RB Global, Inc. — Form 8-K Summary
Business context and reporting period
Filed October 8, 2026, reporting executive appointments and departures effective October 7–9, 2026. This is a leadership-change filing, not a periodic financial report.
Financial and compensation information
- The filing reports no revenue, profit, cash flow, margin, debt, liquidity, or other operating results.
- Incoming CFO Steve Steinberg’s annual compensation includes a $625,000 base salary, a target short-term incentive bonus of 100% of salary (maximum 200%), and a target long-term incentive grant equal to 400% of salary. The long-term grant is subject to Compensation Committee approval and applicable plan documents.
- If terminated without cause or if he resigns for good reason, specified benefits include 18 months of base salary and target bonus, a prorated target bonus for the termination year, and limited health-coverage reimbursement, subject to signing a release. Equity awards remain governed by their plans.
- Following a qualifying double-trigger change of control, the agreement provides specified lump-sum payments, including 1.5 times base salary and target bonus, plus other amounts described in the filing; payment is subject to a release.
Material changes and management commentary
- Steinberg, previously SVP and Head of Strategic Planning and Decision Support, was appointed CFO effective October 7, 2026. He joined RB Global in 2016 and has held several finance and planning leadership roles at the company.
- Former CFO Eric Guerin’s last day was October 6, 2026. COO Steve Lewis’s last day is expected to be October 9, 2026. Both are entitled to severance and customary benefits under their employment agreements; amounts are not stated.
- The company described Steinberg as an experienced finance and strategy executive. The filing provides no financial outlook or guidance.
Other terms and investor verification points
- Steinberg’s agreement includes 12-month post-employment employee and customer non-solicitation restrictions and a 12-month non-compete restriction in Canada and the United States, as well as confidentiality obligations.
- Verify the final terms and approval status of Steinberg’s long-term incentive awards, and review the applicable equity plans and award documents.
- Verify the amounts and terms of severance for Guerin and Lewis; this filing does not provide them.
- Review the full employment agreement and press release for defined termination and change-of-control conditions and related payment details.