Form 4: Cushman & Wakefield Officer Laurida Sayed Reports Share Transactions
SEC Form 4
Laurida Sayed, Chief Accounting Officer of Cushman & Wakefield plc, reports the conversion and disposal of ordinary shares and restricted stock units.
Summary
- Laurida Sayed, Chief Accounting Officer of Cushman & Wakefield plc, filed a Form 4 detailing changes in beneficial ownership.
- The transactions involve the conversion of restricted stock units (RSUs) into ordinary shares and the disposal of some ordinary shares to cover tax obligations.
- On February 22, 2025, 6,659 RSUs were converted into ordinary shares, and 2,305 ordinary shares were disposed of at a price of $11.64.
- On February 23, 2025, 2,491 RSUs were converted, and 862 ordinary shares were disposed of at $11.64.
- On February 24, 2025, 594 RSUs were converted, and 206 ordinary shares were disposed of at $11.74.
- Following these transactions, Sayed directly owns 11,530 ordinary shares and 0 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting neutral sentiment as it reports transactions without expressing opinions or forecasts.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine insider activity.
Key Dates
| Date | Description |
|---|---|
| 02/22/2024 | RSUs were granted and vest in three substantially equal installments on each of the first three anniversaries of the grant date. |
| 02/23/2023 | RSUs were granted and vest in three substantially equal installments on each of the first three anniversaries of the grant date. |
| 02/24/2022 | RSUs were granted and vest in three equal installments on each of the first three anniversaries of the grant date. |
| 02/22/2025 | Conversion of 6,659 RSUs into ordinary shares and disposal of 2,305 ordinary shares. |
| 02/23/2025 | Conversion of 2,491 RSUs into ordinary shares and disposal of 862 ordinary shares. |
| 02/24/2025 | Conversion of 594 RSUs into ordinary shares and disposal of 206 ordinary shares. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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