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  4. [Form 4] RB GLOBAL INC. Insider Trading Activity

RB Global (NYSE: RBA) grants dividend equivalent RSU rights

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

Rhea-AI Filing Summary

Schmit Jennifer Laura reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. reported that Chief People Officer Jennifer Laura Schmit received grants of dividend equivalent rights tied to prior restricted share unit awards. On June 18, 2026, she was awarded 5 rights related to 2026 RSUs, 3 related to 2025 RSUs, and 3 related to 2024 RSUs, for a total of 11 rights. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share and becomes exercisable proportionately with the underlying RSUs.

Positive

  • None.

Negative

  • None.
Insider Schmit Jennifer Laura
Role Chief People Officer
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights (2024 RSUs) 3 $0.00 --
Grant/Award Dividend Equivalent Rights (2025 RSUs) 3 $0.00 --
Grant/Award Dividend Equivalent Rights (2026 RSUs) 5 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights (2024 RSUs) — 34 shares (Direct, null); Dividend Equivalent Rights (2025 RSUs) — 22 shares (Direct, null); Dividend Equivalent Rights (2026 RSUs) — 5 shares (Direct, null)
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. 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.
2026 RSU dividend equivalent rights 5 rights Granted June 18, 2026 to CPO
2025 RSU dividend equivalent rights 3 rights Granted June 18, 2026 to CPO
2024 RSU dividend equivalent rights 3 rights Granted June 18, 2026 to CPO
Total dividend equivalent rights granted 11 rights Sum of 2024–2026 related grants
Rights outstanding after 2024-related grant 34 rights Total dividend equivalent rights following 2024 RSU transaction
Dividend Equivalent Rights financial
"Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share."
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.
restricted share units financial
"The dividend equivalent rights accrued in respect of the 2024 grant of restricted share units (RSU)."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
contingent right financial
"Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share."
economic equivalent financial
"Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share."
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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 ILLINOIS 60154
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
RB GLOBAL INC. [ RBA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalent Rights (2024 RSUs)(1)06/18/2026A3 (1) (1)Common Shares3$034D
Dividend Equivalent Rights (2025 RSUs)(2)06/18/2026A3 (2) (2)Common Shares3$022D
Dividend Equivalent Rights (2026 RSUs)(3)06/18/2026A5 (3) (3)Common Shares5$05D
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.
3. 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.
/s/ Maria Teresa Punsalan, attorney-in-fact for Jennifer Laura Schmit06/22/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did RB Global (RBA) report for Jennifer Laura Schmit?

RB Global reported that Chief People Officer Jennifer Laura Schmit received grants of dividend equivalent rights on June 18, 2026. These rights are linked to earlier RSU awards and provide the economic equivalent of common shares when the underlying units vest.

How many dividend equivalent rights were granted to the RB Global CPO?

Jennifer Laura Schmit was granted a total of 11 dividend equivalent rights. The grants included 5 rights tied to 2026 RSUs, 3 tied to 2025 RSUs, and 3 tied to 2024 RSUs, each linked to one RB Global common share equivalent.

What do RB Global dividend equivalent rights represent for RBA insiders?

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share. The rights accrue on RSU awards and become exercisable proportionately as the related restricted share units vest over time.

When do the RB Global dividend equivalent rights for the CPO become exercisable?

The dividend equivalent rights become exercisable proportionately with the restricted share units to which they relate. As each underlying RSU grant from 2024, 2025, and 2026 vests, the corresponding dividend equivalent rights tied to that grant also become exercisable.

Are the RB Global dividend equivalent rights direct or indirect holdings?

The Form 4 shows the dividend equivalent rights as directly held by Jennifer Laura Schmit. The transactions are coded with direct ownership, and there is no footnote indicating that an external entity or trust holds voting or investment authority.