BGC CEO Jean-Pierre Aubin Sells 373,191 Shares in Buyback

What Happened
Jean-Pierre Aubin, Chief Executive Officer of BGC Group, Inc. (BGC), disposed of 373,191 shares of Class A common stock on August 28, 2026. The shares were repurchased by the company at $12.12 per share for a total of $4,523,075. This was a sale back to the issuer under BGC’s existing buyback authorization (not an open-market sale).

Key Details

• Transaction date and price: August 28, 2026 — 373,191 shares at $12.12/share; total $4,523,075.
• Filing: Form 4 filed August 31, 2026 reporting the August 28 transaction. (No indication in the form that filing was late.)
• Shares owned after transaction: 207,999 shares held directly plus 874,072 restricted stock units (RSUs) representing contingent rights to receive shares — total beneficial interest ≈ 1,082,071 shares.
• Notable footnotes: Repurchase was approved by the Audit and Compensation Committees and is exempt under Rule 16b-3. The per-share price was the Nasdaq closing price on Aug 28, 2026.

Context

• This was a company repurchase of the insider’s shares (disposition to the issuer), not an open-market sale. Such repurchases are routine when done under an authorized buyback and approved by the board/committees.
• RSU detail (summary): 874,072 RSUs remain outstanding with multiple vesting schedules and conditions, including annual vesting tranches (e.g., 29,368 RSUs on March 15 of 2027–2029, other tranches through 2033), revenue-based quarterly vesting conditions for certain RSUs, and post-termination vesting for a portion. These RSUs are contingent on continued service and, for some tranches, company revenue thresholds.

No conclusions about insider intent should be drawn from a single repurchase; this report documents a company-authorized buyback of shares previously held by the CEO.