Michelle Hay

Insider

First SEC filing: Aug. 1, 2018 · Latest: Aug. 1, 2018

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Insider at Companies where this person is a reporting insider.
Insider transactions Every share this person bought or sold, from Form 4 filings.
Derivatives Options and other derivative holdings reported by this person.
Initial holdings The stakes this person held when they first started reporting.

Insider at

Insider transactions

0 buys (P) 0 sells (S) Net: $0 + 18 non-open-market transactions below last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

No open-market trades on record; showing all filings.

Date	Ticker	Code	Shares	Price	Value	Owned after	Δ own	A/D	vs now
Aug. 6, 2020	CWK	M	6,667	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-19)
Aug. 6, 2020	CWK	M	6,667	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-19)
Aug. 6, 2020	CWK	F	5,908	$10.54	$62,270	14,611 Direct	-28.79%	Disposed	45.2% (price as of 2026-08-19)
Aug. 6, 2020	CWK	M	6,667	—	—	20,519 Direct	+48.13%	Acquired	(price as of 2026-08-19)
Aug. 6, 2020	CWK	M	6,667	—	—	13,852 Direct	+92.79%	Acquired	(price as of 2026-08-19)
March 7, 2020	CWK	M	4,202	—	—	12,605 Direct	-25.00%	Disposed	(price as of 2026-08-19)
March 7, 2020	CWK	F	1,862	$16.70	$31,095	7,186 Direct	-20.58%	Disposed	-8.4% (price as of 2026-08-19)
March 7, 2020	CWK	M	4,202	—	—	9,048 Direct	+86.71%	Acquired	(price as of 2026-08-19)
Feb. 27, 2020	CWK	A	17,783	—	—	17,783 Direct	—	Acquired	(price as of 2026-08-19)
Jan. 1, 2020	CWK	M	3,333	—	—	6,667 Direct	-33.33%	Disposed	(price as of 2026-08-19)
Jan. 1, 2020	CWK	F	1,654	$20.44	$33,808	4,846 Direct	-25.45%	Disposed	-25.1% (price as of 2026-08-19)
Jan. 1, 2020	CWK	M	3,333	—	—	6,500 Direct	+105.24%	Acquired	(price as of 2026-08-19)
Aug. 6, 2019	CWK	M	3,333	—	—	10,000 Direct	-25.00%	Disposed	(price as of 2026-08-19)
Aug. 6, 2019	CWK	M	2,353	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-19)
Aug. 6, 2019	CWK	F	2,520	$17.54	$44,201	3,166 Direct	-44.32%	Disposed	-12.7% (price as of 2026-08-19)
Aug. 6, 2019	CWK	M	3,333	—	—	5,686 Direct	+141.65%	Acquired	(price as of 2026-08-19)
Aug. 6, 2019	CWK	M	2,353	—	—	2,353 Direct	—	Acquired	(price as of 2026-08-19)
March 7, 2019	CWK	A	16,807	—	—	16,807 Direct	—	Acquired	(price as of 2026-08-19)

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Derivative holdings (Form 4 Table II)

Options, RSUs and convertible securities reported on Form 4 Table II.

Date	Ticker	Security	Underlying	Exercise price	Expiration	Shares	A/D
Aug. 6, 2020	CWK	Restricted Stock Units	Ordinary Shares (6,667)	—	—	6,667	Disposed
Aug. 6, 2020	CWK	Restricted Stock Units	Ordinary Shares (6,667)	—	—	6,667	Disposed
March 7, 2020	CWK	Restricted Stock Units	Ordinary Shares (4,202)	—	—	4,202	Disposed
Feb. 27, 2020	CWK	Restricted Stock Units	Ordinary Shares (17,783)	—	—	17,783	Acquired
Jan. 1, 2020	CWK	Restricted Stock Units	Ordinary Shares (3,333)	—	—	3,333	Disposed
Aug. 6, 2019	CWK	Restricted Stock Units	Ordinary Shares (3,333)	—	—	3,333	Disposed
Aug. 6, 2019	CWK	Restricted Stock Units	Ordinary Shares (2,353)	—	—	2,353	Disposed
March 7, 2019	CWK	Restricted Stock Units	Ordinary Shares (16,807)	—	—	16,807	Acquired

Exercise/conversion price is blank when not applicable (e.g. RSUs).

Initial ownership (Form 3) 5 holdings

Securities held when first becoming an insider, per SEC Form 3.

Date	Ticker	Security	Shares	Ownership
Aug. 1, 2018	CWK	Ordinary Shares	0	Direct
Aug. 1, 2018	CWK	Employee Stock Option→ Ordinary Shares (11,765)	11,765	Direct
Aug. 1, 2018	CWK	Employee Stock Option→ Ordinary Shares (50,000)	50,000	Direct
Aug. 1, 2018	CWK	Restricted Stock Units→ Ordinary Shares (2,353)	2,353	Direct
Aug. 1, 2018	CWK	Restricted Stock Units→ Ordinary Shares (20,000)	20,000	Direct