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RB Global Form 4 Filings

RBA NYSE

Every Form 4 that RB Global (RBA) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A Form 4 covers the transactions officers, directors and large holders report, so if you follow RBA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RBA filings page.

Rhea-AI Summary

RB GLOBAL INC. (RBA) director Chloe Harford reported purchasing 1,200 Common Shares on 2026-08-24 in an open-market or private transaction at $83.74 per share. After this transaction, she directly holds 1,200 Common Shares. The filing’s Rule 10b5-1 checkbox was not marked as a trading plan.

Rhea-AI Summary

RB GLOBAL INC. Chief Accounting Officer Christopher Carlson reported an open-market sale of 150 Common Shares at $115.00 per share. After this sale, he directly holds 3,514 Common Shares. He also has an indirect holding of 280 Common Shares through an Employee Stock Purchase Plan, which includes all plan purchases through May 14, 2026. This filing reflects a relatively small sale compared with his remaining direct ownership.

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Elton Robert George reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. director Robert George reported awards of dividend equivalent rights linked to his existing equity awards. On June 18, 2026, he received 7 rights tied to 2026 RSUs, 7 rights tied to 2025 RSUs, 10 rights tied to 2024 RSUs, and 96 rights tied to deferred share units. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share and becomes exercisable in step with the related RSUs or deferred share units. These are compensation-related grants rather than open-market share purchases or sales.

Rhea-AI Summary

RB Global Inc. director Timothy J. O'Day reported compensation-related awards rather than open‑market trades. On June 18, 2026, he acquired several small blocks of Dividend Equivalent Rights tied to his deferred share units and restricted share units for 2024, 2025, and 2026.

Each Dividend Equivalent Right provides the economic value of one RB Global common share, with no cash exercise price. These rights vest and become payable only when the related deferred share units or restricted share units vest or are settled, so they function as incremental, stock-linked compensation rather than immediate share ownership changes.

Rhea-AI Summary

Bales Brian A reported acquisition or exercise transactions in this Form 4 filing.

RB Global director Brian A. Bales received additional stock-based compensation tied to dividends rather than trading shares on the market. On June 18, 2026, he was granted a total of 26 dividend equivalent rights, each representing a contingent right to the economic value of one RBA common share.

The grants include rights linked to deferred share units and to restricted share units from the 2024, 2025, and 2026 RSU awards, plus director deferred share units. These rights accrue as dividends are paid and become exercisable and payable only as the related RSUs or deferred share units vest or are settled, so they function as routine, formula-based compensation rather than open-market purchases or sales.

Rhea-AI Summary

RB Global Inc. director Deborah Stein reported awards of dividend equivalent rights linked to existing restricted share units. On June 18, 2026, she acquired 6 rights tied to 2026 RSUs, 5 rights tied to 2025 RSUs, and 8 rights tied to 2024 RSUs, each at no cash cost. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share and becomes exercisable in step with the related RSUs. These are compensation-related derivative awards, not open-market share purchases or sales.

Rhea-AI Summary

RB Global Inc. director Carol Stephenson reported compensation-related awards rather than open‑market trades. On 2026-06-18, she acquired dividend equivalent rights tied to deferred share units and restricted share units, with grants of 6, 5, 8 and 13 rights at a price of $0.00 per right.

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share and becomes exercisable and payable in step with the related deferred share units or RSUs. Following these awards, reported holdings include 200 dividend equivalent rights linked to deferred share units, 73 linked to 2024 RSUs and 27 linked to 2025 RSUs, indicating small, routine adjustments to her equity-based compensation.

Rhea-AI Summary

RB Global Inc. Chief Accounting Officer Christopher Carlson received small grants of dividend equivalent rights linked to prior restricted share unit awards. On June 18, 2026, he acquired 4 rights tied to 2026 RSUs, 2 tied to 2025 RSUs, and 3 tied to 2024 RSUs. Each right represents a contingent claim to the economic value of one common share and becomes exercisable in step with the related RSUs.

