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RB Global (RBA) CPO receives dividend equivalent rights on 2024, 2025 RSUs

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

Rhea-AI Filing Summary

RB Global Inc. reported that Chief People Officer Jennifer Laura Schmit received grants of dividend equivalent rights tied to her existing restricted share units. She acquired 7 dividend equivalent rights related to 2024 RSUs and 5 rights related to 2025 RSUs, each representing the economic equivalent of one RBA common share and vesting proportionately with the underlying RSUs.

Positive

  • None.

Negative

  • None.

Insights

Routine dividend-equivalent awards modestly increase an executive’s RSU-linked upside.

Chief People Officer Jennifer Laura Schmit received two small grants of dividend equivalent rights tied to her 2024 and 2025 restricted share units in RBA common shares. These rights mirror dividends that would be paid on actual shares.

Each right represents the economic equivalent of one share and becomes exercisable as the related RSUs vest. This structure keeps executive incentives aligned with shareholder returns without an immediate cash outlay by the company or open-market transactions.

The impact is limited in scale, with 7 rights linked to 2024 RSUs and 5 to 2025 RSUs, so this filing mainly documents a standard element of long-term incentive compensation rather than a directional bet on RB Global Inc. stock.

Insider Schmit Jennifer Laura
Role Chief People Officer
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights (2024 RSUs) 7 $0.00 --
Grant/Award Dividend Equivalent Rights (2025 RSUs) 5 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights (2024 RSUs) — 31 shares (Direct); Dividend Equivalent Rights (2025 RSUs) — 19 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*
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)
03/02/2026
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) 03/02/2026 A 7 (1) (1) Common Shares 7 $0 31 D
Dividend Equivalent Rights (2025 RSUs) (2) 03/02/2026 A 5 (2) (2) Common Shares 5 $0 19 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 03/04/2026
** 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 transaction did RB Global Inc. (RBA) report for Jennifer Laura Schmit?

RB Global reported that Chief People Officer Jennifer Laura Schmit received grants of dividend equivalent rights tied to her restricted share units. She acquired 7 rights linked to 2024 RSUs and 5 rights linked to 2025 RSUs, each tracking the economic value of one RBA common share.

What are dividend equivalent rights in the RB Global (RBA) Form 4 filing?

Dividend equivalent rights give the holder a contingent economic value equal to dividends on one common share. In this case, they accrued on Schmit’s 2024 and 2025 RSU grants and become exercisable over time as the related restricted share units vest according to their original schedules.

Does the RB Global (RBA) Form 4 show open-market buying or selling by Jennifer Laura Schmit?

The Form 4 does not show open-market buying or selling. It reports an acquisition coded as a grant or award of derivative securities, specifically dividend equivalent rights associated with existing restricted share units, granted at a price per right of zero dollars according to the transaction details.

How many RB Global (RBA) dividend equivalent rights does Jennifer Laura Schmit hold after these transactions?

After these transactions, Schmit holds 31 dividend equivalent rights related to the 2024 RSUs and 19 rights related to the 2025 RSUs. These totals reflect the cumulative derivative positions following the grants disclosed for March 2, 2026, as stated in the Form 4 data.

When do the RB Global (RBA) dividend equivalent rights granted to Jennifer Laura Schmit become exercisable?

The dividend equivalent rights become exercisable proportionately with the restricted share units they relate to. For Schmit, rights tied to the 2024 and 2025 RSU grants will vest on the same schedule as those RSUs, aligning her economic benefit with the underlying equity vesting.