RBA - Darren Jeffrey Watt Decides To Exercise Options At RB Global | Benzinga
In a new SEC filing on December 6, it was revealed that Watt, Chief Legal Officer at RB Global (NYSE:RBA), executed a significant exercise of company stock options.
What Happened: The latest Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission uncovered Watt, Chief Legal Officer at RB Global, exercising stock options for 644 shares of RBA. The total transaction was valued at $24,839.
The latest update on Thursday morning shows RB Global shares down by 0.36%, trading at $63.41. At this price, Watt's 644 shares are worth $24,839.
Unveiling the Story Behind RB Global
RB Global 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: Delving into Financials
Positive Revenue Trend: Examining RB Global's financials over 3 months reveals a positive narrative. The company achieved a ...