RB Global (NYSE: RBA) director receives grant of 1,965 restricted share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sieger Michael D reported acquisition or exercise transactions in this Form 4 filing.
RB Global Inc. reported that director Michael D. Sieger received a grant of 1,965 Restricted Share Units (2026 RSUs). Each RSU represents a contingent right to receive one common share. The RSUs vest on the earlier of the first anniversary of the grant date or the company’s next annual shareholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sieger Michael D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units (2026 RSUs) | 1,965 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units (2026 RSUs) — 1,965 shares (Direct, null)
Footnotes (1)
- Each RSU represents a contingent right to receive one RBA common share. The RSUs will vest upon the earlier of (i) the first anniversary of the grant date and (ii) the Company's next annual meeting of shareholders following the grant date.
Key Figures
RSUs granted: 1,965 units
Price per RSU: $0.00
Shares underlying RSUs: 1,965 common shares
+1 more
4 metrics
RSUs granted
1,965 units
Restricted Share Units (2026 RSUs) granted to director
Price per RSU
$0.00
Grant/award acquisition with no exercise price
Shares underlying RSUs
1,965 common shares
Each RSU converts into one common share upon vesting
Holdings after grant (RSUs)
1,965 units
Total RSUs held following this transaction
Key Terms
Restricted Share Units (2026 RSUs), contingent right, vest, annual meeting of shareholders
4 terms
contingent right financial
"Each RSU represents a contingent right to receive one RBA common share."
vest financial
"The RSUs will vest upon the earlier of the first anniversary of the grant date…"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did RB Global (RBA) director Michael D. Sieger report in this Form 4?
Michael D. Sieger reported receiving 1,965 Restricted Share Units. These RSUs are a form of equity compensation that convert into common shares if vesting conditions are met, aligning the director’s interests with long-term shareholder value.
How many RB Global (RBA) RSUs were granted to Michael D. Sieger?
Michael D. Sieger was granted 1,965 Restricted Share Units. Each RSU represents a contingent right to receive one RB Global common share, subject to vesting conditions based on time and the timing of the company’s next annual shareholder meeting.
When do Michael D. Sieger’s 2026 RSUs at RB Global (RBA) vest?
The 2026 RSUs vest on the earlier of the first anniversary of the grant date or RB Global’s next annual meeting of shareholders. This time-based schedule is typical for director equity awards, encouraging continued service through the vesting period.
What does each RB Global (RBA) RSU granted to Michael D. Sieger represent?
Each Restricted Share Unit represents a contingent right to receive one RB Global common share. The units have no exercise price and convert into shares only once vesting conditions are satisfied, making them a straightforward equity-based compensation instrument.
Was the RB Global (RBA) Form 4 transaction a market purchase or sale?
The Form 4 shows a grant of Restricted Share Units, not a market trade. The transaction is categorized as a grant or award acquisition, meaning it is compensation-related and does not reflect open-market buying or selling of existing RB Global shares.