SEC Form 4 · accession 0001628369-26-000108
Cushman & Wakefield Ltd. · CWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelle Mackay
Officer — Chief Executive Officer · Director
Period of report
Jul 1, 2026
Accepted (ET)
Jul 6, 2026 · 4:23 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001628369
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Jul 1, 2026 | M | 24,960 | $0.00 | A | 440,064 | D | |
| Common Shares | Jul 1, 2026 | F | 13,803 | $13.84 | D | 426,261 | D | |
| Common SharesF2 | Jul 1, 2026 | M | 133,283 | $0.00 | A | 559,544 | D | |
| Common Shares | Jul 1, 2026 | F | 73,706 | $13.84 | D | 485,838 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Jul 1, 2026 | M | 24,960 | D | — | — | Common Shares | 24,960 | 0 | D |
Explanation of responses
- F1Conversion of previously awarded restricted stock units ("RSUs") into an equal number of common shares, without the payment of any consideration, pursuant to the Fourth Amended & Restated 2018 Omnibus Management Share and Cash Incentive Plan (the "Fourth A&R Omnibus Plan").
- F2Represents vesting of common shares earned in respect of performance-based restricted stock units based on the achievement by the Issuer of certain performance targets for the 2023 to 2025 performance period pursuant to the Fourth A&R Omnibus Plan.
- F3RSUs were granted on July 1, 2023 and vest in three (3) substantially equal installments on each of the first three (3) anniversaries of the grant date, subject, with certain limited exceptions, to the reporting person's continuing employment through each such vesting date.