CIGI · Insider Trading

Colliers International Group Inc. Subordinate Voting Shares

Every open-market purchase and sale reported by CIGI officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
10
most recent
Open-Market Buys
8
code P
Sales
2
code S
Reporting Insiders
0
current holders
CIGI — Recent Form 4 Transactions (latest 2021-05-21)
FiledInsiderRole TypeSharesValue
2021-05-21 Spruce House Partnership (QP) LP 10%+ Owner Sell −1,500,000 −$153.94M
2020-03-24 Zachary Sternberg 10%+ Owner Sell −260,100 −$12.09M
2019-12-11 SPRUCE HOUSE PARTNERSHIP LP 10%+ Owner Buy +1 +$74
2017-02-16 SPRUCE HOUSE PARTNERSHIP LP 10%+ Owner Buy +65,100 +$2.49M
2017-02-13 SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 10%+ Owner Buy +52,723 +$2.02M
2016-11-03 Ben Forester Stein 10%+ Owner Buy +504,911 +$17.99M
2016-10-31 SPRUCE HOUSE PARTNERSHIP LP 10%+ Owner Buy +976,357 +$36.76M
2016-10-05 SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 10%+ Owner Buy +133,800 +$5.63M
2016-09-19 SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 10%+ Owner Buy +120,000 +$4.99M
2016-07-11 Spruce House Capital LLC 10%+ Owner Buy +266,288 +$9.21M
CIGI Insider Trading FAQ
Who are the insiders at CIGI?
No current Form 4 beneficial owners are on file for CIGI.
Are CIGI insiders buying or selling?
Across the 10 most recent Form 4 filings for CIGI, 8 were open-market purchases (code P) and 2 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is CIGI insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent CIGI filing is dated 2021-05-21.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the CIGI quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.