Horn Andrew S 4

What Happened
Andrew S. Horn, Chief Financial Officer of CBRE Group, Inc. (CBRE), was credited with 1,932 restricted stock units (reported as an acquisition at $0.00) on February 20, 2026. These RSUs were part of Horn's 2025 annual equity award; the Compensation Committee certified performance on Feb 20, 2026, so the units will vest in full on March 5, 2028, subject to forfeiture under the award agreement. This is an equity award (not a market purchase or sale) and carries no immediate cash cost.

Key Details

• Transaction date: 2026-02-20; Filing date: 2026-02-24 (Form 4 filed timely).
• Transaction type/code: Award/Grant (A).
• Amount: 1,932 RSUs recorded at $0.00 (no cash paid).
• Vesting: Will vest in full on 2028-03-05 following certification of Core EPS performance.
• Shares owned after transaction: Not specified in the filing.
• Notable footnote: The RSUs were originally granted March 5, 2025 as part of the 2025 annual award; certification on Feb 20, 2026 confirmed vesting will occur in 2028, subject to forfeiture per the award agreement.
• No 10b5-1 plan, tax-withholding, or sale reported in this filing.

Context
Restricted stock units are a form of compensation that convert to shares if and when they vest. This entry reflects a performance certification and future vesting schedule rather than an immediate buy or sale — it increases potential future share ownership for the CFO but does not represent an immediate market transaction or cash investment.