CBRE (CBRE) deputy CFO receives 1,867-share grant, with 113 shares for taxes

Rhea-AI Filing Summary

CBRE Group Deputy Chief Financial Officer Andrew S. Horn reported equity compensation and a related tax withholding transaction. He received a grant of 1,867 shares of Class A common stock at a price of $0.0000 per share as part of his 2026 annual equity award. According to the award terms, these shares vest 25% per year on each of February 25, 2027, 2028, 2029 and 2030, with potential forfeiture or acceleration in certain circumstances. On the same date, 113 shares were disposed of at $147.2400 per share to cover tax liabilities by delivering securities. Following these transactions, Horn directly owned 13,074 shares of CBRE Class A common stock.

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^*

Horn Andrew S

(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)
	Deputy Chief Financial Officer

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)		1,867	A	$0.0000	13,187	D
Class A Common Stock	02/25/2026		F		113	D	$147.24	13,074	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 S. Horn	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) report for Andrew S. Horn?

CBRE reported that Deputy Chief Financial Officer Andrew S. Horn received a grant of 1,867 Class A common shares and disposed of 113 shares to satisfy tax obligations. Both transactions occurred on February 25, 2026 and were reported as direct ownership changes.

How many CBRE (CBRE) shares were granted to the deputy CFO in 2026?

Andrew S. Horn was granted 1,867 shares of CBRE Class A common stock as part of his 2026 annual equity award. The grant carried a stated price of $0.0000 per share and is subject to a multi-year vesting schedule with possible forfeiture or acceleration.

What is the vesting schedule for Andrew Horn’s 2026 CBRE equity award?

The 1,867-share equity award to Andrew Horn vests in four equal installments of 25% each on February 25, 2027, 2028, 2029 and 2030. Vesting remains subject to forfeiture or acceleration under certain conditions described in the applicable award agreement.

Why were 113 CBRE (CBRE) shares disposed of in Andrew Horn’s Form 4?

The 113 shares were disposed of to pay tax liabilities by delivering securities, as indicated by transaction code F. They were valued at $147.2400 per share and represent a tax-withholding disposition, not an open-market sale, tied to the equity compensation event.

How many CBRE shares does Andrew S. Horn own after these transactions?

After the reported grant and tax-withholding disposition, Andrew S. Horn directly owned 13,074 shares of CBRE Class A common stock. This figure reflects his direct beneficial ownership immediately following the February 25, 2026 transactions disclosed in the Form 4 filing.

Was Andrew Horn’s CBRE share grant part of regular compensation?

Yes. The Form 4 states that the 1,867-share grant was provided as part of Andrew Horn’s 2026 annual equity award. Such awards are typically a recurring component of executive compensation, subject to vesting, forfeiture and acceleration terms in an award agreement.