Form 4: Cushman & Wakefield Director Jennifer J. McPeek Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Jennifer J. McPeek reports transactions involving Cushman & Wakefield plc ordinary shares and restricted stock units.
Summary
- On May 16, 2025, Jennifer J. McPeek converted 15,451 restricted stock units (RSUs) into an equal number of ordinary shares at a price of $0.
- Following this transaction, McPeek directly owns 18,503 ordinary shares.
- On May 15, 2025, McPeek was granted 17,013 RSUs, which will vest and settle on May 15, 2026, subject to continued board service.
- These transactions were reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which is neutral in sentiment.
Future Outlook
The granted RSUs are subject to continued board service through the vesting date, indicating an expectation of continued service by the reporting person.
Industry Context
This filing is a routine disclosure of stock-based compensation and ownership changes for a director of a publicly traded company, Cushman & Wakefield plc. It reflects standard practices for aligning director incentives with shareholder value.
Comparison to Industry Standards
- Stock-based compensation for directors is a common practice among publicly traded companies, including competitors like CBRE Group and JLL.
- The vesting schedules and terms of the RSUs are likely aligned with industry norms for director compensation packages.
- Director ownership levels are often compared to benchmarks to assess alignment with shareholder interests.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
- The vesting of RSUs incentivizes the director to continue providing valuable service to the company.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | RSUs were granted on May 16, 2024 and vested and settled on May 16, 2025. |
| 05/15/2025 | RSUs granted to McPeek, vesting on May 15, 2026. |
| 05/16/2025 | Conversion of 15,451 RSUs into ordinary shares. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
| 05/15/2026 | Vesting date for 17,013 RSUs granted on May 15, 2025. |
Keywords
Cushman & Wakefield, Director, Jennifer J. McPeek, Beneficial Ownership, Form 4, SEC Filing, Ordinary Shares, Restricted Stock Units, RSUs, CWK
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.