CBRE (CBRE) CEO Sulentic delivers shares to cover tax liabilities
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CBRE Group, Inc. Chair & CEO Robert E. Sulentic reported two tax-related share dispositions of Class A Common Stock. On the same date, he surrendered 3,744 shares and 4,992 shares at a price of $141.19 per share to cover tax obligations.
After these tax-withholding dispositions, Sulentic directly owns 1,377,222 shares of CBRE Class A Common Stock. These transactions reflect payment of tax liability by delivering shares rather than open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SULENTIC ROBERT E
Role
Chair & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 3,744 | $141.19 | $529K |
| Tax Withholding | Class A Common Stock | 4,992 | $141.19 | $705K |
Holdings After Transaction:
Class A Common Stock — 1,382,214 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did CBRE (CBRE) report for its CEO?
CBRE reported that Chair & CEO Robert E. Sulentic disposed of shares through tax-withholding transactions. He delivered multiple blocks of Class A Common Stock to satisfy tax obligations instead of selling shares in the open market.
Were the CBRE (CBRE) CEO’s transactions open-market sales?
No, the transactions are coded as tax-withholding dispositions. They represent payment of tax liability by delivering CBRE Class A Common Stock, rather than discretionary open-market sales initiated to change investment exposure.
What transaction code appears in the CBRE (CBRE) CEO’s Form 4 filing?
The Form 4 uses transaction code “F” for Robert E. Sulentic’s activity. This code indicates payment of an exercise price or tax liability by delivering securities, classifying the transactions as tax-withholding dispositions of CBRE Class A Common Stock.