Doellinger Chad J 4

What Happened

• Chad J. Doellinger, CBRE Group's Chief Legal & Administrative Officer, disposed of a total of 743 CBRE shares across three transactions in March 2026. The transactions include a 156-share disposition on 2026-03-10 recorded as tax/payment withholding, and two open-market sales: 471 shares on 2026-03-11 and 116 shares on 2026-03-12. Transaction details: 156 shares @ $134.59 = $20,996 (tax withholding), 471 shares @ $133.51 = $62,883 (open-market sale), and 116 shares @ $130.06 = $15,087 (open-market sale). Total proceeds/value disposed ≈ $98,966.

Key Details

• Dates & prices:
  • 2026-03-10: 156 shares @ $134.59 (code F — payment of exercise price or tax liability)
  • 2026-03-11: 471 shares @ $133.51 (code S — open market sale)
  • 2026-03-12: 116 shares @ $130.06 (code S — open market sale)
• Total shares disposed: 743; total value ≈ $98,966.
• Shares owned after these transactions: not specified in the provided filing excerpt.
• Notable codes: F indicates shares were surrendered/withheld to cover taxes or exercise price; S indicates open-market sales.
• Filing: Form 4 was filed 2026-03-12 reporting transactions from Mar 10–12, 2026; this timing appears to be within the usual 2-business-day reporting window (i.e., timely).

Context

• The 156-share F transaction likely reflects tax withholding related to an award or option exercise rather than an active cash sale; such withholdings are routine to cover tax obligations. The two S transactions are open-market sales, which are common for executives managing personal liquidity or meeting tax/financial needs and do not by themselves signal company performance. No 10b5-1 plan or other plan details were disclosed in the excerpt provided.