Harford Chloe 4
Research Summary
AI-generated summary
RB Global (RBA) Director Chloe Harford Receives RSU Award
What Happened
Chloe Harford, a director of RB Global Inc. (RBA), was granted 1,965 restricted stock units (RSUs) on May 15, 2026. The Form 4 reports the award as an acquisition (code A) at $0.00 per unit (reported value $0) because the grant is a contingent derivative right to receive common shares upon vesting.
Key Details
- Transaction date: May 15, 2026; Grant type: RSU award (code A) of 1,965 units.
- Reported price/value: $0.00 per unit; total reported value $0 (derivative award).
- Shares owned following the transaction: Not specified in the filing.
- Footnotes: Each RSU represents a contingent right to receive one RBA common share. RSUs vest on the earlier of (i) the first anniversary of the grant date and (ii) the company’s next annual meeting of shareholders.
- Filing: Form 4 filed May 18, 2026 (accession 0001193125-26-228775).
Context
RSU grants are common compensation for directors and executives and are different from open‑market purchases or sales—they do not necessarily signal immediate bullish or bearish trading intent. The RSUs will convert to actual shares only if and when the vesting conditions are met; the market value will then depend on RBA’s share price at vesting.