Sayed Laurida 4

4 · Cushman & Wakefield Ltd. · Filed Feb 24, 2026

AI-generated summary of this filing

Updated Feb 24, 2026

Cushman & Wakefield (CWK) CAO Sayed Laurida Receives RSUs, Sells Shares

What Happened

Sayed Laurida, Chief Accounting Officer of Cushman & Wakefield Ltd. (CWK), had RSUs vest and converted them into common shares. On Feb 22, 2026 he converted 6,661 RSUs and on Feb 23, 2026 he converted 2,492 RSUs (total 9,153 shares acquired at $0 per share pursuant to plan).
To satisfy tax withholding obligations, 2,306 shares were withheld on Feb 22 at $13.33 ($30,739) and 863 shares were withheld on Feb 23 at $12.93 ($11,159), for a combined withholding of 3,169 shares valued at $41,898.
These transactions reflect receipt of vested RSU awards and routine tax-withholding dispositions, not open-market investment purchases or discretionary sales.

Key Details

Transaction dates and prices:
- 2026-02-22: 6,661 RSUs converted to 6,661 shares (conversion = $0); 2,306 shares withheld at $13.33 ($30,739).
- 2026-02-23: 2,492 RSUs converted to 2,492 shares (conversion = $0); 863 shares withheld at $12.93 ($11,159).
Shares acquired (net): 9,153 gross shares from RSU conversion; 3,169 shares withheld for taxes; net increase to Laurida’s holdings = 5,984 shares (filing does not state prior total holdings).
Footnotes: conversions were pursuant to the Fourth Amended & Restated 2018 Omnibus Plan (F1). The RSUs were originally granted on 2/22/2024 (vest schedule per F2) and 2/23/2023 (vest schedule per F3), each vesting in three substantially equal annual installments.
Tax withholding code: F (payment of exercise price or tax liability). Derivative conversion code: M (exercise/conversion of derivative).
Filing: Reported on 2026-02-24 for transactions on Feb 22–23, 2026 — filed within the typical Form 4 reporting window (not marked late).

Context

These were vesting/conversion and tax-withholding events for RSUs (restricted stock units). The RSUs converted into shares without cash payment; a portion of the newly issued shares were withheld to cover taxes (common, routine practice).
Such withholding dispositions are administrative and do not necessarily indicate trading sentiment. They differ from open-market sales by insiders, which can be more informative about personal views on the stock.

Form 4

Period: 2026-02-22

See Remarks

Transactions

Exercise/Conversion
Common Shares
[F1]
2026-02-22+6,661→ 18,191 total
Tax Payment
Common Shares
2026-02-22$13.33/sh−2,306$30,739→ 15,885 total
Exercise/Conversion
Common Shares
[F1]
2026-02-23+2,492→ 18,377 total
Tax Payment
Common Shares
2026-02-23$12.93/sh−863$11,159→ 17,514 total
Exercise/Conversion
Restricted Stock Units
[F1][F2]
2026-02-22−6,661→ 6,661 total
→ Common Shares (6,661 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-02-23−2,492→ 0 total
→ Common Shares (2,492 underlying)

Footnotes (3)

[F1]Conversion of previously awarded restricted stock units ("RSUs") into an equal number of common shares, without the payment of any consideration, pursuant to the Fourth Amended & Restated 2018 Omnibus Management Share and Cash Incentive Plan.
[F2]RSUs were granted on February 22, 2024 and vest in three (3) substantially equal installments on each of the first three (3) anniversaries of the grant date, subject, with certain limited exceptions, to the reporting person's continuing employment through each such vesting date.
[F3]RSUs were granted on February 23, 2023 and vest in three (3) substantially equal installments on each of the first three (3) anniversaries of the grant date, subject, with certain limited exceptions, to the reporting person's continuing employment through each such vesting date.

Signature

/s/ Noelle J. Perkins, attorney-in-fact|2026-02-24

1 file