RB Global Chief Legal Officer Receives Dividend Equivalent Rights
RB GLOBAL INC.
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Filing Summary
RB Global Inc. ($RBA) Form 4 filing: Chief Legal Officer Darren Jeffrey Watt acquired 16 Dividend Equivalent Rights on 2026-09-17 at $0.00 in connection with existing RSUs.
Comprehensive Analysis
Executive Summary
On September 18, 2026, RB Global Inc. ($RBA) filed a Form 4 disclosing that Darren Jeffrey Watt, Chief Legal Officer, accrued a total of 16 Dividend Equivalent Rights on September 17, 2026. These rights were acquired at $0 per share as routine dividend accruals on outstanding restricted share units (RSUs).
Transaction Breakdown
- Dividend Equivalent Rights (2024 RSUs): 3 units acquired; 39 units held following transaction.
- Dividend Equivalent Rights (2025 RSUs): 5 units acquired; 29 units held following transaction.
- Dividend Equivalent Rights (2026 RSUs): 8 units acquired; 14 units held following transaction.
All rights convert into common shares proportionally with the underlying RSUs upon vesting.
Significance
The trading significance is Low. This represents a routine, non-discretionary accrual of dividend equivalent units in connection with previously granted equity awards rather than open-market buying or selling activity.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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