RB Global director adds dividend-linked rights

Rhea-AI Filing Summary

RB GLOBAL INC. (RBA) director Timothy J. O'Day reported automatic acquisitions of dividend equivalent rights tied to his existing equity awards on September 17, 2026. He received 9 Dividend Equivalent Rights on deferred share units, 11 on 2024 restricted share units, 8 on 2025 restricted share units, and 8 on 2026 restricted share units, each representing a contingent right to the economic equivalent of one common share. These rights accrue on his awards as dividends are paid and become exercisable concurrently or proportionately with the underlying units, and no Rule 10b5‑1 trading plan is reported.

Insider Trade Summary

Grant/Award: 36 shares

Grant/Award 4 txns

Insider O'Day Timothy J.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights (DSUs) F1	9	$0.00	$0.00
Grant/Award	Dividend Equivalent Rights (2024 RSUs) F2	11	$0.00	$0.00
Grant/Award	Dividend Equivalent Rights (2025 RSUs) F3	8	$0.00	$0.00
Grant/Award	Dividend Equivalent Rights (2026 RSUs) F4	8	$0.00	$0.00

Holdings After Transaction: Dividend Equivalent Rights (DSUs) — 82 contracts (Direct); Dividend Equivalent Rights (2024 RSUs) — 84 contracts (Direct); Dividend Equivalent Rights (2025 RSUs) — 35 contracts (Direct); Dividend Equivalent Rights (2026 RSUs) — 14 contracts (Direct)

Footnotes (4)

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 2024 grant of restricted share units (RSU), and become exercisable proportionately with the restricted share units to which they relate.
3. F3. 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.
4. F4. 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 2026 grant of restricted share units (RSU), and become exercisable proportionately with the restricted share units to which they relate.

Key Figures

Dividend Equivalent Rights (DSUs) acquired: 9 rights Dividend Equivalent Rights (DSUs) after transaction: 82 rights Dividend Equivalent Rights (2024 RSUs) acquired: 11 rights +5 more

8 metrics

Dividend Equivalent Rights (DSUs) acquired 9 rights Accrued on deferred share units on September 17, 2026

Dividend Equivalent Rights (DSUs) after transaction 82 rights Deferred share unit-related rights held directly after acquisition

Dividend Equivalent Rights (2024 RSUs) acquired 11 rights Accrued on 2024 restricted share units on September 17, 2026

Dividend Equivalent Rights (2024 RSUs) after transaction 84 rights 2024 RSU-related rights held directly after acquisition

Dividend Equivalent Rights (2025 RSUs) acquired 8 rights Accrued on 2025 restricted share units on September 17, 2026

Dividend Equivalent Rights (2025 RSUs) after transaction 35 rights 2025 RSU-related rights held directly after acquisition

Dividend Equivalent Rights (2026 RSUs) acquired 8 rights Accrued on 2026 restricted share units on September 17, 2026

Dividend Equivalent Rights (2026 RSUs) after transaction 14 rights 2026 RSU-related rights held directly after acquisition

Key Terms

Dividend Equivalent Rights, deferred share units, restricted share units (RSU), economic equivalent

4 terms

Dividend Equivalent Rights financial

"The dividend equivalent rights accrued in respect of the reporting person's deferred share units"

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.

deferred share units financial

"The dividend equivalent rights accrued in respect of the reporting person's deferred share units"

Deferred share units are promises that give an executive or director the right to receive company shares or their cash value at a future date, often when they retire or leave the company. Think of them as a paycheck held in a savings account that converts into stock later; they matter to investors because they tie pay to long-term performance, create potential future dilution of shares, and represent a delayed cash or share obligation the company must eventually fulfill.

restricted share units (RSU) financial

"The dividend equivalent rights accrued in respect of the 2024 grant of restricted share units (RSU)"

economic equivalent financial

"Each dividend equivalent right represents a contingent right to receive the economic equivalent"

FAQ

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

What did RB GLOBAL INC. (RBA) director Timothy J. O'Day report on this Form 4?

He reported four acquisitions of dividend equivalent rights on September 17, 2026, tied to his deferred share units and 2024, 2025, and 2026 restricted share units, each right representing the economic equivalent of one RBA common share.

How many dividend equivalent rights tied to deferred share units did RBA's O'Day receive?

He received 9 Dividend Equivalent Rights related to his deferred share units, bringing his directly held dividend equivalent rights in that series to 82 after the transaction.

What dividend equivalent rights were added to Timothy O'Day's 2024 RSUs at RBA?

He acquired 11 Dividend Equivalent Rights (2024 RSUs) on September 17, 2026, with his total holdings in that 2024 RSU-related right reported as 84 following the transaction.

What did the Form 4 disclose about RBA 2025 and 2026 RSU-related dividend rights for O'Day?

The Form 4 shows he acquired 8 Dividend Equivalent Rights (2025 RSUs), for 35 held after the transaction, and 8 Dividend Equivalent Rights (2026 RSUs), for 14 held after the transaction, each tied to future vesting of those RSUs.

Are Timothy O'Day’s dividend equivalent rights under a Rule 10b5‑1 trading plan at RBA?

No. The filing indicates no Rule 10b5‑1 trading plan for these transactions. They arose as grant or award acquisitions of dividend equivalent rights connected to existing deferred share units and restricted share units.

What does each dividend equivalent right reported by RBA represent?

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share, becoming exercisable concurrently or proportionately with the related deferred share units or restricted share units.

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

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Available on EDGAR 09/21/2026 - 06:26 PM Accepted by SEC EDGAR 09/21/2026 - 06:25 PM 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^*

O'Day Timothy J.

(Last) (First) (Middle)

C/O RB GLOBAL, INC.

2 WESTBROOK CORPORATE CENTER

(Street)

WESTCHESTER ILLINOIS 60154

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)	09/17/2026		A		9		(1)	(1)	Common Shares	9	$0	82	D
Dividend Equivalent Rights (2024 RSUs)	(2)	09/17/2026		A		11		(2)	(2)	Common Shares	11	$0	84	D
Dividend Equivalent Rights (2025 RSUs)	(3)	09/17/2026		A		8		(3)	(3)	Common Shares	8	$0	35	D
Dividend Equivalent Rights (2026 RSUs)	(4)	09/17/2026		A		8		(4)	(4)	Common Shares	8	$0	14	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.

4. 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 2026 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	09/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)