Baron Concors - Feb 15, 2024 Form 4 Insider Report for RB GLOBAL INC. (RBA)

Role
Chief Product & Tech. Officer
Signature
/s/ Maria Teresa Punsalan, attorney-in-fact for Baron Concors
Stock symbol
RBA
Transactions as of
Feb 15, 2024
Transactions value $
$0
Form type
4
Date filed
2/20/2024, 05:52 PM
Previous filing
Dec 26, 2023
Next filing
Feb 27, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RBA Dividend Equivalent Rights (2021 PSUs) Award $0 +1.18K $0.00 1.18K Feb 15, 2024 Common Shares 1.18K Direct F1, F2
transaction RBA Performance Share Units (2021 PSUs) Award $0 +17.3K $0.00 17.3K Feb 15, 2024 Common Shares 17.3K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share. The dividend equivalent rights accrued in respect of the 2021 grant of performance share units, and become exercisable proportionately with the performance share units to which they relate.
F2 The RB Global, Inc. Compensation Committee determined that the PSUs, previously granted to the reporting person, are eligible for vesting because certain performance criteria were satisfied.
F3 Each PSU represents a contingent right to receive one RBA common share or the economic equivalent thereof.
F4 The PSUs vest on 2/24/2024.The commons shares underlying vested PSUs or the cash value thereof (as determined by the Committee in accordance with the RBA Senior Executive Performance Share Unit Plan) will be paid to the reporting person, net of tax, as soon as practicable following the end of the month in which the PSUs vest.