STOCK TITAN
  1. Home
  2. Sec-filings
  3. RBA
  4. [Form 4] RB GLOBAL INC. Insider Trading Activity

[Form 4] RB GLOBAL INC. Insider Trading Activity

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

Rhea-AI Filing Summary

RB Global Inc. Chief Operations Officer Michael Thomas Steven Lewis reported multiple equity compensation transactions. On March 14, 2026, previously granted 2024 and 2025 restricted share units (RSUs) and related dividend equivalent rights vested and were exercised, delivering common shares to him. In connection with this vesting, a total of 2,593 common shares were disposed of at prices of 98.68 and 97.91 per share to cover tax liabilities, which is a standard, non-market-directed tax withholding mechanism rather than an open-market sale.

On March 13, 2026, he also received a new grant of 4,277 2026 RSUs, each representing a contingent right to one RB Global common share or its economic equivalent. According to the footnotes, these 2026 RSUs vest in equal annual installments beginning March 13, 2027, and any underlying common shares released upon vesting will be delivered net of applicable taxes.

Positive

  • None.

Negative

  • None.
Insider LEWIS MICHAEL THOMAS STEVEN
Role Chief Operations Officer
Type Security Shares Price Value
Exercise Restricted Share Units (2024 RSUs) 3,581 $0.00 $0.00
Exercise Dividend Equivalent Rights (2024 RSUs) 63 $0.00 $0.00
Exercise Restricted Share Units (2025 RSUs) 1,434 $0.00 $0.00
Exercise Dividend Equivalent Rights (2024 RSUs) 16 $0.00 $0.00
Exercise Common Shares 3,581 $0.00 $0.00
Exercise Common Shares 63 $0.00 $0.00
Exercise Price or Tax Liability Common Shares 1,855 $98.68 $183K
Exercise Common Shares 1,434 $0.00 $0.00
Exercise Common Shares 16 $0.00 $0.00
Exercise Price or Tax Liability Common Shares 738 $97.91 $72K
Grant/Award Restricted Share Units (2026 RSUs) 4,277 $0.00 $0.00
Holdings After Transaction: Restricted Share Units (2024 RSUs) — 3,582 shares (Direct); Dividend Equivalent Rights (2024 RSUs) — 99 shares (Direct); Restricted Share Units (2025 RSUs) — 2,868 shares (Direct); Restricted Share Units (2026 RSUs) — 4,277 shares (Direct); Common Shares — 2,501 shares (Direct)
Footnotes (5)
  1. F1. Each RSU and DER represent a contingent right to receive one RBA common share or the economic equivalent thereof. The RSUs and DERs vested on March 14, 2026, the RSUs and DERs will be settled in common shares issued to the reporting person, net applicable tax, as soon as practicable.
  2. F2. Each restricted share unit ("RSU") represents a contingent right to receive one RBA common share or the economic equivalent thereof.
  3. F3. Tax withholding on the 2024 RSUs & DERs that vested on March 14, 2026.
  4. F4. Tax withholding on the 2025 RSUs & DERs that vested on March 14, 2026
  5. F5. The RSUs vest in equal annual installments beginning March 13, 2027. The common shares underlying vested RSUs will be released to the reporting person, net of tax.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →

FAQ

What equity transactions did RB Global (RBA) COO Michael Lewis report?
He reported RSU vesting, related share issuances, tax withholding, and a new RSU grant. Vested 2024 and 2025 RSUs and dividend equivalents converted into common shares, and he received 4,277 new 2026 RSUs as equity-based compensation.

How many shares were used for tax withholding in the RB Global (RBA) Form 4?
The filing shows 2,593 common shares withheld to cover tax obligations. These dispositions occurred at prices of $98.68 and $97.91 per share and are categorized as tax-withholding transactions, not discretionary open-market sales.

What RSU grant did the RB Global (RBA) COO receive on March 13, 2026?
He received a grant of 4,277 restricted share units labeled 2026 RSUs. Each RSU represents a contingent right to one RB Global common share or its economic equivalent, vesting in equal annual installments beginning March 13, 2027.

How do the vested RSUs in the RB Global (RBA) Form 4 convert into shares?
Each vested RSU and dividend equivalent right converts into one RB Global common share or its economic equivalent. After vesting on March 14, 2026, the resulting common shares are issued to the reporting person, net of applicable tax withholding.

Are the RB Global (RBA) Form 4 tax-withholding transactions open-market sales?
No, the F-code transactions are for tax withholding related to RSUs that vested on March 14, 2026. They represent payment of tax liabilities by delivering shares back, rather than discretionary open-market selling by the executive.

When will the new 2026 RSUs for RB Global (RBA) COO begin vesting?
The 2026 RSUs begin vesting in equal annual installments starting March 13, 2027. Upon each vesting date, the underlying common shares will be released to the reporting person, delivered net of applicable withholding taxes.
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*
LEWIS MICHAEL THOMAS STEVEN
(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 Operations Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
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
Common Shares 03/14/2026 M 3,581 A (1) 3,581 D
Common Shares 03/14/2026 M 63 A (1) 3,644 D
Common Shares 03/14/2026 F 1,855(3) D $98.68 1,789 D
Common Shares 03/14/2026 M 1,434 A (1) 3,223 D
Common Shares 03/14/2026 M 16 A (1) 3,239 D
Common Shares 03/14/2026 F 738(4) D $97.91 2,501 D
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
Restricted Share Units (2024 RSUs) (1) 03/14/2026 M 3,581 (1) (1) Common Shares 3,581 $0 3,582 D
Dividend Equivalent Rights (2024 RSUs) (1) 03/14/2026 M 63 (1) (1) Common Shares 63 $0 65 D
Restricted Share Units (2025 RSUs) (1) 03/14/2026 M 1,434 (1) (1) Common Shares 1,434 $0 2,868 D
Dividend Equivalent Rights (2024 RSUs) (1) 03/14/2026 M 16 (1) (1) Common Shares 16 $0 34 D
Restricted Share Units (2026 RSUs) (2) 03/13/2026 A 4,277 (5) (5) Common Shares 4,277 $0 4,277 D
Explanation of Responses:
1. Each RSU and DER represent a contingent right to receive one RBA common share or the economic equivalent thereof. The RSUs and DERs vested on March 14, 2026, the RSUs and DERs will be settled in common shares issued to the reporting person, net applicable tax, as soon as practicable.
2. Each restricted share unit ("RSU") represents a contingent right to receive one RBA common share or the economic equivalent thereof.
3. Tax withholding on the 2024 RSUs & DERs that vested on March 14, 2026.
4. Tax withholding on the 2025 RSUs & DERs that vested on March 14, 2026
5. The RSUs vest in equal annual installments beginning March 13, 2027. The common shares underlying vested RSUs will be released to the reporting person, net of tax.
/s/ Maria Teresa Punsalan, attorney-in-fact for Michael Thomas Steven Lewis 03/17/2026
** 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