ALVARADO LUIS 4
4 · NEWMARK GROUP, INC. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Newmark (NMRK) COO Luis Alvarado Withholds 1,543 Shares for Taxes
What Happened
Luis Alvarado, Chief Operating Officer of Newmark Group, Inc. (NMRK), had 3,887 restricted stock units (RSUs) vest on March 15, 2026. To satisfy tax withholding obligations, the company withheld 1,543 shares (disposition) at an effective price of $14.19 per share, totaling approximately $21,895. The remaining 2,344 shares from the vesting were issued to him.
Key Details
- Transaction date: March 15, 2026; filing date: March 16, 2026 (timely filing).
- Withheld/disposed: 1,543 shares at $14.19 = $21,895 (transaction code F: tax withholding).
- Shares issued to insider from vesting: 2,344 shares.
- Shares owned after transaction: 16,447 shares of Class A common stock directly; plus 7,917 shares held as restricted stock awards that vest ratably on Sept 1 of 2026, 2027, and 2028 (subject to continued service).
- Footnotes: F1 describes the RSU vesting and withholding; F2 details current holdings and outstanding restricted awards.
Context
This was a routine tax-withholding action tied to RSU vesting, not an open-market sale or purchase. RSUs represent a contingent right to receive shares upon vesting; withholding shares to cover taxes is common and does not by itself signal bullish or bearish insider sentiment.
Insider Transaction Report
- Tax Payment
Class A Common Stock, par value $0.01 per share
[F1][F2]2026-03-15$14.19/sh−1,543$21,895→ 24,365 total
Footnotes (2)
- [F1]On March 15, 2026, pursuant to the vesting schedule of the restricted stock units ("RSUs") previously granted to the reporting person, which each represent a contingent right to receive one share of Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of Newmark Group, Inc. (the "Company"), 3,887 RSUs became vested and issuable as shares of Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 1,543 shares of Class A Common Stock for taxes. The remaining 2,344 shares of Class A Common Stock were issued to the reporting person.
- [F2]Consists of (i) 16,447 shares of Class A Common Stock held directly after the vesting and withholding described in Footnote 1, and (ii) 7,917 shares of Class A Common Stock received as restricted stock awards that will vest ratably on each of September 1, 2026, 2027, and 2028, provided that the reporting person is still providing substantial services for the Company or any of its affiliates through the applicable vesting date.