Form 4: Cushman & Wakefield Director Michelle Felman Gifts Shares to Family Trust
SEC Form 4 Filing
Director Michelle Felman gifted shares of Cushman & Wakefield plc to a family trust, maintaining indirect beneficial ownership.
Summary
- On May 20, 2025, Michelle Felman, a director of Cushman & Wakefield plc, gifted 13,922 ordinary shares to an irrevocable trust for the benefit of her immediate family.
- The same number of shares, 13,922, were disposed of directly by Felman.
- Following the transaction, Felman directly owns 13,922 ordinary shares and indirectly owns 13,922 ordinary shares through the family trust.
- Felman retains investment control over the shares held by the trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't convey any positive or negative sentiment regarding the company's performance or prospects.
Industry Context
This is a routine disclosure of insider transactions and doesn't necessarily reflect a strategic shift or material event for Cushman & Wakefield.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders, as it is a transfer of ownership between the director and a family trust.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of the share gifting transaction. |
| 05/22/2025 | Date of signature by attorney-in-fact. |
Keywords
Cushman & Wakefield, CWK, Form 4, Beneficial Ownership, Michelle Felman, Director, Family Trust, Share Gifting
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