4//SEC Filing
MERKEL STEPHEN M 4
Accession 0001437749-25-030578
CIK 0001094831other
Filed
Oct 5, 8:00 PM ET
Accepted
Oct 6, 6:10 PM ET
Size
7.7 KB
Accession
0001437749-25-030578
Insider Transaction Report
Form 4
MERKEL STEPHEN M
EVP, GC and Secretary
Transactions
- Disposition to Issuer
Class A Common Stock, par value $0.01 per share
2025-10-03$9.21/sh−16,511$152,066→ 134,435 total
Holdings
- 46,131(indirect: By 401(k))
Class A Common Stock, par value $0.01 per share
- 6,258(indirect: By Trust)
Class A Common Stock, par value $0.01 per share
Footnotes (4)
- [F1]On October 3, 2025, BGC Group, Inc. (the "Company") repurchased an aggregate of 16,511 shares of its Class A common stock, par value $0.01 per share ("Class A Common Stock"), from the reporting person. The sale price per share was the closing price per share of a share of the Class A Common Stock on the Nasdaq Global Select Market on October 3, 2025. The transaction was approved by the Audit Committee of the Company and was pursuant to its stock buyback authorization.
- [F2]Includes restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock, consisting of: (i) 61,684 RSUs which vest ratably on each of April 1, 2026, 2027, 2028 and 2029, and (ii) 72,751 RSUs which vest ratably on each of April 1, 2026, 2027, 2028, 2029 and 2030, in each case provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs.
- [F3]Represents shares of Class A Common Stock held in trusts for the benefit of the reporting person's immediate family, of which the reporting person's spouse is the sole trustee of each trust.
- [F4]Represents shares of Class A Common Stock held in the reporting person's 401(k) account as of October 1, 2025.
Documents
Issuer
BGC Group, Inc.
CIK 0001094831
Entity typeother
Related Parties
1- filerCIK 0001251144
Filing Metadata
- Form type
- 4
- Filed
- Oct 5, 8:00 PM ET
- Accepted
- Oct 6, 6:10 PM ET
- Size
- 7.7 KB