O'Day Timothy J. 4
Research Summary
AI-generated summary
RB Global (RBA) Director Timothy J. O'Day Receives Award
What Happened
Timothy J. O'Day, a director of RB Global Inc. (RBA), was granted 1,965 restricted stock units (RSUs) on May 15, 2026. The Form 4 reports the acquisition as a derivative award at $0.00 consideration (code A), since RSUs are compensation rather than an open‑market purchase. The filing does not report a cash value paid at grant.
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-18 (timely filing).
- Grant: 1,965 RSUs; reported price/consideration: $0.00 (derivative award; acquisition code A).
- Shares owned after transaction: not disclosed in the provided filing.
- Footnotes: F1 — Each RSU is a contingent right to receive one RBA common share. F2 — RSUs vest upon the earlier of (i) the first anniversary of the grant date or (ii) the Company’s next annual shareholders’ meeting.
- No indication of a 10b5-1 plan, tax withholding sale, or immediate sale of underlying shares in this filing.
Context
RSU grants are a form of compensation/retention and do not represent an immediate market purchase or sale. The RSUs convert into common shares only if/when they vest per the schedule above, so this award increases potential future share ownership rather than current open‑market buying pressure.