RBA - Darren Jeffrey Watt At RB Global Executes Options Exercise Realizing $64K | Benzinga
A substantial insider activity was disclosed on February 29, as Watt, Chief Legal Officer at RB Global (NYSE:RBA), reported the exercise of a large sell of company stock options.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday revealed that Watt, Chief Legal Officer at RB Global in the Industrials sector, exercised stock options for 1,249 shares of RBA stock. The exercise price of the options was $24.07 per share.
As of Friday morning, RB Global shares are down by 0.54%, with a current price of $75.5. This implies that Watt's 1,249 shares have a value of $64,236.
Discovering RB Global: A Closer Look
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: Financial Performance Dissected
Revenue Growth: RB Global's ...