Carlson Christopher 4
Research Summary
AI-generated summary
RB Global (RBA) Chief Accounting Officer Christopher Carlson Exercises Awards
What Happened
- Christopher Carlson, RB Global’s Chief Accounting Officer, had restricted stock units (RSUs) and derivative awards (DERs) vest on March 14, 2026. A total of 2,647 vested DERs/RSUs were converted to common shares. To cover tax withholding, 778 shares were surrendered/withheld (cash value $76,695), leaving approximately 1,869 net shares to be issued to Carlson, net of tax. Separately, on March 13, 2026 he was granted 1,532 RSUs/DERs that vest in future installments.
Key Details
- Transaction dates: grant on 2026-03-13; vesting/conversion and tax withholding on 2026-03-14; Form 4 filed 2026-03-17.
- Vested/conversion total: 2,647 shares (1,152 + 43 + 1,079 + 27 + 343 + 3).
- Shares withheld for taxes: 778 shares (351 + 325 + 102) for a total cash amount of $76,695 ($34,637 + $32,071 + $9,987) at prices ~ $98.68 and $97.91.
- Net shares to be issued: ~1,869 shares (2,647 vested − 778 withheld); shares will be issued "as soon as practicable" per filing.
- New grant: 1,532 RSUs/DERs granted 3/13/2026 (vest in equal annual installments beginning 3/13/2027; underlying shares to be released net of tax).
- Footnotes: RSUs/DERs represent contingent rights to one common share or equivalent; the filing notes tax withholding on 2023–2025 awards that vested 3/14/2026. The conversions reflect vesting/settlement, not open-market sales.
- Filing timeliness: Form filed 3/17/2026 covering activity through 3/14/2026; the filing does not indicate a late/untimely report.
Context
- This was not a market sale or purchase signal — it was routine vesting of RSUs/DERs with shares withheld to satisfy tax obligations (a common cashless/withholding settlement).
- For retail investors: such withholding transactions are standard administrative events and do not necessarily indicate insider sentiment about the stock.