SEC Filing Analysis: CBRE GROUP, INC. (CBRE)

Executive Summary

• Trading Significance: Low
• Key Takeaway: Routine tax withholding transaction (Code F) by Deputy CFO; not an open market sale.
• Market Impact: Neutral - No signal generated.

Company Information

Field	Value
Company	CBRE GROUP, INC.
Ticker Symbol	CBRE
CIK	0001138118
Industry	Real Estate

Insider Information

Field	Value
Name	Horn Andrew S
CIK	0002081057
Title/Position	Deputy Chief Financial Officer
Relationship	Officer

Transaction Details

Field	Value
Form Type	4
Transaction Date	2026-03-10
Transaction Code	F (Tax Withholding)
Security Type	Class A Common Stock
Shares Involved	343
Price Per Share	$134.59
Total Value	$46,164.37
Shares Owned After	12,472
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$46,164
% of Market Cap	~0.0001%
Shares Transacted	343
% of Shares Outstanding	~0.0001%
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: With a market cap of $40.39 billion, a $46k transaction is mathematically negligible.
• Transaction Significance: The use of Transaction Code 'F' confirms this was a mandatory disposition to cover tax liabilities associated with the vesting of equity awards. It does not reflect insider sentiment regarding the stock price.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: The transaction volume is too low to impact liquidity, and the nature of the trade (tax withholding) provides no directional signal.

Volume & Sentiment

• Expected Volume Impact: None.
• Sentiment Indicator: Neutral.

Additional Context

Transaction Notes

• Timing: Filed on 2026/03/12 regarding a transaction on 2026/03/10.
• Special Circumstances: The filing reports two separate line items for tax withholding (156 shares and 187 shares), likely corresponding to different vesting grant lots.