Brandon Boze (CBRE) receives director equity grants in restricted stock units

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Boze Brandon B reported acquisition or exercise transactions in this Form 4 filing.

CBRE Group director Brandon B. Boze reported receiving equity compensation in the form of restricted stock units tied to Class A Common Stock. On May 21, 2026, he was granted 839 shares at a reference price of $131.04 per share and an additional 1,907 shares valued at $0.00 per share, for a combined 2,746 restricted stock units. Footnotes explain these awards were issued under CBRE’s Director Compensation Policy, with 1,907 units granted in lieu of cash director fees. The awards vest in full on the earlier of May 21, 2027 or CBRE’s next annual meeting of stockholders, and following these transactions Boze directly holds 10,188 shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Boze Brandon B

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	1,907	$0.00	--
Grant/Award	Class A Common Stock	839	$131.04	$110K

Holdings After Transaction: Class A Common Stock — 9,349 shares (Direct, null)

Footnotes (1)

The restricted stock units reported herein were issued pursuant to the Issuer's Director Compensation Policy. This award vests in full on the earlier of May 21, 2027 or the Issuer's next annual meeting of stockholders. The restricted stock units reported herein were issued to the reporting person in lieu of cash payment for director fees. This award vests in full on the earlier of May 21, 2027 or the Issuer's next annual meeting of stockholders.

Key Figures

Equity grant 1: 839 shares at $131.04 Equity grant 2: 1,907 shares at $0.00 Total RSU award: 2,746 units +2 more

5 metrics

Equity grant 1 839 shares at $131.04 Restricted stock units granted May 21, 2026

Equity grant 2 1,907 shares at $0.00 Restricted stock units in lieu of cash fees, May 21, 2026

Total RSU award 2,746 units Combined restricted stock units granted May 21, 2026

Post-grant holdings 10,188 shares Direct ownership after one of the May 21, 2026 grants

Vesting date May 21, 2027 Units vest on this date or at next annual meeting

Key Terms

restricted stock units, Director Compensation Policy, in lieu of cash payment, annual meeting of stockholders

4 terms

restricted stock units financial

"The restricted stock units reported herein were issued pursuant to the Issuer's Director Compensation Policy."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Director Compensation Policy financial

"The restricted stock units reported herein were issued pursuant to the Issuer's Director Compensation Policy."

in lieu of cash payment financial

"The restricted stock units reported herein were issued to the reporting person in lieu of cash payment for director fees."

annual meeting of stockholders financial

"This award vests in full on the earlier of May 21, 2027 or the Issuer's next annual meeting of stockholders."

Form 4 Insider Transactions: What Each Field Means →

05/26/2026 - 05:06 PM

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^*

Boze Brandon B

(Last)

(First)

(Middle)

2121 NORTH PEARL STREET

SUITE 300

(Street)

DALLAS

TEXAS

75201

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CBRE GROUP, INC. [ CBRE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/21/2026		A⁽¹⁾		1,907	A	$0.0000	9,349	D
Class A Common Stock	05/21/2026		A⁽²⁾		839	A	$131.04	10,188	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The restricted stock units reported herein were issued pursuant to the Issuer's Director Compensation Policy. This award vests in full on the earlier of May 21, 2027 or the Issuer's next annual meeting of stockholders.

2. The restricted stock units reported herein were issued to the reporting person in lieu of cash payment for director fees. This award vests in full on the earlier of May 21, 2027 or the Issuer's next annual meeting of stockholders.

	/s/ Andria Iles, Attorney-in-Fact for Brandon B. Boze	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CBRE (CBRE) director Brandon B. Boze report?

Brandon B. Boze reported receiving equity compensation in CBRE Class A Common Stock. He was granted 2,746 restricted stock units on May 21, 2026 as director compensation, including units received instead of cash fees.

How many CBRE shares were granted to Brandon B. Boze in the latest Form 4?

Boze was granted 2,746 restricted stock units tied to CBRE Class A Common Stock. The award consists of 839 units at a reference price of $131.04 per share and 1,907 additional units recorded at $0.00 per share.

Why did CBRE grant Brandon B. Boze restricted stock units instead of cash?

A portion of Boze’s award was issued in lieu of cash director fees. The Form 4 footnotes state that the restricted stock units were granted under CBRE’s Director Compensation Policy and partly replace cash payments for director compensation.

When do Brandon B. Boze’s CBRE restricted stock units vest?

The restricted stock units vest in full on the earlier of May 21, 2027 or CBRE’s next annual meeting. This vesting condition applies both to units granted under the Director Compensation Policy and those issued instead of cash director fees.

How many CBRE shares does Brandon B. Boze hold after these grants?

After the reported equity grants, Boze directly holds 10,188 shares of CBRE Class A Common Stock. This figure comes from the post-transaction ownership reported for one of the May 21, 2026 grant entries in the Form 4.

Are Brandon B. Boze’s CBRE equity awards part of a standard director plan?

Yes. The filing notes that the restricted stock units were issued under CBRE’s Director Compensation Policy. This indicates they are routine director compensation awards rather than open-market purchases or discretionary stock acquisitions.