Form 4: CBRE Executive Vice President Chad J. Doellinger Reports Stock Disposal
SEC Form 4 Filing
Chad J. Doellinger, EVP and General Counsel of CBRE Group, Inc., reported disposing of 487 shares of Class A Common Stock on May 1, 2024, at a price of $86.27 per share.
Summary
- On May 3, 2024, a Form 4 filing with the SEC revealed that Chad J. Doellinger, an Executive Vice President and General Counsel at CBRE Group, Inc., disposed of shares of the company's Class A Common Stock.
- The transaction occurred on May 1, 2024.
- Doellinger disposed of 487 shares at a price of $86.27 per share.
- Following the transaction, Doellinger directly owns 17,036 shares of CBRE Group, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock disposal, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The disposal of shares by an executive may be due to a variety of personal financial planning reasons and does not necessarily indicate a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of stock disposal transaction |
| 05/03/2024 | Date of Form 4 filing |
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