[Form 4] RB GLOBAL INC. Insider Trading Activity

Rhea-AI Filing Summary

Jennifer Laura Schmit, Chief People Officer of RB Global Inc. (RBA), reported acquisition of dividend equivalent rights tied to restricted stock unit grants on 09/18/2025. She received 6 dividend equivalent rights related to the 2024 RSU grant and 4 dividend equivalent rights related to the 2025 RSU grant. Each dividend equivalent right represents the economic equivalent of one RBA common share and vests proportionately with the underlying RSUs. After these accruals, the filing shows beneficial ownership of 18 common shares attributable to the 2024-linked rights and 9 common shares attributable to the 2025-linked rights. The Form 4 was signed by an attorney-in-fact on behalf of Ms. Schmit on 09/22/2025.

Insights

Securities Analyst

TL;DR Routine accrual of dividend-equivalent rights tied to prior RSU grants; immaterial to capital structure.

This Form 4 reports non-cash accruals of dividend equivalent rights for an executive-level officer. The amounts are small (6 and 4 rights) and are exercisable proportionately with existing RSUs, meaning they mirror previously granted equity compensation rather than represent a new cash purchase or sale. For investors, this filing documents insider compensation mechanics and incremental potential dilution only when and if the associated RSUs vest and are settled in shares.

Corporate Governance Expert

TL;DR Disclosure aligns with standard executive equity compensation reporting; no governance red flags evident.

The filing identifies the reporting person, her role, and the nature of the accrued dividend equivalent rights, with clear linkage to the 2024 and 2025 RSU grants. The signature by an attorney-in-fact is properly noted. There is no indication of atypical timing, large transfers, or related-party transactions. This is a routine Section 16 disclosure of equity-related compensation accruals.

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
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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^*

Schmit Jennifer Laura

(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 People Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/18/2025

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)	09/18/2025		A		6		(1)	(1)	Common Shares	6	$0	18	D
Dividend Equivalent Rights (2025 RSUs)	(2)	09/18/2025		A		4		(2)	(2)	Common Shares	4	$0	9	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 Jennifer Laura Schmit	09/22/2025
	** 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.

FAQ

What transactions did Jennifer Laura Schmit report on Form 4 for RBA?

She reported accruals of dividend equivalent rights: 6 tied to 2024 RSUs and 4 tied to 2025 RSUs, both dated 09/18/2025.

What do the dividend equivalent rights represent in this filing?

Each right represents the economic equivalent of one RBA common share and vests proportionately with the underlying RSUs.

How many common shares are shown as beneficially owned following the reported transactions?

Following the transactions, the filing shows 18 common shares attributable to the 2024-linked rights and 9 common shares attributable to the 2025-linked rights.

What is Jennifer Schmit's position at RB Global Inc. as disclosed on the Form 4?

She is listed as the Chief People Officer of RB Global Inc.

When was the Form 4 signed and by whom?

The Form 4 was signed by an attorney-in-fact, Maria Teresa Punsalan, on behalf of Jennifer Laura Schmit on 09/22/2025.