Rhea-AI Summary

Guerin Eric reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. reported that Chief Financial Officer Eric Guerin received grants of dividend equivalent rights tied to his restricted share units. On June 18, 2026, he was awarded 27 dividend equivalent rights related to 2026 RSUs, 18 related to 2025 RSUs, and 17 related to 2024 RSUs. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share and becomes exercisable in step with the underlying RSUs. These are compensation-related awards, not open-market purchases or sales.

Rhea-AI Summary

KESSLER JAMES FRANCIS reported acquisition or exercise transactions in this Form 4 filing.

RB GLOBAL INC. Chief Executive Officer James Francis Kessler received grants of dividend equivalent rights tied to existing restricted share units. On June 18, 2026, he was awarded 132 rights related to 2026 RSUs, 88 rights related to 2025 RSUs, and 37 rights related to 2024 RSUs. Each right represents the economic equivalent of one common share and becomes exercisable in step with the underlying RSUs, functioning as a compensation enhancement rather than an open-market trade.

Rhea-AI Summary

LEWIS MICHAEL THOMAS STEVEN reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. Chief Operations Officer Michael Thomas Steven Lewis reported three compensation-related awards of dividend equivalent rights tied to restricted share units. He received 12 rights on 2026 RSUs, 8 rights on 2025 RSUs, and 10 rights on 2024 RSUs, each representing the economic equivalent of one common share and becoming exercisable proportionately with the underlying RSUs.

Rhea-AI Summary

Schmit Jennifer Laura reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. reported that Chief People Officer Jennifer Laura Schmit received grants of dividend equivalent rights tied to prior restricted share unit awards. On June 18, 2026, she was awarded 5 rights related to 2026 RSUs, 3 related to 2025 RSUs, and 3 related to 2024 RSUs, for a total of 11 rights. Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share and becomes exercisable proportionately with the underlying RSUs.

Rhea-AI Summary

Watt Darren Jeffrey reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. reported that Chief Legal Officer Darren Jeffrey Watt received small compensation-related awards of dividend equivalent rights tied to prior restricted share unit grants. On June 18, 2026, he was granted 6 rights linked to 2026 RSUs, 3 rights linked to 2025 RSUs, and 2 rights linked to 2024 RSUs.

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share and becomes exercisable proportionately with the underlying RSUs. These are non-cash, non-market transactions and do not represent open-market share purchases or sales.

Rhea-AI Summary

RB Global Inc. director Chloe Harford reported receiving a grant of dividend equivalent rights linked to her existing 2026 restricted share units. She acquired 6 dividend equivalent rights, each representing the economic equivalent of one common share, bringing her total holdings of these rights to 6.

The dividend equivalent rights accrued on the 2026 RSU award and will become exercisable over time in step with those underlying restricted share units. The grant was recorded at a price of $0.00 per right as part of her equity-based compensation.

Rhea-AI Summary

Sieger Michael D reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. director Michael D. Sieger reported routine compensation-related grants of derivative awards tied to the company’s dividend. He received 6 dividend equivalent rights linked to 2026 restricted share units and 7 dividend equivalent rights linked to deferred share units, each representing the economic value of one common share. Following these awards, he holds 6 such rights related to 2026 RSUs and 73 rights related to DSUs. These are non-cash awards and there were no open-market share purchases or sales.

Rhea-AI 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.

Rhea-AI Summary

DeWitt Adam reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. director Adam DeWitt reported routine equity-related awards rather than open-market trades. He received 6 dividend equivalent rights linked to 2026 restricted share units and 25 dividend equivalent rights tied to deferred share units. Each right represents a contingent claim on the economic value of one RB Global common share.

