MERKEL STEPHEN M 4
4 · NEWMARK GROUP, INC. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Newmark (NMRK) Chairman Stephen Merkel Sells 59,601 Shares
What Happened
- Stephen M. Merkel, Chairman of the Board and Chief Legal Officer of Newmark Group, Inc. (NMRK), disposed of 59,601 shares of Class A common stock to the company on February 25, 2026. The per-share price was $14.65, for a total transaction value of approximately $873,155. This was a sale (disposition) to the issuer as part of a company repurchase.
Key Details
- Transaction date: February 25, 2026; Filing date: February 26, 2026 (filed the next day).
- Price: $14.65 per share; Shares sold: 59,601; Total value: ~$873,155.
- Transaction type: Disposition to issuer (company repurchase) — exempt under Rule 16b-3.
- Notable footnotes: The repurchase was approved by the Audit Committee and Compensation Committee under the company’s buyback authorization (Footnote F1). Footnotes also note some holdings are in trusts for family members (F2) and in the reporting person's 401(k) account as of Jan 30, 2026 (F3).
- Shares owned after the transaction: Not specified in the filing.
Context
- This was a sale back to the company under its authorized buyback program (not an open-market sale). Such repurchases are typically routine corporate actions and do not, by themselves, indicate management’s future view of the stock. The filing appears timely, submitted one day after the transaction.
Insider Transaction Report
Form 4
MERKEL STEPHEN M
DirectorChairman of the Board & CLO
Transactions
- Disposition to Issuer
Class A Common Stock, par value $0.01 per share
[F1]2026-02-25$14.65/sh−59,601$873,155→ 0 total
Holdings
- 2,901(indirect: By Trust)
Class A Common Stock, par value $0.01 per share
[F2] - 11,506(indirect: By 401(k))
Class A Common Stock, par value $0.01 per share
[F3]
Footnotes (3)
- [F1]On February 25, 2026, Newmark Group, Inc. (the "Company") repurchased an aggregate of 59,601 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 February 25, 2026. The transaction was approved by the Audit Committee and Compensation Committee of the Company pursuant to the Company's stock buyback authorization and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
- [F2]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.
- [F3]Represents shares of Class A Common Stock held in the reporting person's 401(k) account as of January 30, 2026.
Signature
/s/ Stephen M. Merkel|2026-02-26