RB Global (RBA) director receives new dividend equivalent rights awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DeWitt Adam reported acquisition or exercise transactions in this Form 4 filing.
RB Global Inc. director Adam DeWitt reported routine equity-related awards rather than open-market trades. He received 6 dividend equivalent rights linked to 2026 restricted share units and 25 dividend equivalent rights tied to deferred share units. Each right represents a contingent claim on the economic value of one RB Global common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DeWitt Adam
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights (DSUs) | 25 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights (2026 RSUs) | 6 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights (DSUs) — 580 shares (Direct, null);
Dividend Equivalent Rights (2026 RSUs) — 6 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 2026 grant of restricted share units (RSU), and become exercisable proportionately with the restricted share units to which they relate.
Key Figures
Dividend equivalent rights on 2026 RSUs: 6 rights
Dividend equivalent rights on DSUs granted: 25 rights
Total RSU-linked rights after transaction: 6 rights
+3 more
6 metrics
Dividend equivalent rights on 2026 RSUs
6 rights
Grant on 2026 restricted share units as of June 18, 2026
Dividend equivalent rights on DSUs granted
25 rights
Grant on deferred share units as of June 18, 2026
Total RSU-linked rights after transaction
6 rights
Total dividend equivalent rights on 2026 RSUs following grant
Total DSU-linked rights after transaction
580 rights
Dividend equivalent rights on deferred share units after grant
Underlying common shares per right
1 common share equivalent
Each dividend equivalent right mirrors one RB Global common share
Transaction code
A
Grant, award, or other acquisition of derivative awards
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 of one RBA common share"
FAQ
What insider transactions did RB Global (RBA) director Adam DeWitt report?
Adam DeWitt reported awards of 6 dividend equivalent rights tied to 2026 restricted share units and 25 dividend equivalent rights tied to deferred share units. These are compensation-related derivative awards, not open-market stock purchases or sales, and mirror the value of RB Global common shares.
What are dividend equivalent rights in the RB Global (RBA) Form 4 filing?
Dividend equivalent rights are derivative awards that give the holder the economic equivalent of one RB Global common share per right. They accrue on underlying deferred share units or restricted share units and become exercisable and payable when those underlying units vest or settle for the director.
How many RB Global (RBA) dividend equivalent rights does Adam DeWitt hold after these awards?
Following these awards, Adam DeWitt holds 6 dividend equivalent rights tied to 2026 restricted share units and 580 dividend equivalent rights tied to deferred share units. Each right corresponds to the economic value of one RB Global common share when the related units become payable or vest.
When do the RB Global (RBA) dividend equivalent rights reported by Adam DeWitt become exercisable?
Dividend equivalent rights on deferred share units become exercisable and payable concurrently with those deferred share units. Rights linked to 2026 restricted share units become exercisable proportionately as the related restricted share units vest, aligning the timing of the derivative awards with the underlying equity grants.