KESSLER JAMES FRANCIS 4
Research Summary
AI-generated summary
RB Global (RBA) CEO James Kessler Receives Award of 257 Shares
What Happened
- James Francis Kessler, CEO of RB Global Inc. (RBA), was granted three dividend-equivalent/derivative awards on June 18, 2026 totaling 257 units: 37, 88 and 132 shares. Each was reported as acquired at $0.00 and is a derivative right tied to existing restricted share unit (RSU) grants.
Key Details
- Transaction date: 2026-06-18; Form 4 filed: 2026-06-22 (timely filing).
- Grants: 37 shares (F1), 88 shares (F2), 132 shares (F3); total = 257 dividend-equivalent rights.
- Price/value: $0.00 reported (these are dividend-equivalent rights, not cash purchases).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1–F3 state each dividend-equivalent right represents a contingent right to the economic equivalent of one RBA common share and accrues with, and becomes exercisable proportionately with, the related RSUs (2024, 2025, 2026 grants respectively).
Context
- These awards are compensation-related derivative rights that track RSU grants and do not involve an open-market purchase or sale. Such grants are common for executives and reflect compensation vesting mechanics rather than a direct bullish or bearish trade signal.