Form 4: Cushman & Wakefield Executive Neil Johnston Reports Share Transactions
SEC Form 4 Filing
Neil Johnston, EVP, Chief Financial Officer and Chief Accounting Officer of Cushman & Wakefield plc, reports the conversion and vesting of restricted stock units into ordinary shares.
Summary
- On February 28, 2024, Neil Johnston, EVP, Chief Financial Officer and Chief Accounting Officer of Cushman & Wakefield plc, engaged in transactions involving the company's ordinary shares.
- Johnston converted 28,424 restricted stock units (RSUs) into an equal number of ordinary shares at a price of $0.00 per share.
- Additionally, 73,958 ordinary shares vested based on the achievement of certain performance targets for the 2021-2023 performance period, also at $0.00 per share.
- Following these transactions, Johnston directly owns 146,286 ordinary shares.
- A portion of shares were disposed of to cover tax obligations.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing share transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of executive compensation and share ownership changes, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/28/2021 | RSUs were granted |
| 02/28/2024 | Conversion of RSUs and vesting of performance-based shares |
| 03/01/2024 | Date of signature for the report |
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