SULENTIC ROBERT E 4

What Happened

• Robert E. Sulentic, Chair & CEO of CBRE Group, executed an options-related transaction in which 8,736 shares were surrendered to cover tax obligations. The filing shows two dispositions on 2026-03-05: 3,744 shares and 4,992 shares, each withheld at $141.19 per share, for total proceeds withheld of $528,615 and $704,820 respectively (combined ≈ $1,233,435).
• These were share withholdings to satisfy tax liabilities (not open-market sales). Such withholdings are routine following option exercises or vesting and do not necessarily indicate a directional view on the stock.

Key Details

• Transaction date: 2026-03-05
• Price used for withholding: $141.19 per share
• Shares surrendered: 3,744 and 4,992 (total 8,736)
• Total value withheld: $528,615 + $704,820 = $1,233,435 (approx.)
• Transaction code: F (payment of exercise price or tax liability via share withholding)
• Filing date: 2026-03-09 — filed four days after the reported transaction (appears late relative to the usual Form 4 reporting window)
• Shares owned after the transaction: not specified in the excerpt of this filing

Context

• This appears to be a cashless/withholding transaction to cover tax obligations tied to equity compensation (typical after option exercise or share vesting). The shares were surrendered for tax purposes rather than sold on the open market.
• Such routine tax-withholding dispositions are common for insiders and are usually administrative; they differ from voluntary open-market sales that may be used to diversify or raise cash.