Form 4: CBRE Group Inc. Executive Lindsey S. Caplan Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Lindsey S. Caplan, Chief Accounting Officer of CBRE Group, Inc., filed a Form 4 detailing changes in beneficial ownership of company stock due to tax withholding upon vesting of restricted stock units.
Summary
- On February 25, 2024, Lindsey S. Caplan, the Chief Accounting Officer of CBRE Group, Inc., reported changes in beneficial ownership of Class A Common Stock.
- The transactions involved the disposition of shares to cover tax obligations.
- 176 shares were disposed of at a price of $90.11.
- An additional 151 shares were disposed of at a price of $90.11.
- Following these transactions, Caplan directly owns 17,039 shares and indirectly owns shares through a spouse (10,955 shares and 868.008 shares) and a 401(k) plan (765.8994 shares).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing (Form 4) detailing changes in beneficial ownership due to tax obligations. It doesn't inherently indicate positive or negative sentiment regarding the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates tax withholding related to vesting of restricted stock units, a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/25/2024 | Date of transaction (disposal of shares). |
| 02/27/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.