SULENTIC ROBERT E 4
Research Summary
AI-generated summary
CBRE CEO Robert E. Sulentic Receives 84,094-Share Award
What Happened
- Robert E. Sulentic, Chair and CEO of CBRE Group, was granted 84,094 restricted stock units (RSUs) reported as an award (code A) on Feb 20, 2026. The Form 4 shows a $0.00 per-share acquisition price typical for RSU awards; no immediate cash transaction occurred.
Key Details
- Transaction date: 2026-02-20 (reported on Form 4 filed 2026-02-24 — timely within 2 business days).
- Security/amount: 84,094 restricted stock units granted; reported price $0.00.
- Vesting: Per footnote, these RSUs were originally granted March 5, 2025 as part of Sulentic’s 2025 annual equity award; on Feb 20, 2026 the Compensation Committee certified the Issuer’s Core EPS performance required for vesting. As a result, the RSUs will vest in full on March 5, 2028, subject to forfeiture under the award agreement.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Filing code: A (award/grant). No 10b5-1 plan, tax-withholding, or sale reported in this filing.
Context
- RSUs are a conditional equity award that convert into shares only upon vesting; this grant does not represent an immediate buy or sell and does not indicate an immediate change in insider market exposure.
- The committee certification in Feb 2026 means performance conditions were met for these 2025 awards; effective settlement is still contingent on time-based vesting through March 5, 2028.