Michelle Mackay - Jul 1, 2025 Form 4 Insider Report for Cushman & Wakefield plc (CWK)

Role: Chief Executive Officer, Director
Signature: /s/ Noelle Perkins, attorney-in-fact
Stock symbol: CWK
Transactions as of: Jul 1, 2025
Transactions value $: -$138,030
Form type: 4
Date filed: 7/2/2025, 02:49 PM
Previous filing: Feb 28, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
MACKAY MICHELLE	Chief Executive Officer, Director	225 WEST WACKER DRIVE, CHICAGO	/s/ Noelle Perkins, attorney-in-fact	2025-07-02	0001581054

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CWK	Ordinary Shares	Options Exercise	$0	+25K	+9.95%	$0.00	276K	Jul 1, 2025	Direct	F1
transaction	CWK	Ordinary Shares	Tax liability	-$138K	-13.8K	-5%	$10.00	262K	Jul 1, 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CWK	Restricted Stock Units	Options Exercise	$0	-25K	-50%	$0.00	25K	Jul 1, 2025	Ordinary Shares	25K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Conversion of previously awarded restricted stock units ("RSUs") into an equal number of ordinary shares, without the payment of any consideration, pursuant to the Cushman & Wakefield plc Third Amended & Restated 2018 Omnibus Management Share and Cash Incentive Plan.
F2	RSUs 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.