SULENTIC ROBERT E 4

What Happened
Robert E. Sulentic, Chair and Chief Executive Officer of CBRE Group, received a grant of 40,636 shares on February 25, 2026 as part of his 2026 annual equity award (code A). To satisfy tax withholding obligations related to the grant, 3,426 shares were disposed (code F) at $147.24 per share, generating proceeds of $504,444. The award itself was granted at $0 (no cash purchase).

Key Details

• Transaction date: February 25, 2026 (reported on Form 4 filed February 27, 2026). No late filing indicated in the report.
• Award: 40,636 shares granted at $0.
• Tax withholding/disposition: 3,426 shares disposed at $147.24 each = $504,444.
• Shares owned after transaction: Not stated in the provided filing.
• Footnote: Award vests 25% per year on each February 25 in 2027, 2028, 2029 and 2030, subject to forfeiture/acceleration under the award agreement (F1).
• Codes: A = award/grant, F = shares withheld/sold to cover taxes.

Context
This was an equity grant (not a market purchase), and the sale of 3,426 shares was a routine tax-withholding action tied to that grant—not an open-market sale for investment reasons. The award vests over four years (standard time-based vesting), so full ownership is phased over 2027–2030. For retail investors, awards signal executive compensation alignment with shareholders but are not direct buys of new stock.