RB Global Director Increases Stake Through Dividend Equivalent Rights

Rhea-AI Filing Summary

RB Global Director Sarah E. Raiss received dividend equivalent rights on June 20, 2025, reflecting two separate transactions:

• 54 Dividend Equivalent Rights related to deferred share units (DSUs), bringing total beneficial ownership to 1,852 units
• 5 Dividend Equivalent Rights connected to 2025 restricted share units (RSUs), with a total holding of 5 units

Both transactions were acquired at $0 cost and represent contingent rights to receive the economic equivalent of one RB Global common share each. The DSU-related rights become exercisable concurrent with the deferred share units, while the RSU-related rights vest proportionately with their corresponding restricted share units. All securities are held directly by the reporting person.

Insider Trade Summary

Grant/Award: 59 shares

Grant/Award 2 txns

Insider RAISS SARAH E.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights (DSUs)	54	$0.00	$0.00
Grant/Award	Dividend Equivalent Rights (2025 RSUs)	5	$0.00	$0.00

Holdings After Transaction: Dividend Equivalent Rights (DSUs) — 1,852 contracts (Direct); Dividend Equivalent Rights (2025 RSUs) — 5 contracts (Direct)

Footnotes (2)

1. F1. 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. 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.

FAQ

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

What insider trading activity occurred at RBA on June 20, 2025?

On June 20, 2025, RBA director Sarah E. Raiss received 54 Dividend Equivalent Rights (DSUs) and 5 Dividend Equivalent Rights related to 2025 RSUs. These were acquired at $0 cost and represent contingent rights to receive the economic equivalent of RBA common shares.

How many RBA Dividend Equivalent Rights (DSUs) does Sarah Raiss own after the June 2025 transaction?

Following the reported transaction, Sarah Raiss beneficially owns 1,852 Dividend Equivalent Rights (DSUs) directly. These DSUs become exercisable and payable concurrently with her deferred share units.

What is the exercise price of RBA's Dividend Equivalent Rights granted in June 2025?

The Dividend Equivalent Rights were granted at $0 cost to Sarah Raiss. Each right represents a contingent right to receive the economic equivalent of one RBA common share.

Who is Sarah Raiss and what is her role at RBA Global?

Sarah E. Raiss serves as a Director on the board of RB Global, Inc. (RBA). She is not an officer or 10% owner of the company, as indicated in the Form 4 filing.

When do the RBA 2025 RSU Dividend Equivalent Rights become exercisable?

The 2025 RSU Dividend Equivalent Rights become exercisable proportionately with the restricted share units (RSUs) to which they relate, as disclosed in the filing's explanation of responses.

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

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Accepted by SEC EDGAR 06/24/2025 - 02:26 PM EDT 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^*

RAISS SARAH E.

(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)
06/20/2025

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)	06/20/2025		A		54		(1)	(1)	Common Shares	54	$0	1,852	D
Dividend Equivalent Rights (2025 RSUs)	(2)	06/20/2025		A		5		(2)	(2)	Common Shares	5	$0	5	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 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 Sarah Raiss	06/24/2025
	** 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.