Vennam Rajesh 4
4 · Cushman & Wakefield Ltd. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Cushman & Wakefield Director Vennam Rajesh Receives RSU Shares
What Happened
Vennam Rajesh, a director of Cushman & Wakefield Ltd. (CWK), received a grant of 14,041 restricted stock units (RSUs) on May 14, 2026 (reported as an award at $0). Separately, 17,013 RSUs vested and were converted/settled on May 15, 2026; the conversion/settlement and a corresponding disposition of 17,013 shares are both reported with $0 consideration. All transactions are reported as RSU grants/vests and conversions under the company’s omnibus incentive plans.
Key Details
- Transaction dates: RSU grant 5/14/2026 (14,041 RSUs); RSU vest/settlement and conversion 5/15/2026 (17,013 RSUs).
- Prices/values: All items reported at $0 — RSUs convert into common shares without payment of cash according to the plans (see notes).
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnotes:
- F1/F2: Conversions are pursuant to the company’s omnibus director/employee incentive plans and occur without cash payment.
- F3: The 14,041 RSUs granted 5/14/2026 vest on 5/14/2027 subject to continued board service.
- F4: The 17,013 RSUs were originally granted 5/15/2025 and vested/settled 5/15/2026.
- Filing timeliness: Form filed 5/18/2026 covering transactions through 5/15/2026 — filing appears to be within the required SEC timeframe.
Context: These entries reflect equity compensation mechanics (grants, vesting, and conversion of RSUs) rather than open-market purchases or sales. The reported $0 consideration is consistent with RSUs converting into common shares without cash payment under the incentive plans; the separate disposition entry for the same number of shares is reported but the filing does not specify the reason (e.g., withholding or transfer).
Insider Transaction Report
- Exercise/Conversion
Common Shares
[F1]2026-05-15+17,013→ 35,516 total - Award
Restricted Stock Units
[F2][F3]2026-05-14+14,041→ 14,041 total→ Common Shares (14,041 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-05-15−17,013→ 0 total→ Common Shares (17,013 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 Third Amended & Restated 2018 Omnibus Non-Employee Director Share and Cash Incentive Plan.
- [F2]RSUs granted under the Cushman & Wakefield Ltd. 2026 Omnibus Share and Cash Incentive Plan convert into an equal number of common shares of Cushman & Wakefield Ltd. without the payment of any consideration.
- [F3]RSUs were granted on May 14, 2026 and vest and settle on May 14, 2027 subject, with certain limited exceptions, to the reporting person's continuing board service through such vesting date.
- [F4]RSUs were granted on May 15, 2025 and vested and settled on May 15, 2026.