RB Global (NYSE: RBA) director granted new dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RB Global Inc. director Michael D. Sieger reported awards of dividend equivalent rights that track the value of RB Global common shares. On March 2, 2026, he acquired 7 Dividend Equivalent Rights (DSUs) at a price of $0.0000 per right, bringing his total DSU-related rights to 66. He also acquired 6 Dividend Equivalent Rights tied to 2025 RSUs at $0.0000 per right, for a new total of 22 such rights. Each dividend equivalent right is a contingent right to receive the economic equivalent of one RB Global common share, accruing on deferred share units or restricted share units and becoming exercisable in step with the underlying units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sieger Michael D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights (DSUs) | 7 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights (2025 RSUs) | 6 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights (DSUs) — 66 shares (Direct);
Dividend Equivalent Rights (2025 RSUs) — 22 shares (Direct)
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 2025 grant of restricted share units (RSU), and become exercisable proportionately with the restricted share units to which they relate.
FAQ
What insider transaction did RB Global (RBA) report for Michael D. Sieger?
RB Global reported that director Michael D. Sieger received dividend equivalent rights as a grant or award. He acquired 7 rights related to deferred share units and 6 rights tied to 2025 restricted share units, all at a stated price of $0.0000 per right.
How many dividend equivalent rights did the RB Global director acquire in this Form 4?
The director acquired a total of 13 dividend equivalent rights. This includes 7 Dividend Equivalent Rights (DSUs) and 6 Dividend Equivalent Rights related to 2025 RSUs, each representing a contingent right to the economic equivalent of one RB Global common share.
What are dividend equivalent rights in the RB Global (RBA) insider filing?
Dividend equivalent rights give a contingent right to receive the economic equivalent of one RB Global common share. They accrue on deferred share units or restricted share units and become exercisable and payable concurrently or proportionately with the underlying units referenced in the Form 4 footnotes.
At what price were the RB Global dividend equivalent rights granted to the director?
Both sets of dividend equivalent rights were granted with a transaction price per right of $0.0000. This reflects that they are compensation awards rather than open-market purchases, linked to existing deferred share units and 2025 restricted share units held by the reporting person.
How many dividend equivalent rights does the RB Global director hold after these transactions?
After the reported grants, the director holds 66 Dividend Equivalent Rights (DSUs) and 22 Dividend Equivalent Rights tied to 2025 RSUs. These totals reflect the cumulative amounts following the March 2, 2026 acquisitions disclosed in the Form 4 filing.
How do the RB Global dividend equivalent rights relate to DSUs and RSUs?
Some dividend equivalent rights accrued on deferred share units, becoming exercisable and payable concurrently with those units. Others accrued on the 2025 restricted share unit grant, becoming exercisable proportionately with the related RSUs, as described in the Form 4 explanatory footnotes.