Director Michael D. Sieger filed a Form 4 with the SEC on September 18, 2026, disclosing the acquisition of dividend equivalent rights tied to deferred share units and restricted share units of RB Global Inc. (NYSE:RBA) as of September 17, 2026.

Key Highlights

  • Reporting person: Michael D. Sieger, identified as a Director of RB Global Inc.
  • DSU dividend equivalents acquired: 9 Dividend Equivalent Rights (DSUs) acquired on September 17, 2026, at a price of $0, bringing total DSU-related derivative holdings to 82.
  • RSU dividend equivalents acquired: 8 Dividend Equivalent Rights (2026 RSUs) acquired on September 17, 2026, at a price of $0, bringing total RSU-related derivative holdings to 14.
  • Underlying security: Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share, according to the filing.
  • Transaction code: Both transactions are coded "A" (acquired) and held directly.

Michael D. Sieger's Dividend Equivalent Rights Accrual at RB Global

According to the filing, Michael D. Sieger, a Director at RB Global Inc. (NYSE:RBA), reported two separate acquisitions of derivative securities on September 17, 2026. Both transactions carried a price of $0 and were classified as direct holdings. The filing was signed by Maria Teresa Punsalan as attorney-in-fact for Michael D. Sieger and submitted on September 18, 2026.

The first acquisition involved 9 Dividend Equivalent Rights tied to the reporting person's existing deferred share units (DSUs). The filing explains that these rights "accrued in respect of the reporting person's deferred share units, and become exercisable and payable concurrently with the deferred share units." Following this transaction, Sieger holds 82 such DSU-related rights. The second acquisition involved 8 Dividend Equivalent Rights linked to the 2026 grant of restricted share units (RSUs). According to the filing, these rights "become exercisable proportionately with the restricted share units to which they relate," bringing the total RSU-related rights to 14.

In both cases, the filing states that each dividend equivalent right represents "a contingent right to receive the economic equivalent of one RBA common share." No shares of common stock were reported as directly acquired or disposed of in Table I of the filing.

What Was Disclosed

The filing disclosed the accrual of 9 DSU-related and 8 RSU-related dividend equivalent rights by Director Michael D. Sieger of RB Global Inc., both at $0 consideration, with resulting totals of 82 and 14 derivative securities held directly, respectively.