RB Global (RBA) CPO Jennifer Schmit Receives Award

What Happened

• Jennifer Laura Schmit, Chief People Officer of RB Global (RBA), was granted three derivative awards on 2026-09-17 totaling 15 dividend-equivalent rights (4, 4 and 7). Each was reported as acquired at $0.00 (derivative award), so the Form 4 lists no cash purchase value. These dividend-equivalent rights relate to restricted share unit (RSU) grants and represent contingent rights to receive the economic equivalent of RBA common shares.

Key Details

• Transaction date: 2026-09-17; Form filed: 2026-09-18 (timely).
• Awards: 4 DE rights (F1), 4 DE rights (F2), 7 DE rights (F3) — total 15 dividend-equivalent rights; reported price $0.00.
• Transaction code: A (grant/award/acquisition, derivative).
• Shares owned after transaction: not specified in the provided summary.
• Footnotes: F1–F3 explain each dividend-equivalent right represents a contingent right to receive the economic equivalent of one RBA common share, accrued with RSU grants from 2024 (F1), 2025 (F2) and 2026 (F3), and become exercisable proportionately with the underlying RSUs.

Context

• These are dividend-equivalent rights tied to RSUs (derivative compensation), not open-market purchases or sales. They typically reflect compensation accruals and will convert/pay out in line with the underlying RSU vesting/exercise schedule, so they are not a direct trading signal.