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RB Global (RBA) CAO awarded dividend equivalent rights on RSU grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RB Global Inc. Chief Accounting Officer Christopher Carlson reported awards of dividend equivalent rights linked to prior restricted share unit (RSU) grants. On dividend payment date, he acquired 4 rights tied to 2023 RSUs, 7 rights tied to 2024 RSUs, and 3 rights tied to 2025 RSUs, each representing the economic equivalent of one RBA common share at no cash cost.

Positive

  • None.

Negative

  • None.
Insider Carlson Christopher
Role Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights (2023 RSUs) 4 $0.00 --
Grant/Award Dividend Equivalent Rights (2024 RSUs) 7 $0.00 --
Grant/Award Dividend Equivalent Rights (2025 RSUs) 3 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights (2023 RSUs) — 44 shares (Direct); Dividend Equivalent Rights (2024 RSUs) — 68 shares (Direct); Dividend Equivalent Rights (2025 RSUs) — 12 shares (Direct)
Footnotes (1)
  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. 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. 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.
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*
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)
03/02/2026
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) 03/02/2026 A 4 (1) (1) Common Shares 4 $0 44 D
Dividend Equivalent Rights (2024 RSUs) (2) 03/02/2026 A 7 (2) (2) Common Shares 7 $0 68 D
Dividend Equivalent Rights (2025 RSUs) (3) 03/02/2026 A 3 (3) (3) Common Shares 3 $0 12 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 03/04/2026
** 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.

FAQ

What insider transaction did RB Global (RBA) report for Christopher Carlson?

RB Global reported that Chief Accounting Officer Christopher Carlson received dividend equivalent rights as awards, not open-market purchases. These rights are tied to his 2023, 2024, and 2025 restricted share unit grants and mirror the economic value of RBA common share dividends.

How many dividend equivalent rights did the RB Global CAO receive in this Form 4?

Christopher Carlson received 4 dividend equivalent rights linked to 2023 RSUs, 7 linked to 2024 RSUs, and 3 linked to 2025 RSUs. Each right represents the economic equivalent of one RB Global common share, awarded at a price of $0.00 per right.

What are dividend equivalent rights in the RB Global (RBA) Form 4 filing?

Dividend equivalent rights in this filing are contingent rights to receive the economic equivalent of one RB Global common share per right. They accrue on RSU grants and become exercisable proportionately with the underlying restricted share units, aligning the award holder with dividend value over time.

Are the RB Global dividend equivalent rights awards a buy or a sell transaction?

The Form 4 classifies these as acquisition awards, not market buys or sales. The transaction code is “A” for grant or award, with a transaction price of $0.00 per right, indicating compensation-related equity rather than a cash purchase or sale in the open market.

How do the RB Global dividend equivalent rights relate to RSU grants?

The rights accrue in respect of RSU grants made in 2023, 2024, and 2025. Each year’s dividend equivalent rights become exercisable in proportion to the vesting or exercisability schedule of the related restricted share units, matching dividend economics as the RSUs vest.

Does the RB Global CAO hold these dividend equivalent rights directly or indirectly?

The Form 4 identifies Christopher Carlson’s ownership of the dividend equivalent rights as direct. The ownership code is “D,” and there is no footnote indicating any separate entity, trust, or partnership holding these awards on his behalf.