Cushman & Wakefield Ltd.·4

May 18, 5:33 PM ET

Vennam Rajesh 4

Research Summary

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Updated

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).