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CBRE (CBRE) CFO Giamartino sells stock, receives 10,900-share 2026 award

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

CBRE Group CFO & Chief Investment Officer Emma E. Giamartino reported multiple stock transactions in Class A Common Stock. She made an open-market sale of 9,223 shares at $148.61 per share, leaving her with 126,501 directly held shares immediately after that sale.

On February 25, 2026, she received a grant of 10,900 shares as part of her 2026 annual equity award at no cash cost, scheduled to vest 25% each year on February 25, 2027, 2028, 2029 and 2030, subject to forfeiture or acceleration under the award terms. On the same date, 943 shares were disposed of at $147.24 per share to cover tax obligations by delivering shares, a tax-withholding disposition commonly associated with equity awards.

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).
X
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)
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) 10,900 A $0.0000 136,667 D
Class A Common Stock 02/25/2026 F 943 D $147.24 135,724 D
Class A Common Stock 02/26/2026 S 9,223 D $148.61 126,501 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 Emma E. Giamartino 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 Emma E. Giamartino?

CBRE reported that CFO & Chief Investment Officer Emma E. Giamartino sold 9,223 Class A shares at $148.61, received a 10,900-share 2026 equity award, and had 943 shares withheld at $147.24 to satisfy tax liabilities related to that award.

How many CBRE (CBRE) shares did Emma E. Giamartino sell and at what price?

Emma E. Giamartino executed an open-market sale of 9,223 CBRE Class A Common Stock shares at an average price of $148.61 per share. Following this transaction, she directly held 126,501 shares, according to the reported ownership balance after the sale.

What are the terms of Emma E. Giamartino’s 2026 equity award at CBRE (CBRE)?

Her 2026 annual equity award consists of 10,900 CBRE Class A shares granted on February 25, 2026. These shares vest 25% per year on February 25, 2027, 2028, 2029 and 2030, subject to forfeiture or acceleration as described in the related award agreement.

Why were 943 CBRE (CBRE) shares disposed of in Emma E. Giamartino’s Form 4?

The Form 4 shows 943 shares disposed of at $147.24 per share under code “F,” indicating shares were delivered to cover tax liabilities or exercise price obligations tied to her equity compensation, rather than an open-market sale transaction.

How many CBRE (CBRE) shares does Emma E. Giamartino own after these transactions?

After the reported transactions, Emma E. Giamartino directly owns 135,724 CBRE Class A shares, based on the ownership figure following the tax-withholding disposition that occurred in connection with her 2026 annual equity award activity.
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