RB Global Director Receives Routine Dividend Equivalent Rights

Executive Summary

On September 21, 2026, RB Global Inc. ($RBA) filed a Form 4 disclosing that Director Carol Stephenson accrued an aggregate of 44 dividend equivalent rights on September 17, 2026. These rights were acquired at an exercise price of $0.00 in connection with existing Deferred Share Units (DSUs) and Restricted Share Units (RSUs).

Transaction Details

The filing details four separate dividend equivalent right accruals corresponding to different underlying awards:

• 17 units associated with Deferred Share Units (DSUs), bringing post-transaction holdings to 217 units.
• 11 units associated with the 2024 RSU grant, bringing post-transaction holdings to 84 units.
• 8 units associated with the 2025 RSU grant, bringing post-transaction holdings to 35 units.
• 8 units associated with the 2026 RSU grant, bringing post-transaction holdings to 14 units.

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share, vesting and payable proportionately with the underlying awards.

Market Impact & Significance

This transaction carries Low trading significance as it represents standard dividend reinvestment/accruals on previously granted director equity compensation, rather than open-market buying or selling.