Cushman & Wakefield officer RSU vesting and tax shares
Cushman & Wakefield Ltd. officer Noelle J. Perkins reported compensation-related equity activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Cushman & Wakefield Ltd. officer Noelle J. Perkins reported compensation-related equity activity involving restricted stock units and common shares. On July 1, 2026, previously awarded RSUs converted into common shares without cash payment under the company’s Fourth Amended & Restated 2018 Omnibus Management Share and Cash Incentive Plan. On the same date, the company withheld shares valued at $13.84 per share to cover tax obligations tied to vesting and performance-based RSUs, so these dispositions were for tax payments rather than open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
30,563 shares exercised/converted
Exercise
5 txns
Insider
Perkins Noelle J
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 30,563 | $0.00 | $0.00 |
| Exercise | Common Shares | 30,563 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 13,540 | $13.84 | $187K |
| Exercise | Common Shares | 163,203 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 72,299 | $13.84 | $1.00M |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Shares — 181,884 shares (Direct)
Footnotes (3)
- F1. Conversion of previously awarded restricted stock units ("RSUs") into an equal number of common shares, without the payment of any consideration, pursuant to the Fourth Amended & Restated 2018 Omnibus Management Share and Cash Incentive Plan (the "Fourth A&R Omnibus Plan").
- F2. Represents vesting of common shares earned in respect of performance-based restricted stock units based on the achievement by the Issuer of certain performance targets for the 2023 to 2025 performance period pursuant to the Fourth A&R Omnibus Plan.
- F3. RSUs were granted on July 1, 2023 and vest in three (3) substantially equal installments on each of the first three (3) anniversaries of the grant date, subject, with certain limited exceptions, to the reporting person's continuing employment through each such vesting date.
Key Figures
RSUs converted: 30,563 shares
Shares withheld for taxes: 85,839 shares
Tax withholding share value: $13.84/share
+3 more
6 metrics
RSUs converted
30,563 shares
RSUs converted to common shares on July 1, 2026
Shares withheld for taxes
85,839 shares
Tax-withholding dispositions related to equity vesting
Tax withholding share value
$13.84/share
Value used for F-code tax-withholding dispositions
Single RSU block converted
30,563 RSUs
Derivative RSU position reduced to zero after conversion
Largest tax-withholding block
72,299 shares
F-code disposition of common shares at $13.84/share
Additional tax-withholding block
13,540 shares
Second F-code disposition at $13.84/share
Key Terms
restricted stock units, performance-based restricted stock units, Fourth Amended & Restated 2018 Omnibus Management Share and Cash Incentive Plan, tax-withholding disposition, +1 more
5 terms
restricted stock units financial
"Conversion of previously awarded restricted stock units ("RSUs") into an equal number of common shares"
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.
performance-based restricted stock units financial
"vesting of common shares earned in respect of performance-based restricted stock units based on the achievement"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What insider transactions did Noelle J. Perkins report in CWK Form 4?
Noelle J. Perkins reported the conversion of previously granted restricted stock units into common shares and related share dispositions for taxes. These events reflect equity compensation vesting, not open-market buying or selling of Cushman & Wakefield Ltd. stock.
What plan governed the Cushman & Wakefield RSU transactions?
The RSU conversion and performance-based vesting occurred under the company’s Fourth Amended & Restated 2018 Omnibus Management Share and Cash Incentive Plan. This plan governs management share and cash incentives, including grants and vesting of restricted stock units.
Were the CWK insider transactions open-market purchases or sales?
No. The reported activities are RSU conversions and share withholdings to cover tax obligations, not open-market purchases or sales. Code M entries show derivative exercises, while code F entries represent tax-related dispositions of Cushman & Wakefield common shares.
What performance period applied to the CWK performance-based RSUs?
A portion of the vesting relates to performance-based restricted stock units measured over the 2023 to 2025 performance period. Vesting was based on Cushman & Wakefield achieving specified performance targets during that multi-year timeframe under the omnibus incentive plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
