4//SEC Filing
Lutnick Kyle 4
Accession 0001437749-25-008246
CIK 0001690680other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:06 PM ET
Size
7.8 KB
Accession
0001437749-25-008246
Insider Transaction Report
Form 4
Lutnick Kyle
Director
Transactions
- Tax Payment
Class A Common Stock, par value $0.01 per share
2025-03-15$12.40/sh−734$9,102→ 5,331 total
Holdings
- 4,492
Class A Common Stock, par value $0.01 per share
- 249(indirect: See footnote)
Class A Common Stock, par value $0.01 per share
Footnotes (5)
- [F1]On March 15, 2025, 1,606 restricted stock units ("RSUs"), which were previously granted as compensation to the reporting person under the Newmark Group, Inc. (the "Company") Long Term Incentive Plan in connection with his previous employment by the Company, and each representing a contingent right to receive one share of Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of the Company, became vested and issuable as Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 734 shares of Class A Common Stock withheld for taxes. The remaining 872 shares of Class A Common Stock were issued to the reporting person.
- [F2]The withholding described in Footnote 1 was approved by the Audit Committee and the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
- [F3]Consists of 1,514 shares of Class A Common Stock held directly after the vesting and withholding described in Footnote 1 and 3,817, RSUs. Of the 3,817 RSUs, (i) 729 RSUs will vest on March 15, 2026, and (ii) 3,088 RSUs will vest ratably on a five-year schedule beginning on the grant date of March 15, 2024, in each case provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date.
- [F4]Consists of 4,492 shares of the Company's Class A Common Stock held in custodial account for the benefit of the reporting person under the Uniform Gifts to Minors Act.
- [F5]Consists of 249 shares of the Company's Class A Common Stock held in the reporting person's 401(k) account as of March 3, 2025.
Documents
Issuer
NEWMARK GROUP, INC.
CIK 0001690680
Entity typeother
Related Parties
1- filerCIK 0002055504
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 4:06 PM ET
- Size
- 7.8 KB