RB Global (NYSE: RBA) director awarded dividend equivalent rights on equity grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Elton Robert George reported acquisition or exercise transactions in this Form 4 filing.
RB Global Inc. director Robert George reported awards of dividend equivalent rights linked to his existing equity awards. On June 18, 2026, he received 7 rights tied to 2026 RSUs, 7 rights tied to 2025 RSUs, 10 rights tied to 2024 RSUs, and 96 rights tied to deferred share units. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share and becomes exercisable in step with the related RSUs or deferred share units. These are compensation-related grants rather than open-market share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Elton Robert George
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights (DSUs) | 96 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights (2024 RSUs) | 10 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights (2025 RSUs) | 7 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights (2026 RSUs) | 7 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights (DSUs) — 4,758 shares (Direct, null);
Dividend Equivalent Rights (2024 RSUs) — 93 shares (Direct, null);
Dividend Equivalent Rights (2025 RSUs) — 35 shares (Direct, null);
Dividend Equivalent Rights (2026 RSUs) — 7 shares (Direct, null)
Footnotes (1)
- The dividend equivalent rights accrued in respect of the reporting person's deferred share units, and become exercisable and payable concurrently with the deferred share units. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share. 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. 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 2026 grant of restricted share units (RSU), and become exercisable proportionately with the restricted share units to which they relate.
Key Figures
2026 RSU dividend equivalent rights granted: 7 rights
2025 RSU dividend equivalent rights granted: 7 rights
2024 RSU dividend equivalent rights granted: 10 rights
+4 more
7 metrics
2026 RSU dividend equivalent rights granted
7 rights
Award to Robert George on June 18, 2026
2025 RSU dividend equivalent rights granted
7 rights
Award to Robert George on June 18, 2026
2024 RSU dividend equivalent rights granted
10 rights
Award to Robert George on June 18, 2026
Deferred share unit dividend equivalent rights granted
96 rights
Award to Robert George on June 18, 2026
DSU-related dividend equivalent rights after transaction
4,758 rights
Total dividend equivalent rights on DSUs following June 18, 2026
2025 RSU-related dividend equivalent rights after transaction
35 rights
Total after June 18, 2026 award
2024 RSU-related dividend equivalent rights after transaction
93 rights
Total after June 18, 2026 award
Key Terms
Dividend equivalent rights, Deferred share units, Restricted share units (RSU), Contingent right
4 terms
Dividend equivalent rights financial
"The dividend equivalent rights accrued in respect of the reporting person's deferred share units"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Contingent right financial
"Each dividend equivalent right represents a contingent right to receive the economic equivalent"
FAQ
What insider transaction did RB Global (RBA) disclose for Robert George?
RB Global director Robert George reported awards of dividend equivalent rights on existing RSU and deferred share unit grants. These rights track dividends and provide the economic equivalent of additional common shares as his underlying equity awards vest or become payable.
How many dividend equivalent rights did the RB Global (RBA) director receive?
On June 18, 2026, Robert George received 7 rights on 2026 RSUs, 7 on 2025 RSUs, 10 on 2024 RSUs, and 96 on deferred share units. Each right corresponds to the economic value of one RB Global common share.
When do RB Global (RBA) dividend equivalent rights for the director become exercisable?
The dividend equivalent rights tied to RSUs become exercisable proportionately as the related RSUs vest, while those on deferred share units become exercisable and payable concurrently with the deferred share units. Timing therefore follows each underlying equity award’s vesting or payment schedule.
What does each RB Global (RBA) dividend equivalent right represent?
Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share. They accrue based on dividends on the company’s stock, aligning the director’s compensation with shareholder returns over the life of his equity awards.