Form 4: Cushman & Wakefield Director Angela Sun Reports Share Transactions
SEC Form 4 Filing
Director Angela Sun converted restricted stock units into ordinary shares of Cushman & Wakefield plc on May 11, 2024.
Summary
- On May 11, 2024, Angela Sun, a director of Cushman & Wakefield plc, converted 23,196 restricted stock units (RSUs) into an equal number of ordinary shares.
- The conversion occurred under the Amended & Restated Cushman & Wakefield plc 2018 Omnibus Non-Employee Director Share and Cash Incentive Plan.
- The RSUs were granted on May 11, 2023, and vested on May 11, 2024, subject to continued board service.
- Following the transaction, Sun directly owns 37,847 ordinary shares.
- A Limited Power of Attorney was executed on December 15, 2023, granting Noelle Perkins and Steven Belew the authority to file Forms 3, 4, and 5 on behalf of Angela Sun.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company directors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine conversion of RSUs into shares.
Key Dates
| Date | Description |
|---|---|
| 2023-05-11 | RSUs were granted to Angela Sun. |
| 2023-12-15 | Limited Power of Attorney executed. |
| 2024-05-11 | RSUs vested and were converted into ordinary shares. |
| 2024-05-14 | Form 4 filing date. |
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