JOHNSTON NEIL O 4

4 · Cushman & Wakefield Ltd. · Filed Mar 2, 2026

AI-generated summary of this filing

Updated Mar 2, 2026

Cushman & Wakefield CFO Neil Johnston Exercises RSUs, Sells Shares

What Happened

Neil O. Johnston, EVP and Chief Financial Officer of Cushman & Wakefield Ltd. (CWK), had previously awarded RSUs vest/convert into shares and received a new RSU grant. On Feb 27, 2026, 30,812 restricted stock units vested/converted into common shares (conversion at $0). To satisfy tax withholding, 13,724 shares were withheld/disposed at $13.41 per share (total ~$184,039). On Feb 26, 2026 he was granted 79,423 new RSUs (no cash paid).

Key Details

Transaction dates: RSU grant 02/26/2026; RSU vest/conversion and tax withholding 02/27/2026.
Tax withholding: 13,724 shares withheld at $13.41 = $184,039 (listed as a disposition to cover tax liability).
New award: 79,423 RSUs granted on 02/26/2026; these RSUs vest in three substantially equal annual installments (see footnote).
Earlier award context: the vested 30,812 shares reflect a scheduled vesting from a Feb 27, 2025 RSU grant (3-year vesting schedule).
Shares owned after the transactions: not specified in the filing.
Filing timeliness: Form filed 03/02/2026 reporting 02/26–02/27 transactions; the filing shows no special late-filing note.

Context

These actions are RSU vesting/conversion and tax withholding, not an open-market sale by the insider. Withholding to cover taxes is a routine administrative disposition and does not necessarily indicate selling for investment reasons.
The 79,423 RSU grant is a long-term award subject to continued employment through each vest date; purchases would carry more direct bullish signaling than awarded or withheld shares.

Form 4

Period: 2026-02-26

See Remarks

Transactions

Exercise/Conversion
Common Shares
[F1]
2026-02-27+30,812→ 330,741 total
Tax Payment
Common Shares
2026-02-27$13.41/sh−13,724$184,039→ 317,017 total
Award
Restricted Stock Units
[F2][F3]
2026-02-26+79,423→ 79,423 total
→ Common Shares (79,423 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-02-27−30,812→ 61,625 total
→ Common Shares (30,812 underlying)

Footnotes (4)

[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 (the "Fourth A&R Omnibus Plan").
[F2]RSUs granted under the Fourth A&R Omnibus Plan convert into an equal number of common shares of Cushman & Wakefield Ltd.
[F3]On February 26, 2026, the reporting person was granted 79,423 RSUs which will vest and settle 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.
[F4]RSUs were granted on February 27, 2025 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|2026-03-02

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