Newmark (NMRK) Director Jay Itzkowitz Receives RSU Award

What Happened
Jay Itzkowitz, a director of Newmark Group, Inc. (NMRK), was granted 3,524 restricted stock units (RSUs) on 2026-09-16. The RSUs were reported as an award (code A) at an acquisition price of $0.00 — a typical equity grant for board compensation. Each RSU represents the contingent right to receive one share of Class A common stock upon vesting.

Key Details

• Transaction date: 2026-09-16; filing date: 2026-09-17 (timely). Transaction code: A (award/grant).
• Grant: 3,524 RSUs at $0.00. Vesting: 1,762 RSUs vest on 2027-09-16 and 1,762 RSUs vest on 2028-09-16, subject to continued board service.
• Prior unvested RSUs included in the filing: 1,678 RSUs (granted 2024-10-17, vest 2026-10-17) and 2,856 RSUs (granted 2025-12-30; 1,428 vest 2026-12-30 and 1,428 vest 2027-12-30).
• Shares currently held: 38,754 shares held directly (per filing). After this grant, he beneficially owns 3,524 additional RSUs; combined with prior RSUs (4,534) this equals 8,058 unvested RSUs and 38,754 direct shares — 46,812 total shares/RSUs subject to vesting and ownership rules.
• No indication of a sale or purchase; this is a compensation award, not a market purchase or disposal.

Context
RSUs are unvested awards that convert to actual shares only if vesting conditions are met (here, continued board service). Awards like this are routine for non-employee directors and do not by themselves indicate buying or selling intent in the open market.