Newmark (NMRK) CEO Barry M. Gosin Sells 3.57M Shares in Buyback

What Happened

• Barry M. Gosin, CEO of Newmark Group, Inc. (NMRK), disposed of 3,571,183 shares of Class A common stock to the company on August 17, 2026. The repurchase price was $15.13 per share, for a total of $54,031,999. The transaction is reported as a disposition to the issuer (code D).

Key Details

• Transaction date and price: August 17, 2026 — 3,571,183 shares at $15.13 per share (closing Nasdaq price that day).
• Total value: $54,031,999.
• Transaction type: Company repurchased the shares (internal buyback), approved by the Audit Committee and Compensation Committee; exempt under Rule 16b-3.
• Ownership reporting: Form 4 corrects a prior omission of 300,000 shares that were inadvertently left out of earlier filings; the report notes it does not include certain non-exchangeable partnership units without exchange rights.
• Filing timeliness: Reported on the same date (Aug 17, 2026); not indicated as late.

Context

• This was a disposition to the issuer (company buyback), not an open-market sale to a third party. Such repurchases are often part of approved buyback programs and do not by themselves indicate management sentiment about the stock price. The filing is corrective about previously omitted holdings but does not provide a post-transaction total share count on the Form 4.