What the executives and directors of CBRE Group actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| Boze Brandon B | Director | 4.6M | — | — |
| ValueAct Capital Management, L.P. | Director | 4.6M | — | — |
| ValueAct Capital Management, LLC | Director | 4.6M | — | — |
| VA Partners I, LLC | Director | 4.6M | — | — |
| ValueAct Holdings GP, LLC | Director | 4.6M | — | — |
| ValueAct Holdings, L.P. | Director | 4.6M | — | — |
| ValueAct Capital Master Fund, L.P. | Director | 4.6M | — | — |
| ValueAct Holdings II, L.P. | Director | 4.6M | — | — |
| SULENTIC ROBERT E Chair & CEO | CEO | 1.4M | — | — |
| Durburg John E CEO, Advisory Services | CEO | 227K | — | — |
| Queenan Daniel G CEO, Real Estate Investments | CEO | 207.1K | — | — |
| Dhandapani Chandra CEO, GWS | CEO | 147.1K | — | — |
| Kohli Vikramaditya COO & CEO, Advisory Services | CEO | 134.9K | — | $707K |
| Giamartino Emma E. CFO & Chief Investment Officer | CFO | 110.7K | — | $2M |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-07-29 | Kohli Vikramaditya (CEO) | Planned sale (10b5-1) | 2,666 | $150.00 | $400K |
| 2026-05-15 | Giamartino Emma E. (CFO) | Planned sale (10b5-1) | 2,250 | $130.74 | $294K |
| 2026-05-05 | Doellinger Chad J (Officer) | Planned sale (10b5-1) | 107 | $140.35 | $15K |
| 2026-03-12 | Doellinger Chad J (Officer) | Planned sale (10b5-1) | 116 | $130.06 | $15K |
| 2026-03-11 | Doellinger Chad J (Officer) | Planned sale (10b5-1) | 471 | $133.51 | $63K |
| 2026-02-26 | Giamartino Emma E. (CFO) | Planned sale (10b5-1) | 9,223 | $148.61 | $1.4M |
| 2025-11-10 | Kohli Vikramaditya (CEO) | Planned sale (10b5-1) | 1,000 | $152.41 | $152K |
| 2025-08-13 | Giamartino Emma E. (CFO) | Planned sale (10b5-1) | 2,000 | $157.60 | $315K |
| 2025-08-11 | Kohli Vikramaditya (CEO) | Planned sale (10b5-1) | 1,000 | $154.90 | $155K |
| 2025-07-29 | Caplan Lindsey S (Officer) | Planned sale (10b5-1) | 1,000 | $155.37 | $155K |
| 2025-07-29 | Caplan Lindsey S (Officer) | Planned sale (10b5-1) | 1,494 | $155.37 | $232K |
| 2025-06-24 | Caplan Lindsey S (Officer) | Planned sale (10b5-1) | 1,497 | $140.00 | $210K |
| 2025-06-24 | Caplan Lindsey S (Officer) | Planned sale (10b5-1) | 1,935 | $140.00 | $271K |
| 2025-05-19 | Giamartino Emma E. (CFO) | Planned sale (10b5-1) | 1,972 | $129.10 | $255K |
| 2025-05-05 | Doellinger Chad J (Officer) | Planned sale (10b5-1) | 133 | $125.91 | $17K |
| 2025-05-02 | Doellinger Chad J (Officer) | Planned sale (10b5-1) | 494 | $126.05 | $62K |
| 2025-03-17 | Giamartino Emma E. (CFO) | Planned sale (10b5-1) | 2,000 | $125.69 | $251K |
| 2025-03-12 | Doellinger Chad J (Officer) | Planned sale (10b5-1) | 116 | $128.74 | $15K |
| 2025-03-11 | Doellinger Chad J (Officer) | Planned sale (10b5-1) | 797 | $126.31 | $101K |
| 2024-12-02 | Queenan Daniel G (CEO) | Planned sale (10b5-1) | 10K | $140.12 | $1.4M |
| 2024-11-15 | Giamartino Emma E. (CFO) | Planned sale (10b5-1) | 1,815 | $131.34 | $238K |
| 2024-11-13 | Kohli Vikramaditya (COO) | Planned sale (10b5-1) | 1,049 | $135.39 | $142K |
| 2024-11-12 | Jenny Christopher T (Director) | Discretionary sale | 8,444 | $135.53 | $1.1M |
| 2024-09-03 | Queenan Daniel G (CEO) | Planned sale (10b5-1) | 10K | $114.67 | $1.1M |
