Glanzman Andrew R 4

What Happened Andrew R. Glanzman, CEO, Real Estate Investments at CBRE Group (CBRE), had shares disposed to satisfy tax obligations tied to an option exercise or similar equity event. On 2026-03-10 he delivered/sold 817 shares at $134.59 (reported value $109,960) and 869 shares at $134.59 (reported value $116,959), for a combined 1,686 shares and roughly $226,919 in proceeds/value. This was a tax-withholding/disposition transaction (routine), not a market buy.

Key Details

• Transaction date: 2026-03-10; reported on Form 4 filed 2026-03-12 (appears timely).
• Price(s): $134.59 per share for both dispositions.
• Shares disposed: 817 and 869 (total 1,686).
• Reported values: $109,960 and $116,959 (total ≈ $226,919).
• Transaction code/footnote: F — Payment of exercise price or tax liability (shares withheld/surrendered to cover taxes).
• Shares owned after transaction: Not specified in the provided summary — see the full Form 4 for post-transaction holdings.

Context These transactions reflect shares withheld or disposed to satisfy tax liabilities related to an equity award or option exercise (a common "cashless" or net-settlement action). Such tax-withholding sales are routine and do not necessarily signal the insider's view on the company's stock. Purchases or open-market sales by insiders are typically more informative about sentiment than withholding-related dispositions.