RB Global CEO granted dividend equivalent rights

RB GLOBAL INC.’s CEO received additional dividend equivalent rights linked to prior RSU awards, increasing his derivative-based exposure to RBA common shares.

Rhea-AI Filing Summary

RB GLOBAL INC. (symbol: RBA) is the issuer of record for a Form 4 filing submitted to the SEC. KESSLER JAMES FRANCIS reported acquisition or exercise transactions in this Form 4 filing.

RB GLOBAL INC. (RBA) reports that Chief Executive Officer James Francis Kessler received awards of dividend equivalent rights tied to existing RSU grants. On September 17, 2026, he was granted 53 dividend equivalent rights related to 2024 RSUs, 123 related to 2025 RSUs, and 186 related to 2026 RSUs, each representing a contingent right to the economic equivalent of one common share and becoming exercisable proportionately with the underlying RSUs.

Insider Trade Summary

Grant/Award: 362 shares

Grant/Award 3 txns

Insider KESSLER JAMES FRANCIS

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights (2024 RSUs) F1	53	$0.00	$0.00
Grant/Award	Dividend Equivalent Rights (2025 RSUs) F2	123	$0.00	$0.00
Grant/Award	Dividend Equivalent Rights (2026 RSUs) F3	186	$0.00	$0.00

Holdings After Transaction: Dividend Equivalent Rights (2024 RSUs) — 733 contracts (Direct); Dividend Equivalent Rights (2025 RSUs) — 747 contracts (Direct); Dividend Equivalent Rights (2026 RSUs) — 318 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.

Key Figures

Dividend equivalent rights granted (2024 RSUs): 53 rights Dividend equivalent rights granted (2025 RSUs): 123 rights Dividend equivalent rights granted (2026 RSUs): 186 rights +3 more

6 metrics

Dividend equivalent rights granted (2024 RSUs) 53 rights Grant/award acquisition on September 17, 2026

Dividend equivalent rights granted (2025 RSUs) 123 rights Grant/award acquisition on September 17, 2026

Dividend equivalent rights granted (2026 RSUs) 186 rights Grant/award acquisition on September 17, 2026

Dividend equivalent rights held after transaction (2024 RSUs) 733 rights Derivative position following September 17, 2026 transaction

Dividend equivalent rights held after transaction (2025 RSUs) 747 rights Derivative position following September 17, 2026 transaction

Dividend equivalent rights held after transaction (2026 RSUs) 318 rights Derivative position following September 17, 2026 transaction

Key Terms

Dividend equivalent right, restricted share units (RSU), economic equivalent

3 terms

Dividend equivalent right financial

"Each dividend equivalent right represents a contingent right to receive the economic"

restricted share units (RSU) financial

"rights accrued in respect of the 2024 grant of restricted share units (RSU)"

economic equivalent financial

"contingent right to receive the economic equivalent of one RBA common share"

FAQ

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

What insider transactions did RBA report for its CEO on September 17, 2026?

RB GLOBAL INC. reported that CEO James Francis Kessler acquired dividend equivalent rights tied to prior RSU grants: 53 rights for 2024 RSUs, 123 for 2025 RSUs, and 186 for 2026 RSUs, all at a reported price of $0.00 per right.

What are dividend equivalent rights in the RBA Form 4 filing?

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share. These rights accrued on RSU grants from 2024, 2025, and 2026 and become exercisable in proportion to the underlying RSUs to which they relate.

How many dividend equivalent rights tied to RSUs does the RBA CEO hold after these awards?

After the September 17, 2026 awards, James Francis Kessler holds 733 dividend equivalent rights related to 2024 RSUs, 747 related to 2025 RSUs, and 318 related to 2026 RSUs, all reported as direct derivative holdings.

Were the RBA CEO’s September 2026 transactions made under a Rule 10b5-1 plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that these dividend equivalent right awards were made pursuant to a Rule 10b5-1 trading plan.

Do these RBA dividend equivalent rights immediately deliver common shares?

No. The filing states each dividend equivalent right is a contingent right to the economic equivalent of one common share and will become exercisable proportionately with the RSUs from the 2024, 2025, or 2026 grants to which they relate.

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

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Available on EDGAR 09/18/2026 - 07:52 PM Accepted by SEC EDGAR 09/18/2026 - 07:52 PM Learn about SEC filing dates

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

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^*

KESSLER JAMES FRANCIS

(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)

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

X	Form 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)
			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 (2024 RSUs)	(1)	09/17/2026		A		53		(1)	(1)	Common Shares	53	$0	733	D
Dividend Equivalent Rights (2025 RSUs)	(2)	09/17/2026		A		123		(2)	(2)	Common Shares	123	$0	747	D
Dividend Equivalent Rights (2026 RSUs)	(3)	09/17/2026		A		186		(3)	(3)	Common Shares	186	$0	318	D

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 James F. Kessler	09/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)