MERKEL STEPHEN M 4

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.