CBRE (NYSE: CBRE) executive has shares withheld for tax obligations

Rhea-AI Filing Summary

CBRE Group executive Andrew R. Glanzman reported routine tax-related share dispositions tied to equity compensation. On March 10, 2026, a total of 1,686 shares of Class A Common Stock were withheld at $134.59 per share to cover tax liabilities, leaving him with 56,471 directly held shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Glanzman Andrew R

(Last) (First) (Middle)

2121 NORTH PEARL STREET

SUITE 300

(Street)

DALLAS TX 75201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CBRE GROUP, INC. [ CBRE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, Real Estate Investments

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/10/2026		F		817	D	$134.59	57,340	D
Class A Common Stock	03/10/2026		F		869	D	$134.59	56,471	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Andria Iles, Attorney-in-Fact for Andrew R. Glanzman	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CBRE (CBRE) executive Andrew R. Glanzman report?

Andrew R. Glanzman reported tax-related share dispositions. On March 10, 2026, he had Class A Common Stock withheld to satisfy tax liabilities arising from equity compensation, recorded as Form 4 code F transactions, rather than open-market purchases or sales.

How many CBRE (CBRE) shares were withheld for Andrew Glanzman’s taxes?

A total of 1,686 CBRE shares were withheld for taxes. The Form 4 shows two F-code transactions involving 817 shares and 869 shares of Class A Common Stock, both at $134.59 per share, to cover tax obligations related to equity awards.

Does Andrew Glanzman’s Form 4 indicate open-market selling of CBRE (CBRE) stock?

The Form 4 does not show open-market sales. The transactions are coded F, meaning shares were delivered to pay exercise price or tax liabilities. This reflects tax-withholding dispositions, not discretionary buying or selling in the open market.

How many CBRE (CBRE) shares does Andrew Glanzman hold after the reported transactions?

Andrew Glanzman directly holds 56,471 CBRE shares after the transactions. Following the second tax-withholding disposition on March 10, 2026, his directly owned Class A Common Stock position, as reported in the Form 4, totals 56,471 shares.

What does transaction code F mean in Andrew Glanzman’s CBRE (CBRE) Form 4?

Code F indicates a tax-withholding disposition of shares. In this case, shares of Class A Common Stock were delivered to cover the exercise price or tax liability associated with equity compensation, rather than representing a standard market buy or sell transaction.