RB Global officer granted 15 dividend equivalent rights
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 Trade Summary
Grant/Award: 15 shares
Grant/Award
3 txns
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)
- 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.
- 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.
- 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.
Key Figures
2024 dividend equivalent rights granted: 4 rights
2025 dividend equivalent rights granted: 4 rights
2026 dividend equivalent rights granted: 7 rights
+4 more
7 metrics
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
Key Terms
Dividend equivalent right, restricted share units, economic equivalent
3 terms
Dividend equivalent right financial
"Each dividend equivalent right represents a contingent right to receive the economic equivalent"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.