STOCK TITAN

RB Global officer granted 15 dividend equivalent rights

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RB GLOBAL INC. (RBA) reported that Chief People Officer Jennifer Laura Schmit received grants of dividend equivalent rights tied to previously awarded restricted share units on September 17, 2026. She acquired 4 2024 dividend equivalent rights, 4 2025 dividend equivalent rights, and 7 2026 dividend equivalent rights, each representing the economic equivalent of one common share and becoming exercisable proportionately with the related 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) F1 4 $0.00 $0.00
Grant/Award Dividend Equivalent Rights (2025 RSUs) F2 4 $0.00 $0.00
Grant/Award Dividend Equivalent Rights (2026 RSUs) F3 7 $0.00 $0.00
Holdings After Transaction: Dividend Equivalent Rights (2024 RSUs) — 38 contracts (Direct); Dividend Equivalent Rights (2025 RSUs) — 26 contracts (Direct); Dividend Equivalent Rights (2026 RSUs) — 12 contracts (Direct)
Footnotes (3)
  1. F1. 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. F2. 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. F3. 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.
2024 dividend equivalent rights granted 4 rights Grant to Chief People Officer on September 17, 2026
2025 dividend equivalent rights granted 4 rights Grant to Chief People Officer on September 17, 2026
2026 dividend equivalent rights granted 7 rights Grant to Chief People Officer on September 17, 2026
2024 dividend equivalent rights held after transaction 38 rights Direct holdings following reported grant
2025 dividend equivalent rights held after transaction 26 rights Direct holdings following reported grant
2026 dividend equivalent rights held after transaction 12 rights Direct holdings following reported grant
Underlying common shares per right 1 common share equivalent per right Each dividend equivalent right equals economic value of one RBA common share
Dividend equivalent right financial
"Each dividend equivalent right represents a contingent right to receive the economic equivalent"
restricted share units financial
"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.
economic equivalent financial
"receive the economic equivalent of one RBA common share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did RBA report for Chief People Officer Jennifer Laura Schmit?

RBA reported that Chief People Officer Jennifer Laura Schmit was granted dividend equivalent rights on September 17, 2026, tied to her prior restricted share unit awards for 2024, 2025, and 2026. These represent the economic equivalent of RBA common shares.

How many dividend equivalent rights did Jennifer Laura Schmit acquire in this RBA Form 4?

She acquired 4 dividend equivalent rights related to 2024 RSUs, 4 related to 2025 RSUs, and 7 related to 2026 RSUs, for a total of 15 dividend equivalent rights, each tied to one RBA common share economically.

What are dividend equivalent rights in the context of RBA’s Form 4?

Each dividend equivalent right is a contingent right to receive the economic equivalent of one RBA common share. For Schmit’s awards, they accrued with her 2024, 2025, and 2026 RSU grants and become exercisable proportionately with the RSUs they relate to.

What are Jennifer Laura Schmit’s reported holdings of these RBA dividend equivalent rights after the transactions?

After the grants, she holds 38 2024 dividend equivalent rights, 26 2025 dividend equivalent rights, and 12 2026 dividend equivalent rights, all reported as held directly in the Form 4.

Were the RBA transactions for Jennifer Laura Schmit made under a Rule 10b5-1 plan?

No. The filing indicates that the Rule 10b5-1 checkbox is not marked as affirmative, so no Rule 10b5-1 trading plan is reported for these dividend equivalent right grants.

Do the dividend equivalent rights in this RBA filing convert into common shares immediately?

No. The footnotes state the dividend equivalent rights become exercisable proportionately with the restricted share units to which they relate, rather than converting into RBA common shares immediately on the grant date.

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

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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)
09/17/2026
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)09/17/2026A4 (1) (1)Common Shares4$038D
Dividend Equivalent Rights (2025 RSUs)(2)09/17/2026A4 (2) (2)Common Shares4$026D
Dividend Equivalent Rights (2026 RSUs)(3)09/17/2026A7 (3) (3)Common Shares7$012D
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 Schmit09/18/2026
** 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)

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