RB Global CLO Receives Stock Awards Through Dividend Equivalent Rights
RB Global Chief Legal Officer Darren Jeffrey Watt received dividend equivalent rights on June 20, 2025, related to previously granted restricted share units (RSUs).
Rhea-AI Filing Summary
RB Global Chief Legal Officer Darren Jeffrey Watt received dividend equivalent rights on June 20, 2025, related to previously granted restricted share units (RSUs). The transactions include:
- 2023 RSUs: Acquired 3 dividend equivalent rights, bringing total to 26
- 2024 RSUs: Acquired 4 dividend equivalent rights, bringing total to 22
- 2025 RSUs: Acquired 5 dividend equivalent rights, bringing total to 5
Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share. These rights become exercisable proportionately with their corresponding RSU grants. All transactions were executed at $0 cost and are held in direct ownership. The filing was signed by Maria Teresa Punsalan as attorney-in-fact for the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights (2023 RSUs) | 3 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights (2024 RSUs) | 4 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights (2025 RSUs) | 5 | $0.00 | $0.00 |
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 2023 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 2024 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 2025 grant of restricted share units (RSU), and become exercisable proportionately with the restricted share units to which they relate.
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