Director Timothy J. O'Day Accrues 36 Dividend Equivalent Rights in RB Global Inc.

Executive Summary

On September 21, 2026, RB Global Inc. ($RBA) director Timothy J. O'Day filed a Form 4 reporting the acquisition of dividend equivalent rights on September 17, 2026. These transactions represent routine non-open-market accruals associated with the company's regular dividend distribution.

Transaction Details

The filing details four derivative transactions (Code 'A') representing dividend equivalent rights earned on previously awarded deferred share units (DSUs) and restricted share units (RSUs):

• DSUs: Acquired 9 dividend equivalent rights at $0.00, bringing holdings in this tranche to 82.
• 2024 RSUs: Acquired 11 dividend equivalent rights at $0.00, bringing holdings in this tranche to 84.
• 2025 RSUs: Acquired 8 dividend equivalent rights at $0.00, bringing holdings in this tranche to 35.
• 2026 RSUs: Acquired 8 dividend equivalent rights at $0.00, bringing holdings in this tranche to 14.

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

Market Impact & Significance

This filing carries Low trading significance. The accrual of dividend equivalent rights is an automatic, contractual mechanism reflecting standard compensation plan mechanics when the company declares a dividend. It does not reflect discretionary buying or selling behavior by the insider.