Rhea-AI Summary

RB Global Inc. director Deborah Stein reported an open-market purchase of company stock. On May 19, 2026, she bought 425 Common Shares at $103.15 per share, a U.S. dollar value converted from CAD142.36 using a Bank of Canada exchange rate of US1.00 = CAD$1.38.

Following this transaction, Stein directly holds 1,825 Common Shares of RB Global. This filing reflects a net increase in her ownership position through a straightforward open-market purchase.

Rhea-AI Summary

Harford Chloe reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. director Chloe Harford received a new equity award in the form of 1,965 Restricted Share Units (2026 RSUs). Each RSU represents a contingent right to receive one RB Global common share. The RSUs will vest on the earlier of the first anniversary of the grant date or the company’s next annual shareholder meeting, aligning director compensation with shareholder outcomes.

Rhea-AI Summary

Morrison Gregory B reported acquisition or exercise transactions in this Form 4 filing.

RB GLOBAL INC. director Gregory B. Morrison received a grant of 1,965 Restricted Share Units (2026 RSUs) on May 15, 2026. Each RSU represents a contingent right to receive one common share.

The 2026 RSUs will vest on the earlier of the first anniversary of the grant date or the company’s next annual meeting of shareholders. Following this award, Morrison holds 1,965 RSUs linked to an equal number of common shares.

Rhea-AI Summary

DeWitt Adam reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. director Adam DeWitt received a grant of 1,965 Restricted Share Units (2026 RSUs). Each RSU represents a contingent right to receive one RB Global common share. Following this award, DeWitt holds 1,965 RSUs directly.

The RSUs will vest upon the earlier of the first anniversary of the grant date or the company’s next annual meeting of shareholders. This is a compensation-related equity award rather than an open-market stock purchase or sale.

Rhea-AI Summary

Stephenson Carol reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. director Carol Stephenson reported receiving an equity award of 1,965 Restricted Share Units (2026 RSUs). Each RSU represents a contingent right to receive one RB Global common share, so the grant covers 1,965 underlying common shares.

The RSUs will vest upon the earlier of the first anniversary of the grant date or the company’s next annual meeting of shareholders following the grant date. After this award, Stephenson holds 1,965 RSUs directly, and the filing shows no open-market purchases or sales.

Rhea-AI Summary

Stein Deborah reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. director Deborah Stein received a grant of 1,965 Restricted Share Units (2026 RSUs). Each RSU represents a contingent right to receive one common share of RB Global. After this grant, she holds 1,965 RSUs directly.

The RSUs will vest upon the earlier of the first anniversary of the grant date or the company’s next annual meeting of shareholders following the grant date. This is a compensation-related equity award rather than an open-market share purchase or sale.

Rhea-AI Summary

Sieger Michael D reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. reported that director Michael D. Sieger received a grant of 1,965 Restricted Share Units (2026 RSUs). Each RSU represents a contingent right to receive one common share. The RSUs vest on the earlier of the first anniversary of the grant date or the company’s next annual shareholder meeting.

Rhea-AI Summary

O'Day Timothy J. reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. director Timothy J. O'Day received a grant of 1,965 Restricted Share Units tied to the company’s common shares. Each RSU represents a contingent right to one common share. The RSUs vest on the earlier of one year from grant or the company’s next annual shareholder meeting.

Rhea-AI Summary

Elton Robert George reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. director Robert George received a grant of 2,505 Restricted Share Units (2026 RSUs) on May 15, 2026 as equity compensation. Each RSU represents a contingent right to receive one common share. All 2,505 RSUs will vest upon the earlier of the first anniversary of the grant date or the company’s next annual meeting of shareholders.

Rhea-AI Summary

Bales Brian A reported acquisition or exercise transactions in this Form 4 filing.

RB Global Inc. director Brian A. Bales received a grant of 1,965 Restricted Share Units (2026 RSUs). Each RSU represents a contingent right to receive one RB Global common share. The RSUs vest upon the earlier of the first anniversary of the grant date or the company’s next annual meeting of shareholders following the grant date.

