RB GLOBAL INC.·4

Jun 22, 3:09 PM ET

Schmit Jennifer Laura 4

Research Summary

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RB Global (RBA) CPO Jennifer Schmit Receives Award

What Happened

  • Jennifer Laura Schmit, Chief People Officer of RB Global (RBA), was granted derivative awards on 2026-06-18 totaling 11 dividend‑equivalent rights linked to restricted share units (RSUs). The filing lists three grant items: 3 rights (F1), 3 rights (F2) and 5 rights (F3), each reported at $0.00 (derivative awards rather than open‑market purchases).

Key Details

  • Transaction date: 2026-06-18; Form 4 filed: 2026-06-22.
  • Grants reported: 3 rights @ $0.00 (footnote F1); 3 rights @ $0.00 (F2); 5 rights @ $0.00 (F3) — total = 11 derivative rights.
  • Transaction code: A (award/grant); reported monetary value = $0 (derivative).
  • Shares owned after the transaction: not disclosed in this filing.
  • Footnotes F1–F3: each right is a dividend equivalent right — a contingent right to receive the economic equivalent of one RBA common share that accrues in respect of RSU grants from 2024, 2025 and 2026 and becomes exercisable proportionately with those RSUs.
  • No indication in this filing of a 10b5‑1 plan, tax‑withholding sale, or an immediate sale of shares.

Context

  • These entries are compensation‑related derivative awards tied to RSUs (not purchases or sales). Dividend equivalent rights typically pay out or convert in line with the underlying RSU vesting schedule and are common executive compensation, so they do not on their own signal a buy/sell decision by the insider.