CBRE GROUP, INC. 8-K

What Happened
CBRE Group, Inc. announced on Feb. 25, 2026 (filed in an 8‑K) that its Compensation Committee approved a one‑time, equity‑based retention award with a $5.0 million target grant value for Vikram Kohli, the company’s Chief Operating Officer and Chief Executive Officer, Advisory Services. The Award is 100% performance‑based, consists entirely of performance restricted stock units (Performance RSUs), and requires continuous employment through the five‑year vesting period.

Key Details

• Target value: $5.0 million in Performance RSUs (50% tied to relative total shareholder return (rTSR), 50% tied to relative Core EPS (rEPS)).
• Vesting term & measurement periods: Five‑year vesting (longer than company’s typical 3‑year awards). rTSR measured from Feb 25, 2026 to Jan 31, 2031; rEPS measured Jan 1, 2026 to Dec 31, 2030.
• Payout range & hurdles: For each half of the Award, payout ranges 0%–175% of target; no payout unless performance exceeds the 40th percentile versus the S&P 500 companies as of Feb 25, 2026; 100% payout at median (50th percentile) and 175% at or above the 75th percentile.
• Other: Award subject to Committee certification of performance and continuous employment through the measurement/vesting period; Committee may make equitable “Core EPS” adjustments as described in plan documents.

Why It Matters
This filing signals CBRE’s use of a substantial, long‑dated, performance‑only equity award to retain and incentivize a senior executive central to its Advisory Services and succession planning. For investors, the structure ties a meaningful portion of compensation to long‑term stock performance (rTSR) and earnings growth (rEPS) versus S&P 500 peers, with no payout below the 40th percentile—aligning pay to relative performance over a five‑year horizon.