RB Global (RBA) CAO awarded dividend equivalent rights on RSU grants
Filing Impact
Filing Sentiment
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 Trade Summary
3 transactions reported
Mixed
3 txns
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)
- 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.
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.