RB Global (RBA) director Adam DeWitt receives 1,918 shares as 2025 RSUs and DERs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RB Global Inc. director Adam DeWitt reported the vesting and conversion of equity awards into common shares. On April 30, 2026, a block of Restricted Share Units (2025 RSUs) and related Dividend Equivalent Rights (DERs) vested, each giving the right to receive one common share or its economic equivalent.
Upon vesting, 1,896 RSUs and 22 DERs were settled at a stated price of $0.00 per share, resulting in the acquisition of 1,918 common shares. The RSU and DER derivative positions were fully settled in this event, and there were no open-market purchases or sales reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,918 shares exercised/converted
Mixed
4 txns
Insider
DeWitt Adam
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units (2025 RSUs) | 1,896 | $0.00 | -- |
| Exercise | Dividend Equivalent Rights (2025 RSUs) | 22 | $0.00 | -- |
| Exercise | Common Shares | 1,896 | $0.00 | -- |
| Exercise | Common Shares | 22 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units (2025 RSUs) — 0 shares (Direct, null);
Dividend Equivalent Rights (2025 RSUs) — 0 shares (Direct, null);
Common Shares — 7,761 shares (Direct, null)
Footnotes (1)
- Each RSU and DER represent a contingent right to receive one common share or the economic equivalent thereof. The RSUs and DERs vested on April 30, 2026, the date of the annual and special meeting of shareholders of the Issuer.
Key Figures
RSUs vested: 1,896 units
Dividend Equivalent Rights vested: 22 units
Common shares acquired: 1,918 shares
+2 more
5 metrics
RSUs vested
1,896 units
Restricted Share Units (2025 RSUs) settled into common shares on April 30, 2026
Dividend Equivalent Rights vested
22 units
DERs linked to 2025 RSUs settled into common shares on April 30, 2026
Common shares acquired
1,918 shares
Total common shares received from 1,896 RSUs and 22 DERs
Stated settlement price
$0.00 per share
Price per share for common shares issued on RSU and DER vesting
Exercise transactions
2 exercises, 1,918 shares
transactionSummary exerciseCount and exerciseShares for derivative exercises
Key Terms
Restricted Share Units (2025 RSUs), Dividend Equivalent Rights (2025 RSUs), derivative security, contingent right, +1 more
5 terms
Dividend Equivalent Rights (2025 RSUs) financial
"Dividend Equivalent Rights (2025 RSUs)"
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each RSU and DER represent a contingent right to receive one common share"
annual and special meeting financial
"vested on April 30, 2026, the date of the annual and special meeting of shareholders"
FAQ
What insider transaction did RB Global (RBA) director Adam DeWitt report?
Adam DeWitt reported the vesting and conversion of equity awards into RB Global common shares. On April 30, 2026, his 2025 Restricted Share Units and related Dividend Equivalent Rights were exercised, settling into common shares at a stated price of $0.00 per share.
Were there any open-market buys or sells in Adam DeWitt’s RB Global (RBA) Form 4?
No open-market buys or sells were reported. All transactions used code M, reflecting the exercise or conversion of derivative securities. The filing shows RSUs and related Dividend Equivalent Rights vesting and settling into common shares, not discretionary market trades.
What are the 2025 RSUs reported in the RB Global (RBA) Form 4?
The 2025 RSUs are Restricted Share Units that grant a contingent right to receive one RB Global common share or its economic equivalent. In this filing, 1,896 RSUs vested and were settled into common shares on April 30, 2026, as part of director compensation.
What are Dividend Equivalent Rights (DERs) in the RB Global (RBA) filing?
Dividend Equivalent Rights mirror dividends on underlying shares by granting equivalent value in additional units or cash. Here, 22 DERs tied to 2025 RSUs each represented a contingent right to one common share or its economic equivalent and were settled into shares at vesting.
When did Adam DeWitt’s RB Global (RBA) RSUs and DERs vest?
The RSUs and Dividend Equivalent Rights vested on April 30, 2026. That date coincided with the annual and special meeting of RB Global shareholders, triggering the conversion of 1,896 RSUs and 22 DERs into a total of 1,918 common shares at a stated price of $0.00.