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.
| Filed | Insider | Role | Type | Shares | Value |
|---|---|---|---|---|---|
| 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 |
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.