Transaction, Dividend Equivalent Rights, Restricted Share Units, Executive Compensation, Beneficial Ownership