Schmit Jennifer Laura 4

What Happened

• Jennifer Schmit, Chief People Officer of RB Global (RBA), had RSUs/DERs vest on March 14, 2026 and converted those derivative awards into common shares. A total of 1,603 RSUs/DERs vested and were converted. To cover tax withholding, 491 shares were surrendered (327 shares at $98.68 = $32,268; 164 shares at $97.91 = $16,057), totaling ~$48,325. After withholding, approximately 1,112 shares were issued to Schmit. Separately, Schmit received a grant of 1,819 RSUs on March 13, 2026 that will vest in future installments.

Key Details

• Transaction dates: Grant on 2026-03-13; RSU/DER vesting and conversion on 2026-03-14; filing dated 2026-03-17.
• Shares/amounts: 1,603 RSUs/DERs vested; 491 shares withheld for taxes (~$48,325); net ~1,112 shares delivered. New RSU grant: 1,819 RSUs.
• Prices reported for withholding: $98.68 and $97.91 per share (used to compute withheld-share value). Derivative conversions shown at $0 (indicating in-kind conversion to shares).
• Shares owned after transaction: Not specified in this filing.
• Footnotes: RSUs and DERs each represent a contingent right to one common share (F1, F2). The vested RSUs/DERs were settled net of tax (F1, F3, F4). The 1,819 RSU grant vests in equal annual installments beginning March 13, 2027 and will be released net of tax (F5).
• Filing timeliness: Filing covers Mar 13–14 transactions and was submitted on Mar 17, 2026 (no late-filing flag provided here).

Context

• This was award vesting and conversion with shares withheld for tax — a routine administrative step rather than an outright market sale. The filing shows net settlement (shares withheld to cover tax obligations), not an open-market sale or purchase. Such withholding is common when equity awards vest and does not necessarily signal a change in the insider’s view of the company.