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Form 8-K · Current Report · Filed 2024-03-11

CBRE Group, Inc. Updates Executive Compensation with New RSU Agreements

On March 5, 2024, CBRE Group, Inc.'s Compensation Committee approved new forms of Restricted Stock Unit (RSU) award agreements under the Amended and Restated 2019 Equity Incentive Plan.

Filer
CBRE Group Inc. CBRE · NYSE
Filed
Accession
0001193125-24-064939
CIK
0001138118
Signal
High impactReal Estate

Details

The new agreements, which apply to the annual equity grant made on the same day, include Time Vesting RSUs, Core EPS Performance Vesting RSUs, and Relative TSR Performance Vesting RSUs. These agreements tie the vesting of RSUs to various performance metrics and timeframes, enhancing the alignment of executive compensation with company performance.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Executive Compensation Detail New CEO Appointed New CFO Appointed
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$94.37

Next session

-0.7%

Since filing

+55.6%

Latest close

$146.81

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CBRE reporting the same item, with the next session's move:

Exhibits (3)

About CBRE Group Inc.

CBRE Group Inc. operates as a leading commercial real estate services and investment firm globally. The company's primary purpose is to offer a broad array of real estate solutions, sector-driven insights, and advisory services to a diverse clientele that includes corporations, property owners, investors, and developers. CBRE provides expertise in property management, strategic consulting, valuation, project management, and capital markets operations. Known for its vast geographic presence, CBRE serves numerous industries, encompassing sectors such as retail, industrial, office, and healthcare. With comprehensive service offerings, the firm plays a vital role in shaping urban landscapes and responding to market dynamics. Headquartered in Dallas, Texas, CBRE Group Inc. leverages its extensive global network and local market expertise to drive innovation and sustainable practices, profoundly influencing how real estate industry challenges are addressed across the world.

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