STOCK TITAN

RB Global (RBA) director granted dividend equivalent rights tied to RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RB Global Inc. director Brian A. Bales reported acquiring additional derivative awards tied to company shares. On March 2, 2026, he received 7 Dividend Equivalent Rights related to deferred share units, 8 Dividend Equivalent Rights related to 2024 RSUs, and 6 Dividend Equivalent Rights related to 2025 RSUs, each at a price of $0.00 per right.

Each Dividend Equivalent Right represents a contingent right to receive the economic equivalent of one RB Global common share and becomes exercisable concurrently or proportionately with the underlying deferred share units or restricted share units.

Positive

  • None.

Negative

  • None.
Insider Bales Brian A
Role Director
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights (DSUs) 7 $0.00 --
Grant/Award Dividend Equivalent Rights (2024 RSUs) 8 $0.00 --
Grant/Award Dividend Equivalent Rights (2025 RSUs) 6 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights (DSUs) — 66 shares (Direct); Dividend Equivalent Rights (2024 RSUs) — 65 shares (Direct); Dividend Equivalent Rights (2025 RSUs) — 22 shares (Direct)
Footnotes (1)
  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. 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. 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.
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*
Bales Brian A

(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)
03/02/2026
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) 03/02/2026 A 7 (1) (1) Common Shares 7 $0 66 D
Dividend Equivalent Rights (2024 RSUs) (2) 03/02/2026 A 8 (2) (2) Common Shares 8 $0 65 D
Dividend Equivalent Rights (2025 RSUs) (3) 03/02/2026 A 6 (3) (3) Common Shares 6 $0 22 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 Brian Bales 03/04/2026
** 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.

FAQ

What insider transaction did RB Global (RBA) report for Brian A. Bales?

RB Global reported that director Brian A. Bales acquired Dividend Equivalent Rights on March 2, 2026. He received 7 rights tied to deferred share units, 8 tied to 2024 RSUs, and 6 tied to 2025 RSUs, all at a price of $0.00 per right.

What are Dividend Equivalent Rights in the RB Global (RBA) Form 4 filing?

Dividend Equivalent Rights are derivative awards representing a contingent right to the economic equivalent of one RB Global common share. They accrue on deferred share units or restricted share units and become exercisable concurrently or proportionately with the underlying units to which they relate.

How many Dividend Equivalent Rights linked to deferred share units did Brian A. Bales receive at RB Global (RBA)?

Brian A. Bales received 7 Dividend Equivalent Rights that accrued in respect of his deferred share units. These rights become exercisable and payable concurrently with the deferred share units and each represents the economic equivalent of one RB Global common share.

Did Brian A. Bales buy or sell RB Global (RBA) common shares in this Form 4?

The Form 4 reports acquisitions of Dividend Equivalent Rights, not open-market purchases or sales of common shares. These are derivative awards that track the economic value of RB Global common shares and are linked to existing deferred share units and restricted share units.