Form 4: CBRE Group Chief Accounting Officer Reports Changes in Beneficial Ownership

Lindsey S. Caplan, Chief Accounting Officer of CBRE Group, Inc., reported changes in beneficial ownership of Class A Common Stock due to the withholding of shares for tax obligations.

Summary

• Lindsey S. Caplan, Chief Accounting Officer of CBRE Group, Inc., filed a Form 4 on March 5, 2024, reporting changes in beneficial ownership of the company's Class A Common Stock.
• The transactions occurred on March 3, 2024, and involved the disposal of shares to cover tax obligations.
• Specifically, 986 shares were disposed of at a price of $92.98 per share, and 258 shares held by spouse were disposed of at the same price.
• Following these transactions, Caplan directly owns 16,053 shares and indirectly owns 10,697 shares through spouse.
• Caplan also indirectly owns 765.2216 shares through a 401(k) plan and 867.2318 shares through spouse and 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the transactions are related to tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to tax obligations of a company officer.

Key Dates