RB Global (RBA) CAO awarded new dividend equivalent rights on RSUs

Rhea-AI Filing Summary

RB Global Inc. reported an insider equity update for its Chief Accounting Officer, Christopher Carlson. On December 17, 2025, Carlson received additional dividend equivalent rights linked to previously granted restricted share units (RSUs).

The filing shows awards of dividend equivalent rights that correspond to 4 common shares tied to 2023 RSUs, 7 common shares tied to 2024 RSUs, and 3 common shares tied to 2025 RSUs. These instruments carry an exercise price of $0 and represent the economic equivalent of one RB Global common share each.

After these transactions, Carlson beneficially owned 40 such derivative rights related to the 2023 RSUs, 61 related to the 2024 RSUs, and 9 related to the 2025 RSUs, all held directly. The dividend equivalent rights become exercisable proportionately with the underlying RSUs.

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^*

Carlson Christopher

(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)

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

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 (2023 RSUs)	(1)	12/17/2025		A		4		(1)	(1)	Common Shares	4	$0	40	D
Dividend Equivalent Rights (2024 RSUs)	(2)	12/17/2025		A		7		(2)	(2)	Common Shares	7	$0	61	D
Dividend Equivalent Rights (2025 RSUs)	(3)	12/17/2025		A		3		(3)	(3)	Common Shares	3	$0	9	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 2023 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 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 Christopher Carlson	12/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider activity did RB Global Inc. (RBA) report in this Form 4?

The report shows that Christopher Carlson, Chief Accounting Officer of RB Global Inc., received additional dividend equivalent rights on December 17, 2025 tied to his existing restricted share unit (RSU) grants.

How many dividend equivalent rights did Christopher Carlson receive in this RB Global (RBA) filing?

Carlson received dividend equivalent rights corresponding to 4 common shares linked to 2023 RSUs, 7 common shares linked to 2024 RSUs, and 3 common shares linked to 2025 RSUs.

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, accruing on the related RSU grants for 2023, 2024, and 2025.

When do these RB Global (RBA) dividend equivalent rights become exercisable?

The dividend equivalent rights become exercisable proportionately with the restricted share units to which they relate, as the 2023, 2024, and 2025 RSUs vest over time.

What was the exercise price of the RB Global (RBA) dividend equivalent rights?

The filing states an exercise price of $0 for the dividend equivalent rights, meaning Carlson does not pay additional cash to receive their economic value when they become exercisable.

How many derivative securities does Christopher Carlson own after this RB Global (RBA) transaction?

Following the reported transactions, Carlson beneficially owned 40 dividend equivalent rights tied to 2023 RSUs, 61 tied to 2024 RSUs, and 9 tied to 2025 RSUs, all held directly.