RB Global CAO Receives Dividend Equivalent Rights

Transaction Overview

On September 17, 2026, Christopher Carlson, Chief Accounting Officer of RB GLOBAL INC. ($RBA), acquired a total of 13 dividend equivalent rights associated with previously granted restricted share units (RSUs). The transactions were reported on Form 4 filed on September 18, 2026.

Transaction Breakdown

• Dividend Equivalent Rights (2024 RSUs): 4 rights acquired at $0.00; post-transaction holdings of 75.
• Dividend Equivalent Rights (2025 RSUs): 3 rights acquired at $0.00; post-transaction holdings of 17.
• Dividend Equivalent Rights (2026 RSUs): 6 rights acquired at $0.00; post-transaction holdings of 10.

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share and vests/becomes exercisable proportionately with the RSUs to which they correspond.

Market and Trading Impact

• Significance: Low
• Rationale: These acquisitions represent automatic, routine accruals of dividend equivalents on existing equity incentive grants rather than open-market purchases or sales. They carry no direct signal regarding insider sentiment or operational shifts.