STOCK TITAN
  1. Home
  2. Sec-filings
  3. RBA
  4. [Form 4] RB Global, Inc. Insider Trading Activity

RB Global Executive Expands Stake Through RSU Dividend Rights Program

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RB Global's Chief Operations Officer Michael Thomas Steven Lewis reported new transactions involving dividend equivalent rights related to restricted share units (RSUs).

Key transaction details:

  • Acquired 20 dividend equivalent rights related to 2024 RSUs on June 20, 2025, bringing total holdings to 65 units
  • Acquired 12 dividend equivalent rights related to 2025 RSUs on June 20, 2025
  • All transactions were direct ownership with $0 exercise price

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share. These rights become exercisable proportionately with their corresponding RSU grants. The filing was signed by Maria Teresa Punsalan as attorney-in-fact for Lewis on June 24, 2025.

Positive

  • None.

Negative

  • None.
Insider LEWIS MICHAEL THOMAS STEVEN
Role Chief Operations Officer
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights (2024 RSUs) 20 $0.00 --
Grant/Award Dividend Equivalent Rights (2025 RSUs) 12 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights (2024 RSUs) — 65 shares (Direct); Dividend Equivalent Rights (2025 RSUs) — 12 shares (Direct)
Footnotes (1)
  1. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share. The dividend equivalent rights accrued in respect of the 2024 grant of restricted share units (RSU), and become exercisable proportionately with the restricted share units to which they relate. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share. The dividend equivalent rights accrued in respect of the 2025 grant of restricted share units (RSU), and become exercisable proportionately with the restricted share units to which they relate.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
LEWIS MICHAEL THOMAS STEVEN
(Last) (First) (Middle)
C/O RB GLOBAL, INC.
2 WESTBROOK CORPORATE CENTER
(Street)
WESTCHESTER IL 60154
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RB GLOBAL INC. [ RBA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operations Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Dividend Equivalent Rights (2024 RSUs) (1) 06/20/2025 A 20 (1) (1) Common Shares 20 $0 65 D
Dividend Equivalent Rights (2025 RSUs) (2) 06/20/2025 A 12 (2) (2) Common Shares 12 $0 12 D
Explanation of Responses:
1. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share. The dividend equivalent rights accrued in respect of the 2024 grant of restricted share units (RSU), and become exercisable proportionately with the restricted share units to which they relate.
2. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share. The dividend equivalent rights accrued in respect of the 2025 grant of restricted share units (RSU), and become exercisable proportionately with the restricted share units to which they relate.
/s/ Maria Teresa Punsalan, attorney-in-fact for Michael Thomas Steven Lewis 06/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider trading activity occurred at RBA on June 20, 2025?

On June 20, 2025, RBA's Chief Operations Officer Michael Thomas Steven Lewis acquired dividend equivalent rights related to restricted share units (RSUs). Specifically, he received 20 dividend equivalent rights for 2024 RSUs and 12 dividend equivalent rights for 2025 RSUs.

How many dividend equivalent rights does RBA's COO now own from the 2024 RSUs?

Following the reported transaction, RBA's Chief Operations Officer owns 65 dividend equivalent rights related to the 2024 RSUs, held in direct ownership.

What is the exercise price of RBA's dividend equivalent rights granted in June 2025?

The dividend equivalent rights were granted at $0 cost to the executive. Each right represents a contingent right to receive the economic equivalent of one RBA common share, and they become exercisable proportionately with the restricted share units to which they relate.

Who is the reporting insider for RBA's Form 4 filed on June 28, 2025?

The reporting insider is Michael Thomas Steven Lewis, who serves as the Chief Operations Officer of RB Global Inc. (RBA). The Form 4 was signed by Maria Teresa Punsalan as attorney-in-fact for Lewis on June 24, 2025.