Cushman & Wakefield (CWK) Director Timothy H. Wennes Receives 11,873 Shares

What Happened

• Timothy H. Wennes, a director of Cushman & Wakefield Ltd. (CWK), had 11,873 restricted stock units (RSUs) vest and convert into 11,873 common shares on August 1, 2026. The conversion is reported at $13.42 per share, a total value of $159,336. This was a settlement of previously awarded RSUs (an award/vesting event), not an open-market purchase or sale.

Key Details

• Transaction date: August 1, 2026; filing date: August 3, 2026 (Form 4 accession 0001628369-26-000113). The filing appears timely.
• Reported entries: 11,873 shares acquired at $13.42 (total $159,336) and 11,873 derivative units disposed at $0 (reflecting conversion/cancellation of the RSUs).
• Footnotes: F1 — RSUs converted to common shares without payment under the Third Amended & Restated 2018 Omnibus Non-Employee Director Share and Cash Incentive Plan. F2 — RSUs were granted Aug 1, 2025 and vested/settled Aug 1, 2026.
• Shares owned after the transaction: not specified in the filing summary provided.

Context

• This is a routine equity compensation settlement (RSU vesting) rather than a market buy or sale; such events typically reflect compensation and a taxable event, not a direct indicator of insider sentiment. The Form 4 records the derivative units being converted/cancelled and the resulting shares delivered to the director.