Cushman & Wakefield (CWK) director reports RSU conversion and new 14,041-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cushman & Wakefield Ltd. director Billie Ida Williamson reported routine equity compensation movements involving restricted stock units (RSUs) and common shares. On May 15, 2026, previously awarded RSUs converted into 17,013 common shares without any cash payment, under the company’s omnibus non-employee director incentive plan.
Following this conversion, Williamson held 106,005 common shares directly. A day earlier, on May 14, 2026, Williamson received a new grant of 14,041 RSUs that will vest and settle into an equal number of common shares on May 14, 2027, if board service continues through that date. The Form 4 shows no open-market purchases or sales, only compensation-related grants and RSU conversions.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,013 shares exercised/converted
Mixed
3 txns
Insider
Williamson Billie Ida
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 17,013 | $0.00 | -- |
| Exercise | Common Shares | 17,013 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 14,041 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Shares — 106,005 shares (Direct, null)
Footnotes (1)
- Conversion of previously awarded restricted stock units ("RSUs") into an equal number of common shares, without the payment of any consideration, pursuant to the Third Amended & Restated 2018 Omnibus Non-Employee Director Share and Cash Incentive Plan. RSUs granted under the Cushman & Wakefield Ltd. 2026 Omnibus Share and Cash Incentive Plan convert into an equal number of common shares of Cushman & Wakefield Ltd. without the payment of any consideration. RSUs were granted on May 14, 2026 and vest and settle on May 14, 2027 subject, with certain limited exceptions, to the reporting person's continuing board service through such vesting date. RSUs were granted on May 15, 2025 and vested and settled on May 15, 2026.
Key Figures
RSUs converted to common shares: 17,013 shares
New RSU grant: 14,041 RSUs
Shares held after transactions: 106,005 common shares
+2 more
5 metrics
RSUs converted to common shares
17,013 shares
Conversion of previously awarded RSUs on May 15, 2026
New RSU grant
14,041 RSUs
Grant on May 14, 2026 under 2026 Omnibus Plan
Shares held after transactions
106,005 common shares
Direct ownership following RSU conversion
New RSU vesting date
May 14, 2027
RSUs vest and settle if board service continues
Prior RSU grant date
May 15, 2025
Earlier RSUs that vested and settled May 15, 2026
Key Terms
Restricted Stock Units, derivative security, Omnibus Share and Cash Incentive Plan, non-employee director
4 terms
Restricted Stock Units financial
"The Form 4 shows activity in "Restricted Stock Units" and related conversions."
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.
derivative security financial
"The transaction code description notes an "Exercise or conversion of derivative security"."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
non-employee director financial
"The plan is titled the Third Amended & Restated 2018 Omnibus Non-Employee Director Share and Cash Incentive Plan."
FAQ
What did Cushman & Wakefield (CWK) director Billie Ida Williamson report on this Form 4?
Billie Ida Williamson reported compensation-related equity activity, not open-market trades. Previously granted RSUs converted into 17,013 common shares, and a new grant of 14,041 RSUs was awarded, both under Cushman & Wakefield’s director incentive plans.
Were there any open-market buys or sells by Billie Ida Williamson in CWK stock?
No open-market purchases or sales were reported. The Form 4 only shows an RSU grant and the conversion of 17,013 previously granted RSUs into common shares, both as part of Cushman & Wakefield’s equity compensation plans for directors.
What is the new RSU grant disclosed for Cushman & Wakefield (CWK) director Billie Ida Williamson?
Williamson received a grant of 14,041 restricted stock units on May 14, 2026. These RSUs will vest and settle into an equal number of common shares on May 14, 2027, assuming continued board service through that vesting date, subject to limited exceptions.
When did Billie Ida Williamson’s earlier RSU award in Cushman & Wakefield (CWK) vest?
An RSU award granted on May 15, 2025 vested and settled on May 15, 2026. That vesting led to the conversion of 17,013 RSUs into 17,013 common shares without any cash consideration under the director incentive plan.
Under which plans were Billie Ida Williamson’s CWK RSU transactions made?
The RSU conversion was under the Third Amended & Restated 2018 Omnibus Non-Employee Director Share and Cash Incentive Plan. The new 14,041 RSU grant was made under the Cushman & Wakefield Ltd. 2026 Omnibus Share and Cash Incentive Plan.