[Form 4] RB GLOBAL INC. Insider Trading Activity

Rhea-AI Filing Summary

RB Global Inc. director reports dividend-equivalent awards on Form 4. A board member of RB Global Inc. (RBA) disclosed three acquisitions of derivative securities on 12/17/2025, all at a price of $0. These are dividend equivalent rights tied to existing deferred share units and restricted share units, each representing the economic equivalent of one common share.

The director acquired 102 dividend equivalent rights related to deferred share units, bringing total beneficial ownership of these derivative securities to 4,566 held directly. In addition, the director acquired 10 dividend equivalent rights linked to a 2024 restricted share unit grant, for a total of 72, and 7 similar rights linked to a 2025 restricted share unit grant, for a total of 20. These rights become exercisable and payable in line with the underlying deferred or restricted share units.

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

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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^*

Elton Robert George

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/17/2025

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

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
Dividend Equivalent Rights (DSUs)	(1)	12/17/2025		A		102		(1)	(1)	Common Shares	102	$0	4,566	D
Dividend Equivalent Rights (2024 RSUs)	(2)	12/17/2025		A		10		(2)	(2)	Common Shares	10	$0	72	D
Dividend Equivalent Rights (2025 RSUs)	(3)	12/17/2025		A		7		(3)	(3)	Common Shares	7	$0	20	D

Explanation of Responses:

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.

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 2024 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 2025 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 Robert George Elton	12/19/2025
	** 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.

FAQ

What insider transaction did RB Global Inc. (RBA) report on this Form 4?

A director of RB Global Inc. (RBA) reported acquiring dividend equivalent rights on 12/17/2025, which are derivative securities tied to existing deferred and restricted share units.

How many dividend equivalent rights did the RB Global (RBA) director acquire?

The director acquired 102 dividend equivalent rights related to deferred share units, 10 related to a 2024 restricted share unit grant, and 7 related to a 2025 restricted share unit grant.

What do the dividend equivalent rights represent for RB Global (RBA)?

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share, payable in step with the underlying deferred or restricted share units.

How many derivative securities does the RB Global (RBA) director hold after these transactions?

After the 12/17/2025 transactions, the director beneficially owns 4,566 dividend equivalent rights associated with deferred share units, 72 associated with the 2024 restricted share units, and 20 associated with the 2025 restricted share units, all held directly.

Were any cash payments involved in the RB Global (RBA) Form 4 transactions?

No cash price was paid for these awards, as each of the reported dividend equivalent rights was acquired at a stated price of $0 per derivative security.

What is the relationship of the reporting person to RB Global Inc. (RBA)?

The reporting person is identified as a director of RB Global Inc., and the Form 4 indicates it is filed by one reporting person.