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CBRE Group (CBRE) executive receives 2026 equity grant with tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CBRE Group, Inc. CEO of Real Estate Investments, Andrew R. Glanzman, reported equity compensation and related tax withholding transactions in Class A common stock. He received a grant of 10,583 shares at no cost as part of his 2026 annual equity award.

According to the award terms, these shares vest in four equal 25% installments on February 25 of 2027, 2028, 2029 and 2030, and are subject to forfeiture or acceleration under certain conditions in the award agreement. On the same date, 488 shares were disposed of at $147.24 per share to satisfy tax obligations, leaving him with 59,681 directly owned shares after these transactions.

Positive

  • None.

Negative

  • None.
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*
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)
02/25/2026
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 02/25/2026 A(1) 10,583 A $0.0000 60,169 D
Class A Common Stock 02/25/2026 F 488 D $147.24 59,681 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:
1. The Issuer granted these securities to the Reporting Person on February 25, 2026 as part of the Reporting Person's 2026 annual equity award. These securities will vest at a rate of 25% per year on each of February 25, 2027, 2028, 2029 and 2030, subject to forfeiture or acceleration in certain circumstances as set forth in the award agreement for these securities.
/s/ Andria Iles, Attorney-in-Fact for Andrew R. Glanzman 02/27/2026
** 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 transactions did CBRE (CBRE) executive Andrew Glanzman report?

Andrew R. Glanzman reported receiving a grant of 10,583 CBRE Class A common shares and a related tax-withholding share disposition. The grant was part of his 2026 annual equity award, and 488 shares were withheld to cover tax obligations, leaving him with 59,681 directly owned shares.

How many CBRE (CBRE) shares were granted to Andrew Glanzman in 2026?

Andrew R. Glanzman was granted 10,583 CBRE Class A common shares as part of his 2026 annual equity award. The grant price per share was reported as zero, indicating an equity compensation award rather than an open-market purchase of the company’s stock.

What is the vesting schedule for Andrew Glanzman’s CBRE (CBRE) 2026 equity award?

The 10,583-share CBRE 2026 equity award vests in four annual installments of 25% each. Vesting occurs on February 25 of 2027, 2028, 2029 and 2030, and the award is subject to potential forfeiture or acceleration under specified conditions in the award agreement.

Why were 488 CBRE (CBRE) shares disposed of in Andrew Glanzman’s Form 4?

A total of 488 CBRE Class A common shares were disposed of to satisfy tax obligations tied to the equity award. The shares were valued at $147.24 each, and this transaction is described as payment of tax liability by delivering securities rather than an open-market sale.

How many CBRE (CBRE) shares does Andrew Glanzman own after these transactions?

After the reported grant and tax-withholding disposition, Andrew R. Glanzman directly owns 59,681 CBRE Class A common shares. This balance reflects the equity award addition and the 488 shares delivered to cover tax liabilities associated with the 2026 annual equity grant.
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293.27M
Real Estate Services
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United States
DALLAS