Elton Robert George 4
Research Summary
AI-generated summary
RB Global (RBA) Director Elton Robert George Receives Award
What Happened
- Elton Robert George, a director of RB Global Inc. (RBA), received four derivative awards on 2026-06-18 totaling 120 dividend-equivalent rights (96 + 10 + 7 + 7). Each award was reported as granted at $0.00 per share (derivative award), so no cash was exchanged. These are reported as awards/grants (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date and price: 2026-06-18; all items reported at $0.00 (derivative awards).
- Grant breakdown: 96, 10, 7 and 7 dividend-equivalent rights (total 120).
- Shares owned after the transaction: not specified in the filing.
- Footnotes: awards are dividend-equivalent rights tied to deferred share units and restricted share units (RSUs) from 2024–2026 grants; each right represents a contingent right to receive the economic equivalent of one RBA common share and becomes payable/exercisable with the related units (see F1–F4).
- Filing timeliness: report filed 2026-06-23 for a 2026-06-18 transaction (5 days later); Form 4s are normally due within 2 business days, so this filing appears delayed.
Context
- These awards are compensation-related derivative rights (not purchases or sales). Dividend-equivalent rights typically pay out the economic value of dividends when the underlying RSUs or deferred units vest or are paid — they do not represent immediate transferable common shares. Such grants are routine forms of director/executive compensation and do not on their own signal a buy/sell decision.