CBRE CFO logs tax-withholding share dispositions

CBRE Group, Inc. executive Emma E. Giamartino, the company’s CFO and Chief Investment Officer, reported two tax-related share dispositions of Class A common stock.

Rhea-AI Filing Summary

CBRE Group, Inc. executive Emma E. Giamartino, the company’s CFO and Chief Investment Officer, reported two tax-related share dispositions of Class A common stock. On these transactions dated March 5, 2026, a total of 1,559 and 2,357 shares were delivered at $141.19 per share to satisfy tax liabilities.

These are coded as “F” transactions, meaning shares were withheld or delivered to pay the exercise price or tax obligations rather than sold in an open-market trade. After these transactions, Giamartino’s directly held balance was reported as 122,585 Class A shares.

Insider Trade Summary

Exercise Price or Tax Liability: 3,916 shares

Exercise Price or Tax Liability 2 txns

Insider Giamartino Emma E.

Role CFO & Chief Investment Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	1,559	$141.19	$220K
Exercise Price or Tax Liability	Class A Common Stock	2,357	$141.19	$333K

Holdings After Transaction: Class A Common Stock — 122,585 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CBRE (CBRE) report for Emma E. Giamartino?

CBRE reported that CFO and Chief Investment Officer Emma E. Giamartino disposed of shares through tax-withholding transactions. Two Form 4 entries show Class A common stock delivered to cover tax obligations associated with equity awards, rather than open-market selling activity.

How many CBRE (CBRE) shares were used for Emma Giamartino’s tax-withholding?

Emma Giamartino delivered 1,559 and 2,357 shares of CBRE Class A common stock in two separate tax-withholding transactions. These dispositions were reported under transaction code “F,” reflecting shares used to satisfy exercise price or related tax liabilities on March 5, 2026.

What price per share was reported in Emma Giamartino’s CBRE Form 4?

Both tax-withholding dispositions for Emma Giamartino used a reported price of $141.19 per CBRE Class A share. This price is applied to the 1,559-share and 2,357-share transactions disclosed as payment of exercise price or tax liability by delivering securities.

How many CBRE shares does Emma Giamartino hold after these transactions?

After the March 5, 2026 tax-withholding dispositions, Emma Giamartino’s directly owned CBRE Class A common stock balance is reported as 122,585 shares. This figure reflects her holdings following the delivery of shares to satisfy equity award-related tax obligations.

Are Emma Giamartino’s CBRE transactions open-market sales or tax withholdings?

The transactions are tax withholdings, not open-market sales. They are coded “F,” which is defined as payment of exercise price or tax liability by delivering securities, indicating shares were used to satisfy obligations tied to equity compensation, not discretionary selling.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/09/2026 - 05:03 PM EDT Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Giamartino Emma E.

(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)
	CFO & Chief Investment Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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	03/05/2026		F		1,559	D	$141.19	124,942	D
Class A Common Stock	03/05/2026		F		2,357	D	$141.19	122,585	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 Emma E. Giamartino	03/09/2026
	** 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.