Glanzman Andrew R 4

What Happened

• Andrew R. Glanzman, CEO of Real Estate Investments at CBRE Group, received an award of 10,583 restricted shares on February 25, 2026 (transaction code A). The award was granted at $0.00 (standard equity grant); these shares will vest 25% per year on Feb 25 of 2027–2030 per the award agreement.
• To cover tax withholding on the grant, 488 shares were disposed (transaction code F) on the same date at $147.24 per share, totaling $71,853. This withholding sale satisfies the tax obligation arising from the grant.

Key Details

• Transaction dates: February 25, 2026 (grant and tax-withholding sale). Filing date: February 27, 2026 (filed within the required two business days — timely).
• Grant: 10,583 shares @ $0.00 (acquired).
• Tax withholding: 488 shares @ $147.24 (disposed) = $71,853.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: The 10,583-share award is the Reporting Person’s 2026 annual equity award and vests 25% per year on Feb 25 of 2027, 2028, 2029 and 2030; subject to forfeiture/acceleration per the award agreement.
• Transaction codes: A = award/grant; F = tax withholding (sale to cover taxes).

Context

• This filing documents an equity grant (not a market purchase) and a routine tax-withholding sale. Grants are compensation and do not necessarily indicate immediate bullish or bearish insider sentiment. The withholding sale is a common administrative step to satisfy tax obligations when awards are issued.