Robinson Nathaniel 4

What Happened
Nathaniel Robinson, EVP & Chief Investment & Strategy Officer at Cushman & Wakefield (CWK), had 53,213 shares issued to him on 2026-02-25 upon conversion/vesting of performance-based restricted stock units. No exercise price was paid for the conversion (reported at $0.00). To cover tax withholding, 12,958 of those shares were surrendered/withheld at $13.76 each, generating $178,302. That implies a net increase of 40,255 shares to his holdings from this vesting event (53,213 issued minus 12,958 withheld).

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (timely filing).
• Converted/vested shares: 53,213 at $0.00 (code M — exercise/conversion).
• Tax withholding/disposition: 12,958 shares at $13.76 → $178,302 (code F — tax withholding).
• Implied net new shares retained: 40,255.
• Footnote: These shares represent vesting of performance-based RSUs earned for the 2023–2025 performance period under the company’s 2018 Omnibus Management Share and Cash Incentive Plan.
• Shares owned after transaction: not specified in the provided excerpt of the filing.

Context
This was not an open-market purchase or sale: it’s the conversion/vesting of performance-based RSUs, with a portion withheld to satisfy tax obligations. Such vesting events are routine compensation-related transactions and do not necessarily signal the insider’s view on the stock. The filing appears timely (filed two days after the transaction).