FELMAN MICHELLE 4

What Happened

Michelle Felman, a director of Cushman & Wakefield Ltd. (CWK), reported a gift transaction on 2026-06-01 consisting of 17,013 shares. The Form 4 shows the shares were disposed of by Ms. Felman at $0.00 (code G) and a matching acquisition entry of 17,013 shares at $0.00 into trusts. The reported transaction value is $0.00 because the transfer was a gift, not a sale.

Key Details

• Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-02 — appears timely).
• Transaction type: Gift (code G).
• Shares transferred: 17,013 shares; price per share $0.00; total transaction value $0.00.
• Shares owned after transaction: Not specified in the provided excerpt — see the full Form 4 for total beneficial ownership.
• Footnotes of note:
  • F1: Shares were gifted to an irrevocable trust for the sole benefit of a member of the reporting person's immediate family.
  • F2: Certain shares are held in trusts for the sole benefit of family members; the reporting person has investment control over those trust-held shares.

Context

Gifts are transfers of ownership and do not generate cash proceeds; they are not direct indicators of the insider's view of the company's stock price. The filing shows a transfer into trusts for family members and notes the reporting person may retain investment control over some trust-held shares per the footnotes. For full ownership details and any other related transactions, consult the complete Form 4 filing (Accession 0001628369-26-000096).