Form 4: Cushman & Wakefield Executive Noelle J. Perkins Reports Changes in Beneficial Ownership
SEC Filing
Executive Vice President, General Counsel & Corporate Secretary Noelle J. Perkins reports the conversion of restricted stock units into ordinary shares and the disposal of shares to cover tax obligations.
Summary
- Noelle J. Perkins, an executive at Cushman & Wakefield plc, filed a Form 4 detailing changes in her beneficial ownership of company stock.
- On February 22, 2025, Perkins converted 14,985 restricted stock units (RSUs) into an equal number of ordinary shares.
- Also on February 22, 2025, Perkins disposed of 4,777 ordinary shares at a price of $11.64 to satisfy tax obligations.
- Following these transactions, Perkins directly owns 31,815 ordinary shares and 29,970 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices, with no inherent positive or negative implications for the company's overall performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives regarding their holdings of company stock.
Key Dates
| Date | Description |
|---|---|
| February 22, 2024 | Date RSUs were granted, vesting in three equal installments annually. |
| February 22, 2025 | Date of RSU conversion and share disposal for tax obligations. |
| February 25, 2025 | Date of Form 4 filing. |
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