RBA - Chief Legal Officer At RB Global Exercises Options Worth $57K | Benzinga
Highlighted on February 29, it was unveiled in an SEC filing that Watt, Chief Legal Officer at RB Global (NYSE:RBA), executed a significant transaction involving the exercise of company stock options.
What Happened: Watt, Chief Legal Officer at RB Global, made a strategic move by exercising stock options for 1,100 shares of RBA as detailed in a Form 4 filing on Thursday with the U.S. Securities and Exchange Commission. The transaction value amounted to $57,023.
RB Global shares are trading down 0.0% at $75.91 at the time of this writing on Friday morning. Since the current price is $75.91, this makes Watt's 1,100 shares worth $57,023.
Unveiling the Story Behind RB Global
RB Global Inc operates the world's largest auction for heavy equipment. The company started as a live auctioneer of industrial equipment; since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. RB Global operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet. Its agricultural auctions are frequently much smaller venues and can include liquidations of single farms. The company holds over 300 auctions yearly and sells $6 billion worth of equipment.
RB Global's Financial Performance
Revenue Growth: RB Global's ...