Rhea-AI Summary

RB Global Inc. Chief Accounting Officer Christopher Carlson reported an insider sale of common shares. On May 5, 2026, he completed an open-market sale of 140 Common Shares at $110.00 per share. After this transaction, he continues to hold 3,664 Common Shares directly and 153 Common Shares indirectly through an Employee Stock Purchase Plan, indicating he retains a meaningful equity stake in the company.

Rhea-AI Summary

RB Global Inc. director Adam DeWitt reported the vesting and conversion of equity awards into common shares. On April 30, 2026, a block of Restricted Share Units (2025 RSUs) and related Dividend Equivalent Rights (DERs) vested, each giving the right to receive one common share or its economic equivalent.

Upon vesting, 1,896 RSUs and 22 DERs were settled at a stated price of $0.00 per share, resulting in the acquisition of 1,918 common shares. The RSU and DER derivative positions were fully settled in this event, and there were no open-market purchases or sales reported in this filing.

Rhea-AI Summary

RB Global Inc. director Gregory B. Morrison reported routine equity compensation activity. On April 30, 2026, he exercised and converted 1,918 restricted share units and related dividend equivalent rights into the same number of common shares at an exercise price of $0.00 per share.

These RSUs and dividend equivalent rights, each representing a contingent right to receive one common share or its economic equivalent, vested on April 30, 2026, the date of the issuer’s annual and special shareholder meeting. Following these transactions, Morrison directly holds 4,583 common shares.

Rhea-AI Summary

RB Global Inc. director Michael D. Sieger reported compensation-related share acquisitions. On April 30, 2026, he exercised vested restricted share units (RSUs) and associated dividend equivalent rights, receiving 1,918 common shares at no cash cost. Each RSU and dividend equivalent right represented a contingent right to one common share or its economic equivalent, and they vested on the date of the issuer’s annual and special meeting of shareholders.

Rhea-AI Summary

RB Global Inc. director Sarah E. Raiss filed a Form 4 as a reporting person for the company’s shares. The filing’s transaction summary shows no reported purchases, sales, exercises, gifts, tax withholdings, or other share transactions during the reported period.

Rhea-AI Summary

RB Global Inc. director Deborah Stein reported an open-market purchase of common shares. On March 18, 2026, she bought 400 common shares at an average price of $98.74 per share, based on a purchase price of CAD135.22 converted using a Bank of Canada exchange rate. Following this transaction, she directly owns 1,400 common shares of RB Global Inc.

Rhea-AI Summary

RB Global Inc.’s Chief Legal Officer Darren Jeffrey Watt reported multiple equity compensation events. On March 14, 2026, his 2023 and 2024 performance share units, restricted share units, and related dividend equivalent rights vested and were settled into common shares through option-style exercises coded “M,” covering 13,644 derivative-based rights.

To cover associated taxes, the company withheld a total of 7,302 common shares in “F” transactions at prices around $98.68 and $97.91 per share, which are not open-market sales. After these settlements, Watt directly holds 31,216 common shares. He also holds 2,094 restricted share units (2026 RSUs) granted on March 13, 2026, each representing a contingent right to one common share, and 2,994 common shares indirectly through an Employee Stock Purchase Plan.

The new 2026 RSUs vest in equal annual installments beginning on March 13, 2027, with underlying common shares to be released net of tax. Overall, the filing reflects routine compensation vesting, tax withholding, and a new equity award rather than open-market buying or selling.

Rhea-AI Summary

RB Global Inc.’s Chief People Officer, Jennifer Laura Schmit, reported routine equity compensation activity. On March 14, 2026, previously granted 2024 and 2025 restricted share units and related dividend equivalent rights vested and were exercised, delivering 1,603 common shares at a conversion price of $0.00 per share.

