RB Global (RBA) CLO Darren Watt Receives 11 Awarded Derivative Units

What Happened

• Darren Jeffrey Watt, Chief Legal Officer of RB Global Inc. (RBA), received awards on 2026-06-18 consisting of 3 separate grants: 2, 3 and 6 dividend-equivalent rights (total 11) recorded as acquisitions (code A) at $0.00 each. These are derivative rights (not immediate common shares) with no immediate cash purchase price or sale proceeds reported.

Key Details

• Transaction date: 2026-06-18; filing date: 2026-06-22 (filed within the 2-business-day Form 4 requirement).
• Price per unit: $0.00; total immediate cash value shown: $0.
• Total units awarded: 11 dividend-equivalent rights (2 + 3 + 6).
• Shares/units owned after transaction: not specified in the filing.
• Footnotes: F1–F3 state each dividend-equivalent right is a contingent right to the economic equivalent of one RBA common share and accrued in respect of RSU grants from 2024 (F1), 2025 (F2) and 2026 (F3); they become exercisable proportionately with the related RSUs.
• Transaction code: A = Grant/Award (derivative acquisition).

Context

• These awards are derivative dividend-equivalent rights tied to restricted share unit (RSU) grants, meaning they represent contingent economic value linked to future RSU vesting rather than immediate stock ownership or a cash transaction. Such awards are common as part of executive compensation and do not by themselves signal a buy or sell decision.