RB Global (NYSE: RBA) director receives 6 dividend equivalent rights grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RB Global Inc. director Gregory B. Morrison received a grant of dividend equivalent rights tied to his existing 2026 restricted share units. The award covers 6 dividend equivalent rights, each linked to one common share, and represents a routine, compensation-related acquisition rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morrison Gregory B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights (2026 RSUs) | 6 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights (2026 RSUs) — 6 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent rights granted: 6 rights
Underlying common shares: 6 shares
Grant price per right: $0.0000 per right
+1 more
4 metrics
Dividend equivalent rights granted
6 rights
Grant dated 2026-06-18
Underlying common shares
6 shares
Each right equals one common share
Grant price per right
$0.0000 per right
Compensation-related award, no purchase price
Derivative holdings after grant
6 rights
Total dividend equivalent rights following transaction
Key Terms
Dividend Equivalent Rights, restricted share units (RSU), contingent right, economic equivalent
4 terms
Dividend Equivalent Rights financial
"Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
contingent right financial
"Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share."
economic equivalent financial
"Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share."
FAQ
What insider transaction did RB Global (RBA) director Gregory B. Morrison report?
Gregory B. Morrison reported receiving 6 dividend equivalent rights tied to 2026 restricted share units. These rights mirror the value of RB Global common shares and are part of his equity compensation, not an open-market stock purchase or sale.
How many RB Global (RBA) dividend equivalent rights were granted in this filing?
The filing reports a grant of 6 dividend equivalent rights. Each right represents the economic equivalent of one RB Global common share and is linked to previously granted 2026 restricted share units as part of the director’s compensation package.
Are the RB Global (RBA) dividend equivalent rights an open-market purchase or sale?
No, the dividend equivalent rights are a compensation grant, not an open-market trade. They were awarded at no cost, accrue on 2026 restricted share units, and become exercisable in step with those underlying restricted share units over time.
What do RB Global (RBA) dividend equivalent rights represent for the holder?
Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share. They are tied to outstanding 2026 restricted share units and track the value of regular dividends paid on the company’s common shares.
When do the RB Global (RBA) dividend equivalent rights reported here become exercisable?
The dividend equivalent rights become exercisable proportionately with the related 2026 restricted share units. As the underlying restricted share units vest or become exercisable, the associated dividend equivalent rights follow the same schedule, aligning their timing with the equity award.