RB Global Chief People Officer Credited with Dividend Equivalent Rights

Transaction Overview

On September 18, 2026, Jennifer Laura Schmit, Chief People Officer of RB Global Inc. (NYSE/TSX: RBA), filed a Form 4 reporting the acquisition of dividend equivalent rights (DERs) on September 17, 2026.

Filing Breakdown

• Security: Dividend Equivalent Rights corresponding to underlying Common Shares.
• Transaction Code: 'A' (Grant, award, or other acquisition pursuant to Rule 16b-3(d)).
• Tranche Breakdown:
  • 2024 RSUs: 4 DERs acquired, bringing total 2024 DER holdings to 38.
  • 2025 RSUs: 4 DERs acquired, bringing total 2025 DER holdings to 26.
  • 2026 RSUs: 7 DERs acquired, bringing total 2026 DER holdings to 12.
• Total Accrued: 15 units representing an equal number of contingent common shares.
• Purchase Price: $0.00.

Analytical Context & Market Impact

Dividend equivalent rights represent contingent entitlements to receive common shares or cash equivalent upon the vesting of the underlying restricted share units (RSUs). These transactions occur automatically when the issuer declares and pays dividends to shareholders of record.

Because this is a standard non-market compensation accrual with no capital outlay or discretionary open-market purchase or sale, the trading significance is Low.