ABULARRAGE JOHN J. 4

What Happened

• John J. Abularrage, CEO of BGC Group, received a grant of 164,890 restricted stock units (RSUs) effective April 1, 2025 (transaction code A). Under the grant, 32,978 of those RSUs vested on March 15, 2026; additional previously granted RSUs also vested so that a total of 75,071 RSUs became issuable on March 15, 2026.
• To satisfy tax withholding on the March 15, 2026 vesting (transaction code F), the company withheld 41,516 shares of Class A common stock at an effective price of $9.57 per share, equal to ~$397,308. The remaining 33,555 shares from the vested batch were issued to Mr. Abularrage. After the transaction he directly holds 147,702 shares of Class A common stock.

Key Details

• Grant date: April 1, 2025 — 164,890 RSUs granted (subject to vesting and a revenue contingency for quarter-level vesting).
• Vesting/withholding: March 15, 2026 — 75,071 RSUs vested; 41,516 shares withheld at $9.57/share for taxes (≈ $397,308); 33,555 shares delivered to the insider.
• Shares held after transaction: 147,702 shares held directly.
• Outstanding unvested RSUs: 333,643 RSUs remain unvested, with scheduled vesting of 172,543 on 3/15/2027; 64,062 on 3/15/2028; 64,060 on 3/15/2029; and 32,978 on 3/15/2030 (subject to continued service and revenue conditions).
• Filing timing: The April 1, 2025 grant was included in this Form 4 filed on March 16, 2026 (the grant report appears late); the March 15, 2026 vesting/withholding was reported promptly (filed next day).

Context

• RSUs are awards that convert to shares on vesting. The withholding here is a routine tax-related withholding (company retained shares to cover the taxes) and is not a market sale of shares for investment purposes.
• Transaction codes: A = Award/Grant; F = Payment of exercise price or tax liability (share withholding).
• These entries describe compensation and tax withholding; they do not by themselves indicate the CEO is buying or selling stock for investment reasons.