To cover tax obligations on these vestings, a total of 491 common shares were withheld at prices of $98.68 and $97.91 per share. After these transactions, Schmit directly held 1,843 common shares. On March 13, 2026, she was also granted 1,819 new 2026 RSUs, which will vest in equal annual installments beginning March 13, 2027 and be settled in common shares net of tax.

Rhea-AI Summary

RB Global Inc. Chief Operations Officer Michael Thomas Steven Lewis reported multiple equity compensation transactions. On March 14, 2026, previously granted 2024 and 2025 restricted share units (RSUs) and related dividend equivalent rights vested and were exercised, delivering common shares to him. In connection with this vesting, a total of 2,593 common shares were disposed of at prices of 98.68 and 97.91 per share to cover tax liabilities, which is a standard, non-market-directed tax withholding mechanism rather than an open-market sale.

On March 13, 2026, he also received a new grant of 4,277 2026 RSUs, each representing a contingent right to one RB Global common share or its economic equivalent. According to the footnotes, these 2026 RSUs vest in equal annual installments beginning March 13, 2027, and any underlying common shares released upon vesting will be delivered net of applicable taxes.

Rhea-AI Summary

RB Global Inc. Chief Executive Officer James Francis Kessler reported multiple equity compensation events. On March 14, 2026, he exercised and settled performance share units, restricted share units, and related dividend equivalent rights into a total of 256,716 common shares, all at a stated price of $0.0000 per share. To cover tax obligations on these vested awards, 109,261 common shares were delivered back to the company at prices around $98.68 per share under tax-withholding transactions, not open‑market sales. After these transactions, he directly holds 255,024 common shares and indirectly holds 1,854 common shares through an employee stock purchase plan. On March 13, 2026, he also received a grant of 47,237 restricted share units that will vest in equal annual installments beginning on March 13, 2027.

Rhea-AI Summary

RB Global Inc. Chief Financial Officer Eric Guerin reported compensation-related equity transactions. On March 14, 2026, previously granted 2024 and 2025 restricted share units and related dividend equivalent rights vested and were exercised into a total of 9,393 common shares, with no cash exercise price.

To cover taxes on these vestings, 3,698 common shares were withheld by the company at prices around the high‑$90s per share, a non‑market disposition. After these transactions, Guerin directly held 9,410 common shares. On March 13, 2026, he also received a grant of 9,620 new 2026 RSUs, which will vest in equal annual installments beginning March 13, 2027.

Rhea-AI Summary

RB Global Inc.’s Chief Accounting Officer Christopher Carlson reported multiple equity compensation events. Several batches of 2023–2025 restricted share units and related dividend equivalent rights vested and were exercised into common shares at $0.00 per share, with shares delivered to him and a portion withheld to cover taxes.

Following these transactions, he directly owns 3,804 common shares and holds 1,532 2026 RSUs, each representing one common share or its economic equivalent. The 2026 RSUs were granted for 1,532 units and will vest in equal annual installments beginning on March 13, 2027, with underlying shares to be released net of applicable taxes.

Rhea-AI Summary

RB Global Inc. reported that Chief Legal Officer Darren Jeffrey Watt acquired derivative awards tied to existing equity grants. On 2026-03-02, he received 3, 4 and 6 dividend equivalent rights linked to 2023, 2024 and 2025 restricted share units, and 35 dividend equivalent rights linked to 2023 performance share units, for a total of 48 rights. Each right represents a contingent right to receive the economic equivalent of one RBA common share and becomes exercisable proportionately with the related RSUs or PSUs. These were granted at a price of $0.0000 per right and do not reflect open-market purchases or sales of common shares.

Rhea-AI Summary

RB Global Inc. reported that Chief People Officer Jennifer Laura Schmit received grants of dividend equivalent rights tied to her existing restricted share units. She acquired 7 dividend equivalent rights related to 2024 RSUs and 5 rights related to 2025 RSUs, each representing the economic equivalent of one RBA common share and vesting proportionately with the underlying RSUs.

