RB Global (RBA) Director Brian A. Bales Receives Award

What Happened

• Brian A. Bales, a director of RB Global Inc. (RBA), received four awards on September 17, 2026 totaling 36 derivative rights (9, 11, 8, and 8 shares). Each was reported as an award/acquisition (code A) at $0.00 per unit — these are dividend-equivalent derivative rights, not immediate common-share issuances. This is a compensation award rather than a market purchase or sale.

Key Details

• Transaction date: 2026-09-17; filing date: 2026-09-21 (timely under Form 4 rules).
• Reported as awards (code A) of derivative rights at $0.00; counts: 9, 11, 8, 8 (total 36).
• Ownership after transaction: not specified in this filing.
• Footnotes: the rights are dividend-equivalent rights that represent a contingent right to receive the economic equivalent of one RBA common share and accrue in respect of deferred share units (DSUs) and restricted share units (RSUs) from 2024–2026; they become exercisable/payable together with the underlying DSUs/RSUs.
• No cash received or sold; no indication of tax withholding, 10b5-1, or late filing.

Context

• Dividend-equivalent rights are derivative compensation that track dividends on underlying DSUs/RSUs and pay out (or convert) only when the underlying awards vest or become payable. They do not reflect an immediate purchase or sale of common stock and should be viewed as part of routine equity compensation for insiders.