Sayed Laurida 4

What Happened

• Sayed Laurida, Chief Accounting Officer of Cushman & Wakefield Ltd. (CWK), received an RSU grant and had previously awarded RSUs convert into common shares. On Feb 26, 2026 Laurida was granted 13,538 RSUs (future vesting). On Feb 27, 2026 a conversion/settlement of previously awarded RSUs resulted in 5,602 shares converting to common stock at no cash cost. To satisfy tax withholding related to the settlement, 1,655 shares were surrendered/disposed at an effective withholding price of $13.41 per share, for a withholding value of $22,194. These transactions are awards/settlements and a tax-withholding disposition (not an open-market sale).

Key Details

• Grant date: Feb 26, 2026 — 13,538 RSUs granted (vest in three substantially equal annual installments; see footnote).
• Settlement/conversion date: Feb 27, 2026 — 5,602 RSUs converted into common shares (acquired at $0).
• Tax withholding: Feb 27, 2026 — 1,655 shares withheld/disposed at $13.41 each, total ~$22,194.
• Transaction codes: A = award/grant; M = exercise/conversion of derivative (RSU conversion); F = payment of tax liability via share withholding.
• Shares owned after transaction: Not specified in the filing.
• Filing: Report filed Mar 2, 2026. This appears to be timely (Form 4 must be filed within two business days of the transaction).
• Footnotes: RSUs convert into common shares without cash payment; the Feb 26, 2026 grant vests in three annual installments; a prior RSU grant dated Feb 27, 2025 also vests over three years.

Context

• These entries reflect routine equity compensation activity: an RSU grant (future vesting schedule) and the conversion/settlement of vested RSUs with a portion withheld to cover taxes. Conversions/acquisitions at $0 are typical for RSU settlements; the withheld shares are not an open-market sale and generally represent tax withholding rather than a directional bet by the insider.