O'Day Timothy J. 4

What Happened

• Timothy J. O'Day, a director of RB Global Inc. (RBA), was granted a set of derivative awards on 2026-06-18. The Form 4 reports four award entries (7, 8, 5 and 6 units) acquired at $0.00 each, totaling 26 dividend-equivalent/RSU-related rights. These are contingent dividend-equivalent rights tied to deferred share units (DSUs) and restricted share units (RSUs), not a cash payout or open-market purchase.

Key Details

• Transaction date and price: 2026-06-18; four awards of 7, 8, 5 and 6 units at $0.00 (derivative/contingent rights).
• Total units granted: 26 dividend-equivalent rights (no immediate cash value reported).
• Shares owned after transaction: not provided in the supplied filing details.
• Footnotes: F1–F4 state these are dividend-equivalent rights that represent contingent rights to the economic equivalent of one RBA common share and vest/pay out concurrently or proportionately with the related DSUs/RSUs (from 2024–2026 grants).
• Timeliness: Report filed 2026-06-23 for a 2026-06-18 transaction (5 days later), which is outside the typical 2-business-day Form 4 reporting window.

Context

• These are award/derivative grants (coded "A") rather than purchases or sales. Dividend-equivalent rights generally mirror dividends on underlying DSUs/RSUs and become payable only if/when the underlying units vest or are settled, so they do not indicate an immediate change in cash position or open-market buying/selling.
• As a director-level award, this is standard compensation/long-term incentive reporting and should be viewed as an equity compensation event rather than a direct endorsement to buy or sell shares.