Doellinger Chad J 4

What Happened

• Chad J. Doellinger, Chief Legal & Administrative Officer of CBRE Group, had a total of 821 shares withheld to satisfy tax obligations (transaction code F) on March 5, 2026. The withholdings were in two lots: 307 shares at $141.19 ($43,345) and 514 shares at $141.19 ($72,572), for a combined value of $115,917.
• This is a tax-withholding disposition (company retained shares to cover taxes), not an open-market sale. Such transactions are routine following equity compensation events and do not necessarily signal a change in the insider’s view of the company.

Key Details

• Transaction date: March 5, 2026; Form 4 filed: March 9, 2026 (timely filing).
• Prices: $141.19 per share; total shares withheld: 307 and 514 (821 total); total value ≈ $115,917.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
• Shares owned after the transaction: not specified in the provided filing.
• No 10b5-1 plan or other special trading plan is indicated in the information provided.

Context

• Code F typically reflects withholding to cover taxes arising from a prior equity award (e.g., option exercise or RSU vesting). It’s essentially a net-settlement or share-withholding action rather than an active sale on the open market.
• For retail investors: withholding/disposition events to cover taxes are common and generally considered routine administrative actions, so they usually carry less informational weight than open-market purchases by insiders.