---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-128876"
form_type: "8-K"
ticker: "RBA"
cik: "0001046102"
company_name: "RB GLOBAL INC."
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T07:43:56.273485+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# RB Global finalizes CEO Kessler employment contract; $850K salary, $11.4M LTI, double-trigger change-of-control

## Summary
- Jim Kessler gets $850K base salary, STI bonus target 125% of base (max 200%), and $11.4M LTI target.
- Termination without cause or for good reason: 2x base + 2x target STI, 2 years benefits, pro-rated STI.
- Change-of-control double trigger: lump sum of 2x base + 2x target STI + benefits cost, plus pro-rated bonus.
- Post-termination restrictions: 12-month non-solicit and non-compete in Canada/US, plus confidentiality and non-disparagement.

## SEC filing metadata
- accession: 0001104659-23-128876
- form_type: 8-K
- ticker: RBA
- cik: 0001046102
- company_name: RB GLOBAL INC.
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046102/000110465923128876/0001104659-23-128876-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046102/000110465923128876/tm2333655d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-128876
- JSON: https://secwatch.observer/filing/0001104659-23-128876.json
- Plain text: https://secwatch.observer/filing/0001104659-23-128876.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.