Rhea-AI Summary

RB Global Inc. Chief Operations Officer Michael Thomas Steven Lewis reported acquiring additional derivative awards linked to company stock. On March 2, 2026, he received 23 Dividend Equivalent Rights related to 2024 RSUs and 13 Dividend Equivalent Rights related to 2025 RSUs, each at a price of $0.00 per right.

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share and will become exercisable proportionately with the underlying restricted share units to which it relates.

Rhea-AI Summary

RB Global Inc. Chief Executive Officer James Francis Kessler reported grants of dividend equivalent rights linked to his existing 2023–2025 restricted share units and 2023 performance share units. These awards carry a zero exercise price and represent the economic equivalent of one RB Global common share per right.

The new grants include 54 rights tied to 2023 RSUs, 82 rights tied to 2024 RSUs, 145 rights tied to 2025 RSUs, and 648 rights tied to 2023 PSUs. Each right becomes exercisable in step with the underlying RSUs or PSUs to which it relates.

Rhea-AI Summary

RB Global Inc. Chief Financial Officer Eric Guerin reported awards of dividend equivalent rights linked to his restricted share units. On March 2, 2026, he acquired 38 rights tied to 2024 RSUs and 30 rights tied to 2025 RSUs, each representing the economic equivalent of one common share and vesting proportionately with the related RSUs.

Rhea-AI 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.

Rhea-AI Summary

RB Global Inc. director Carol Stephenson reported awards of dividend equivalent rights tied to her equity compensation. On the reported date she acquired 13 dividend equivalent rights on deferred share units, 8 rights related to 2024 restricted share units, and 6 rights related to 2025 restricted share units.

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share, becoming exercisable in step with the underlying deferred share units or restricted share units.

Rhea-AI Summary

RB Global Inc. director Deborah Stein reported the acquisition of additional dividend equivalent rights tied to her restricted share units. On March 2, 2026, she was granted 8 dividend equivalent rights related to 2024 RSUs and 6 dividend equivalent rights related to 2025 RSUs, each at a price of $0.00 per right.

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RB Global common share and becomes exercisable over time proportionately with the related RSUs. After these awards, her reported holdings in these rights increased to 65 rights for the 2024 RSUs and 22 rights for the 2025 RSUs.

Rhea-AI Summary

RB Global Inc. director Michael D. Sieger reported awards of dividend equivalent rights that track the value of RB Global common shares. On March 2, 2026, he acquired 7 Dividend Equivalent Rights (DSUs) at a price of $0.0000 per right, bringing his total DSU-related rights to 66. He also acquired 6 Dividend Equivalent Rights tied to 2025 RSUs at $0.0000 per right, for a new total of 22 such rights. Each dividend equivalent right is a contingent right to receive the economic equivalent of one RB Global common share, accruing on deferred share units or restricted share units and becoming exercisable in step with the underlying units.

Rhea-AI Summary

RB Global Inc. director Sarah E. Raiss reported awards of dividend equivalent rights tied to her existing equity-based compensation. On March 2, 2026, she acquired 58 Dividend Equivalent Rights (DSUs) at $0.00 per right, bringing her total DSUs to 2,023.

On the same date, she also acquired 6 Dividend Equivalent Rights (2025 RSUs) at $0.00 per right, increasing these rights to 22. Each right gives a contingent economic equivalent to one RB Global common share and generally vests alongside the related units.

Rhea-AI Summary

RB GLOBAL INC. director Timothy J. O'Day reported the acquisition of additional derivative-based compensation tied to company shares. On March 2, 2026, he was granted 7 Dividend Equivalent Rights linked to deferred share units, and 8 and 6 Dividend Equivalent Rights linked to 2024 and 2025 restricted share unit grants.

Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share and becomes exercisable and payable in step with the related deferred share units or RSUs. These are non-cash, stock-linked awards rather than open-market share purchases or sales.