| 2024-08-29 | MUNOZ OSCAR (Director) | Open-market buy | 2,100 | $115.29 | $242K |
| 2024-08-20 | Jenny Christopher T (Director) | Discretionary sale | 10.8K | $112.00 | $1.2M |
| 2024-08-12 | Giamartino Emma E. (CFO) | Planned sale (10b5-1) | 3,311 | $108.89 | $361K |
| 2024-08-12 | Kohli Vikramaditya (COO) | Planned sale (10b5-1) | 1,074 | $108.89 | $117K |
| 2024-07-26 | Caplan Lindsey S (Officer) | Discretionary sale | 2,000 | $109.87 | $220K |
| 2024-06-03 | Queenan Daniel G (CEO) | Planned sale (10b5-1) | 10K | $88.64 | $886K |
| 2024-03-12 | Giamartino Emma E. (CFO) | Planned sale (10b5-1) | 704 | $93.36 | $66K |
| 2024-03-11 | Giamartino Emma E. (CFO) | Planned sale (10b5-1) | 1,063 | $93.14 | $99K |
| 2024-03-11 | Giamartino Emma E. (CFO) | Planned sale (10b5-1) | 1,604 | $93.79 | $150K |
| 2024-02-22 | Durburg John E (CEO) | Discretionary sale | 25K | $92.20 | $2.3M |
| 2024-02-16 | Durburg John E (CEO) | Discretionary sale | 25K | $93.40 | $2.3M |
| 2024-02-16 | Dhandapani Chandra (CEO) | Discretionary sale | 11.9K | $94.03 | $1.1M |
| 2023-11-14 | Giamartino Emma E. (CFO) | Planned sale (10b5-1) | 1,064 | $76.53 | $81K |
| 2023-08-29 | Boze Brandon B (Director) | Discretionary sale | 1.2M | $84.41 | $101.3M |
| 2023-08-11 | Dhandapani Chandra (CEO) | Discretionary sale | 6,551 | $84.10 | $551K |
| 2023-08-03 | Caplan Lindsey S (Officer) | Discretionary sale | 260 | $83.00 | $22K |
| 2023-08-02 | Caplan Lindsey S (Officer) | Discretionary sale | 1,305 | $83.08 | $108K |
| 2023-08-01 | Boze Brandon B (Director) | Discretionary sale | 3.4M | $80.80 | $274.7M |
| 2023-05-30 | Dhandapani Chandra (CEO) | Discretionary sale | 301 | $75.00 | $23K |
| 2023-05-30 | Dhandapani Chandra (CEO) | Discretionary sale | 6,315 | $75.40 | $476K |
| 2022-12-01 | Queenan Daniel G (CEO) | Discretionary sale | 5,000 | $80.08 | $400K |
| 2022-09-01 | Queenan Daniel G (CEO) | Discretionary sale | 5,000 | $78.26 | $391K |
| 2022-08-30 | Giamartino Emma E. (Officer) | Discretionary sale | 517 | $79.77 | $41K |
| 2022-06-01 | Queenan Daniel G (CEO) | Discretionary sale | 5,000 | $83.16 | $416K |
| 2022-05-10 | KIRK J. CHRISTOPHER (COO) | Discretionary sale | 1,315 | $79.39 | $104K |
| 2022-05-10 | KIRK J. CHRISTOPHER (COO) | Discretionary sale | 5,929 | $78.98 | $468K |
| 2022-05-10 | KIRK J. CHRISTOPHER (COO) | Discretionary sale | 7,916 | $77.70 | $615K |
| 2022-03-04 | SULENTIC ROBERT E (CEO) | Discretionary sale | 500 | $93.51 | $47K |
| 2022-03-04 | SULENTIC ROBERT E (CEO) | Discretionary sale | 1,407 | $92.46 | $130K |
| 2022-03-04 | SULENTIC ROBERT E (CEO) | Discretionary sale | 4,387 | $91.61 | $402K |
| 2022-03-04 | SULENTIC ROBERT E (CEO) | Discretionary sale | 5,199 | $88.66 | $461K |
| 2022-03-04 | SULENTIC ROBERT E (CEO) | Discretionary sale | 6,035 | $90.46 | $546K |
| 2022-03-04 | SULENTIC ROBERT E (CEO) | Discretionary sale | 12.5K | $89.57 | $1.1M |
| 2022-03-02 | Giamartino Emma E. (Officer) | Discretionary sale | 146 | $97.00 | $14K |
| 2022-03-01 | Queenan Daniel G (CEO) | Discretionary sale | 5,000 | $96.86 | $484K |
| 2022-02-25 | LAFITTE MICHAEL J (Officer) | Discretionary sale | 7,406 | $98.00 | $726K |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.