[Form 4] RB Global, Inc. Insider Trading Activity

Rhea-AI Filing Summary

RB Global Director Timothy J. O'Day reported the acquisition of dividend equivalent rights on June 20, 2025. The transactions included:

• 7 Dividend Equivalent Rights related to deferred share units (DSUs), bringing total holdings to 46 units
• 8 Dividend Equivalent Rights for 2024 restricted share units (RSUs), with total holdings now at 42 units
• 5 Dividend Equivalent Rights for 2025 RSUs, with total holdings of 5 units

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share. The rights become exercisable concurrently with their respective underlying securities (DSUs or RSUs). The transaction was executed at $0 cost, as these are dividend equivalent rights automatically accrued on existing equity awards. All securities are held directly by O'Day.

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

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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^*

O'Day Timothy J.

(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		7		(1)	(1)	Common Shares	7	$0	46	D
Dividend Equivalent Rights (2024 RSUs)	(2)	06/20/2025		A		8		(2)	(2)	Common Shares	8	$0	42	D
Dividend Equivalent Rights (2025 RSUs)	(3)	06/20/2025		A		5		(3)	(3)	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 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 Timothy O'Day	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.

FAQ

What insider trading activity occurred at RBA (RB Global) on June 20, 2025?

Director Timothy J. O'Day received dividend equivalent rights in three forms: 7 units related to deferred share units (DSUs), 8 units related to 2024 restricted share units (RSUs), and 5 units related to 2025 RSUs. All transactions were acquisitions at $0 cost.

How many dividend equivalent rights does Timothy O'Day now own at RBA?

Following the transactions, Timothy O'Day owns 46 dividend equivalent rights related to DSUs, 42 dividend equivalent rights related to 2024 RSUs, and 5 dividend equivalent rights related to 2025 RSUs, all held directly.

What is the nature of RBA's dividend equivalent rights granted to Timothy O'Day?

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share. These rights become exercisable concurrently with their respective underlying securities - either DSUs or RSUs - to which they relate.

Who filed the Form 4 for RBA's Timothy O'Day?

The Form 4 was filed by Maria Teresa Punsalan, acting as attorney-in-fact for Timothy O'Day, and was signed on June 24, 2025.