Perkins Noelle J 4

What Happened
Noelle J. Perkins, Executive Vice President, Chief Legal Officer & Secretary of Cushman & Wakefield Ltd. (CWK), had restricted stock units (RSUs) convert into common shares and had a portion withheld/sold to cover tax obligations. On Feb 27, 2026, 15,406 RSU-derived shares were converted into common stock at no cash cost to the reporting person. To satisfy tax withholding, 4,514 of those shares were disposed at $13.41 per share for proceeds of $60,533. Separately, Perkins was granted 39,711 RSUs on Feb 26, 2026 that vest in three equal annual installments.

Key Details

• Transaction dates: Feb 26, 2026 (grant of 39,711 RSUs); Feb 27, 2026 (conversion/settlement and tax withholding sale).
• Prices and values: Tax-withholding/ disposition of 4,514 shares at $13.41 = $60,533. RSU conversions reported at $0.00 per share (no cash exercise price).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes: Conversions were RSU settlements under the Fourth A&R Omnibus Plan; newly granted RSUs vest in three equal annual installments; the disposition labeled “F” reflects shares surrendered/sold to cover tax liability.
• Timeliness: Form 4 filed Mar 2, 2026 covering Feb 26–27 transactions — filing appears timely.

Context: This was an RSU settlement with shares withheld/sold for taxes (a routine administrative transaction), not an open-market decision to reduce holdings. RSU conversions do not require cash outlay; the tax withholding/sale is common practice and should not be read as a directional buy/sell signal by itself.