Form 4: CBRE Group CFO Emma Giamartino Reports Stock Award and Tax Withholding

Emma Giamartino, CFO of CBRE Group, reports the acquisition of stock awards and a disposition of shares to cover tax obligations.

Summary

• On March 5, 2025, Emma Giamartino, CFO of CBRE Group, acquired 11,278 shares of Class A Common Stock as part of her 2025 annual equity award.
• These shares were granted at a price of $0.00.
• The shares vest at a rate of 25% per year, starting March 5, 2026, and continuing through 2029.
• Also on March 5, 2025, Ms. Giamartino disposed of 2,375 shares of Class A Common Stock at a price of $142.30 per share to satisfy tax withholding obligations.
• Following these transactions, Ms. Giamartino beneficially owns 111,948 shares of CBRE Group Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects standard executive compensation practices. There are no particularly positive or negative implications.

Positives

• The grant of stock awards to the CFO aligns her interests with those of the shareholders.

Future Outlook

The stock awards will continue to vest over the next four years, subject to forfeiture or acceleration under certain circumstances.

Industry Context

Stock awards are a common form of executive compensation in the real estate services industry, aligning management's interests with those of shareholders.

Stakeholder Impact

• The stock award aligns the CFO's interests with those of shareholders, potentially encouraging decisions that increase shareholder value.
• The vesting schedule encourages long-term commitment from the CFO.

Key Dates