Robinson Nathaniel 4

What Happened

• Nathaniel Robinson, EVP & Chief Investment & Strategy Officer at Cushman & Wakefield (CWK), had 9,966 restricted stock units (RSUs) convert into common shares on February 23, 2026. The RSUs converted at no cash cost to the insider.
• To cover the tax liability, 2,871 of those shares were withheld/disposed at $12.93 per share, totaling $37,122. Net shares received = 9,966 − 2,871 = 7,095 shares.
• This was a compensation-related vesting event (not an open-market purchase or discretionary sale).

Key Details

• Transaction date: February 23, 2026; Form 4 filed February 24, 2026 (timely within the Form 4 window).
• Conversion (code M): 9,966 RSUs converted into common shares at $0.00 (acquired).
• Tax withholding (code F): 2,871 shares withheld/disposed at $12.93 each for $37,122.
• Net new shares added to Robinson’s holdings: 7,095 shares (filing does not list total post-transaction holdings).
• Footnotes: Conversion pursuant to the Fourth Amended & Restated 2018 Omnibus Plan; RSUs were originally granted Feb 23, 2023 and vest in three equal annual installments (subject to continued employment).

Context

• This is a routine vesting/compensation event: RSUs converted into shares and a portion withheld to satisfy tax obligations. It does not reflect an open-market buy or sell decision by the insider.
• For retail investors, awards/vestings are typically compensation-related and should be viewed differently than discretionary purchases (which may signal confidence) or sales (which may signal liquidity needs).