secwatch.observer — SEC 8-K summary
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Issuer:     Cushman & Wakefield Ltd. (CWK)
CIK:        0001628369
Form:       8-K
Filed at:   2022-01-04T23:59:59+00:00
Accession:  0001193125-22-001710
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brett White's CEO resignation confirmed as Qualifying Resignation; equity vests, covenants extended through June 2025
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- Resignation effective Dec 31, 2021; accelerates vesting of certain equity awards per employment agreement.
- No additional salary or bonus beyond 2021 annual bonus eligibility; no severance benefits.
- Restrictive covenants extended through June 30, 2025; White may engage in non-competitive activities with non-public entities.
- White continues as Executive Chairman; restrictive covenants survive board service.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1628369/000119312522001710/0001193125-22-001710-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1628369/000119312522001710/d270781d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-001710

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer