BGC
BGC Group, Inc.Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-04-01 | MERKEL STEPHEN M |
Director, Chairman of the Board & GC |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2026, BGC Group, Inc. (the "Company") granted the reporting person 77,882 restricted stock units ("RSUs") under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). The RSUs shall vest ratably on each of the first (1st) through fifth (5th) anniversaries of April 1, 2026, provided that the reporting person is substantially providing services to the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company, inclusive of its affiliates, generating at least $5 million in revenue for the quarter in which the vesting occurs. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. |
Class A Common Stock, par value $0.01 per share
|
77,882 |
| 2026-04-01 | ABULARRAGE JOHN J. |
Co-Chief Executive Officer |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2026, BGC Group, Inc. (the "Company") granted the reporting person 350,727 restricted stock units ("RSUs") under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). The RSUs shall vest ratably on each of the first (1st) through fifth (5th) anniversaries of April 1, 2026, provided the reporting person is substantially providing services to the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company, inclusive of its affiliates generating at least $5 million in revenue for the quarter in which the vesting occurs. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. Includes 147,702 shares of Class A Common Stock held directly. Also includes 333,643 RSUs, of which (i) 172,543 RSUs will vest on March 15, 2027, (ii) 64,062 RSUs will vest on March 15, 2028, (iii) 64,060 RSUs will vest on March 15, 2029, and (iv) 32,978 RSUs will vest on March 15, 2030, in each case provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date. |
Class A Common Stock, par value $0.01 per share
|
350,727 |
| 2026-04-01 | Hauf Jason W. |
Chief Financial Officer |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2026, BGC Group, Inc. (the "Company") granted the reporting person 42,835 restricted stock units ("RSUs") under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). The RSUs shall vest ratably one-fifth (1/5th) on each of the first (1st) through fifth (5th) anniversaries of the grant date, provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company, inclusive of its affiliates, generating at least $5 million in gross revenues for the quarter in which the vesting occurs. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. |
Class A Common Stock, par value $0.01 per share
|
42,835 |
| 2026-04-01 | MERKEL STEPHEN M |
Director, Chairman of the Board & GC |
Tax↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2026, pursuant to the vesting schedule of the RSUs previously granted to the reporting person, 29,973 RSUs became vested and issuable as Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 16,576 shares of Class A Common Stock for taxes. The remaining 13,397 shares of Class A Common Stock were issued to the reporting person. Following the vesting and withholding schedule as described in Footnote 2, includes (i) 13,397 shares of Class A Common Stock held directly, (ii) 46,262 RSUs which vest ratably on each of April 1, 2027, 2028 and 2029, provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs, and (iii) 58,200 RSUs which will vest ratably on each of April 1, 2027, 2028, 2029 and 2030, provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. |
Class A Common Stock, par value $0.01 per share
|
16,576 |
| 2026-04-01 | Windeatt Sean A |
COO and Co-CEO |
Tax↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2026, pursuant to the vesting schedule of the RSUs previously granted to the reporting person, 12,019 RSUs became vested and issuable as Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 5,649 shares of Class A Common Stock for taxes. The remaining 6,370 shares of Class A Common Stock were issued to the reporting person. Includes 6,370 shares held directly following the vesting schedule described in footnote 2. Also includes: (i) 210,037 RSUs which will vest on July 1, 2033, provided that the reporting person remains employed through such vesting date, and contingent upon the Company generating at least $5 million in revenue for the quarter in which the vesting occurs, (ii) 36,057 RSUs which will vest ratably on each of April 1, 2027, 2028 and 2029 provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs, (continued from Footnote 4) (iii) 131,053 RSUs that will vest on April 1, 2027, provided that the reporting person remains a member of and in good standing with BGC Services (Holdings) LLP through the vesting date and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs, and (iv) 73,098 RSUs that will vest on April 1, 2028, provided that the reporting person remains a member of and in good standing with BGC Services (Holdings) LLP, through the vesting date and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. |
Class A Common Stock, par value $0.01 per share
|
5,649 |
| 2026-04-01 | Hauf Jason W. |
Chief Financial Officer |
Tax↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2026, pursuant to the vesting schedule of the RSUs previously granted to the reporting person, 15,680 RSUs became vested and issuable as Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 6,320 shares of Class A Common Stock for taxes. The remaining 9,360 shares of Class A Common Stock were issued to the reporting person. Following the vesting and withholding schedule as described in Footnote 2, includes (i) 9,360 shares of Class A Common Stock held directly, (ii) 6,808 RSUs, which will vest on July 1, 2033, provided that the reporting person remains employed through such vesting date, and contingent upon the Company, inclusive of its affiliates, generating at least $5 million in revenue for the quarter in which the vesting occurs, (iii) 24,020 RSUs which vest ratably on each of April 1, 2027, 2028 and 2029, provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs, and (This footnote is a continuation of the prior footnote) (iv) 30,688 RSUs which will vest ratably on each of April 1, 2027, 2028, 2029 and 2030, provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. The RSUs were granted pursuant to the BGC Group, Inc. Long Term Incentive Plan. |
Class A Common Stock, par value $0.01 per share
|
6,320 |
| 2026-04-01 | Windeatt Sean A |
COO and Co-CEO |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2026, BGC Group, Inc. (the "Company") granted the reporting person 268,498 restricted stock units ("RSUs") under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). The RSUs shall vest on April 1, 2029, provided that the reporting person remains a member of and in good standing with BGC Services (Holdings) LLP, a wholly owned subsidiary of the Company, through the vesting date and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. |
Class A Common Stock, par value $0.01 per share
|
268,498 |
| 2026-04-01 | AUBIN JEAN-PIERRE |
Co-Chief Executive Officer |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2026, BGC Group, Inc. (the "Company") granted the reporting person 269,557 restricted stock units ("RSUs") under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). The RSUs shall vest ratably on each of the first (1st) through fifth (5th) anniversaries of April 1, 2026, provided that the reporting person is substantially providing services to the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company, inclusive of its affiliates, generating at least $5 million in revenue for the quarter in which the vesting occurs. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. Includes 581,190 shares of Class A Common Stock held directly. Also includes 604,515 RSUs, of which (i) 29,368 RSUs will vest on each of March 15, 2027, 2028 and 2029, (ii) 15,688 will vest on March 15, 2030, (iii) 349,158 RSUs will vest on July 1, 2033, in each case provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and (iv) 151,565 RSUs will vest ratably over a period of four (4) years following the termination of the reporting person's employment with the Company. |
Class A Common Stock, par value $0.01 per share
|
269,557 |
| 2026-03-15 | ABULARRAGE JOHN J. |
Co-Chief Executive Officer |
Tax↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On March 15, 2026, pursuant to the vesting schedule of the RSUs previously granted to the reporting person, 75,071 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 41,516 shares of Class A Common Stock for taxes. The remaining 33,555 shares of Class A Common Stock were issued to the reporting person. Consists of 147,702 shares of Class A Common Stock held directly after the vesting and withholding described in Footnote 1. Also consists of 333,643 RSUs, of which (i) 172,543 RSUs will vest on March 15, 2027, (ii) 64,062 RSUs will vest on March 15, 2028 (iii) 64,060 RSUs will vest on March 15, 2029, and (iv) 32,978 RSUs will vest on March 15, 2030, in each case provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date. |
Class A Common Stock, par value $0.01 per share
|
41,516 |
| 2026-03-15 | AUBIN JEAN-PIERRE |
Co-Chief Executive Officer |
Tax↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On March 15, 2026, pursuant to the vesting schedule of the RSUs previously granted to the reporting person, 29,368 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 14,392 shares of Class A Common Stock for taxes. The remaining 14,976 shares of Class A Common Stock were issued to the reporting person. Consists of 581,190 shares of Class A Common Stock held directly after the vesting and withholding described in Footnote 1. Also consists of 604,515 RSUs, of which (i) 29,368 RSUs will vest on each of March 15, 2027, 2028 and 2029, (ii) 15,688 will vest on March 15, 2030, (iii) 349,158 RSUs will vest on July 1, 2033, in each case provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and (iv) 151,565 RSUs will vest ratably over a period of four (4) years following the termination of the reporting person's employment with the Company. |
Class A Common Stock, par value $0.01 per share
|
14,392 |
| 2026-03-05 | AUBIN JEAN-PIERRE |
Co-Chief Executive Officer |
Sell↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
Represents a sale of 10,000 shares of BGC Group, Inc. (the "Company") Class A common stock, par value $0.01 per share ("Common Stock"), into the market by the reporting person, primarily for a personal real estate transaction. The sale price per share of $9.55 represents the weighted average share price of an aggregate total of 10,000 shares sold in the price range of $9.52 to $9.58. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price. Includes 566,214 shares of Common Stock held directly and 555,427 restricted stock units ("RSUs") of the Company, which each represent a contingent right to receive one share of the Company's Common Stock, granted under the Company's Long Term Incentive Plan. Of the 555,427 RSUs, (i) 13,676 RSUs will vest each of March 15, 2026, 2027, 2028 and 2029, (ii) 349,158 RSUs will vest on July 1, 2033, in each case provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and (iii) 151,565 RSUs will vest ratably over a period of four (4) years following the termination of the reporting person's employment with the Company. |
Class A Common Stock, par value $0.01 per share
|
10,000 |
| 2026-01-22 | Windeatt Sean A |
COO and Co-CEO |
Other↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On January 22, 2026, BGC Group, Inc. (the "Company") repurchased an aggregate of 246,360 shares of the Company's Class A common stock, par value $0.01 per share ("Class A Common Stock"), from the reporting person. The sale price was the closing price per share of a share of the Class A Common Stock on the Nasdaq Global Select Market on January 22, 2026. The transaction was approved by the Audit Committee and Compensation Committee of the Board of Directors of the Company and was made pursuant to the Company's existing stock repurchase authorization and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. Includes restricted stock units that each represent a contingent right to receive one share of Class A Common Stock ("RSUs") which were previously granted to the reporting person under the BGC Group, Inc. Long Term Incentive Plan., consisting of: (i) 210,037 RSUs which will vest on July 1, 2033, provided that the reporting person remains employed through such vesting date, and contingent upon the Company generating at least $5 million in revenue for the quarter in which the vesting occurs, (ii) 48,076 RSUs which will vest ratably on each of April 1, 2026, 2027, 2028 and 2029 provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs, (continued from Footnote 2) (iii) 131,053 RSU-LLPs that will vest on April 1, 2027, provided that the reporting person remains a member of and in good standing with BGC Services (Holdings) LLP, a wholly-owned subsidiary of the Company, through the vesting date and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs, and (iv) 73,098 RSUs that will vest on April 1, 2028, provided that the reporting person remains a member of and in good standing with BGC Services (Holdings) LLP, through the vesting date and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. |
Class A Common Stock, par value $0.01 per share
|
246,360 |
| 2025-11-12 | Bell Linda A |
Director |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
The 5,447 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock") of BGC Group, Inc. (the "Issuer") are represented by 5,447 restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 5,447 RSUs, 2,723 will vest on November 12, 2026, and 2,724 will vest on November 12, 2027, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. Includes 29,137 shares held directly. Also includes 6,460 RSUs granted pursuant to the BGC Group, Inc. Long Term Incentive Plan, of which (i) 3,937 RSUs will vest on November 14, 2025, and (ii) 2,523 RSUs will vest on September 16, 2026, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. |
Class A Common Stock, par value $0.01 per share
|
5,447 |
| 2025-11-12 | Addas William Dean |
Director |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
The 5,447 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock") of BGC Group, Inc. (the "Issuer") are represented by 5,447 restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 5,447 RSUs, 2,723 will vest on November 12, 2026, and 2,724 will vest on November 12, 2027, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. Includes 20,745 shares held directly. Also includes 6,460 RSUs granted pursuant to the BGC Group, Inc. Long Term Incentive Plan, of which (i) 3,937 RSUs will vest on November 14, 2025, and (ii) 2,523 RSUs will vest on September 16, 2026, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. |
Class A Common Stock, par value $0.01 per share
|
5,447 |
| 2025-11-12 | Richards David |
Director |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
The 5,447 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock") of BGC Group, Inc. (the "Issuer") are represented by 5,447 restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 5,447 RSUs, 2,723 will vest on November 12, 2026, and 2,724 will vest on November 12, 2027, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. Includes 13,092 shares held directly. Also includes 6,460 RSUs granted pursuant to the BGC Group, Inc. Long Term Incentive Plan, of which (i) 3,937 RSUs will vest on November 14, 2025, and (ii) 2,523 RSUs will vest on September 16, 2026, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Company on such dates. |
Class A Common Stock, par value $0.01 per share
|
5,447 |
| 2025-11-12 | MBANEFO ARTHUR U |
Director |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
The 5,447 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock") of BGC Group, Inc. (the "Issuer") are represented by 5,447 restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 5,447 RSUs, 2,723 will vest on November 12, 2026, and 2,724 will vest on November 12, 2027, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. Includes 12,849 shares held directly. Also includes 6,460 RSUs granted pursuant to the BGC Group, Inc. Long Term Incentive Plan, of which (i) 3,937 RSUs will vest on November 14, 2025, and (ii) 2,523 RSUs will vest on September 16, 2026, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. |
Class A Common Stock, par value $0.01 per share
|
5,447 |
| 2025-10-06 | CF GROUP MANAGEMENT INC |
Director, 10% Owner |
Buy↑
Filing footnotes — Class B Common Stock, par value $0.01 per share (Indirect)
On October 6, 2025, Cantor Fitzgerald, L.P. ("CFLP") closed the purchase of 8,973,721 shares of BGC Group, Inc. (the "Company") Class B common stock, par value $0.01 per share ("Class B Common Stock"), from Howard W. Lutnick. The price per share for the sale was $9.2082 (equal to the 3-day volume weighted average price of the Company's Class A common stock, par value $0.01 per share ("Class A Common Stock"), on the Nasdaq Global Select Market on May 14, May 15 and May 16, 2025), reduced by $0.032 per share, which is equal to the amount of the after-tax portion of the (i) dividends declared on such shares of Class B Common Stock but unpaid and with record dates between May 16, 2025 and the transaction date that are payable to Howard W. Lutnick, and (ii) dividends paid on such shares of Class B Common Stock to Howard W. Lutnick between May 16, 2025 and the transaction date. The shares of Class B Common Stock are convertible at any time on a one-for-one basis (subject to adjustment) into shares of Class A Common Stock. CF Group Management, Inc. ("CFGM") is the Managing General Partner of CFLP. CFGM disclaims beneficial ownership of all securities held by CFLP in excess of its pecuniary interest, if any, and this report shall not be deemed an admission that CFGM is the beneficial owner of, or has pecuniary interest in, any such excess securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
Class B Common Stock, par value $0.01 per share
(I)
|
8,973,721 |
| 2025-10-06 | Lutnick Brandon |
Director, 10% Owner |
Buy↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Indirect)
On October 6, 2025, in a transaction effective concurrently with the transaction described in footnote (1), the reporting person, through trusts for which he is trustee with decision making control, closed the purchase of all of the outstanding equity interests in KBCR Management Partners, LLC ("KBCR") and Tangible Benefits, LLC ("Tangible Benefits"), from Howard W. Lutnick, in Howard W. Lutnick's capacity as trustee of certain trusts. The reporting person had previously reported beneficial ownership of the 2,335,967 shares of Class B Common Stock and the 600,938 shares of Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of the Company held by KBCR, and the 1,610,182 shares of Class B Common Stock held by Tangible Benefits because of the reporting person's position as the manager of each of these entities. The aggregate purchase price of the equity interests of KBCR and Tangible Benefits was $13,096,795.70. Consists of 1,978,568 shares of Class A Common Stock held indirectly, consisting of (i) 600,938 shares of Class A Common Stock held by KBCR, (ii) 50,240 shares of Class A Common Stock held by LFA, (iii) 796,850 shares of Class A Common Stock held by various trust accounts for the benefit of the descendants of Mr. Howard W. Lutnick and his immediate family, and (iv) 530,540 shares of Class A Common Stock held by various other trust accounts for the benefit of Mr. Howard W. Lutnick's immediate family. CFGM is the Managing General Partner of CFLP and KBCR is a non-managing General Partner of CFLP. Securities held by CFGM and CFLP are included on this report because the reporting person is the Chairman and Chief Executive Officer and also the trustee with decision making control of trusts that hold all of the voting shares of CFGM. Securities held by KBCR, Tangible Benefits, and LFA are included on this report because of the reporting person's position as the manager of each entity and through the reporting person's control of KBCR and Tangible Benefits as trustee with decision making control of trusts which hold all of the issued and outstanding equity interests of KBCR and Tangible Benefits. (Continued from Footnote 7) Securities held by the trusts described in this report are included on this report because (i) the beneficiaries of such trusts include the reporting person and/or members of his immediate family, and (ii) of the reporting person's position as trustee with decision making control. The reporting person disclaims beneficial ownership of all securities held by CFGM, CFLP, KBCR, Tangible Benefits, and LFA in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
Class A Common Stock, par value $0.01 per share
(I)
|
600,938 |
| 2025-10-06 | Lutnick Brandon |
Director, 10% Owner |
Buy↑
Filing footnotes — Class B Common Stock, par value $0.01 per share (Indirect)
On October 6, 2025, in a transaction effective immediately after the transaction described in footnote (1), CFLP closed the purchase of 8,973,721 shares of Class B Common Stock from Howard W. Lutnick. The price per share for the purchase was $9.2082 (equal to the 3-day volume weighted average price of the Company's Class B Common Stock on the Nasdaq Global Select Market on May 14, May 15 and May 16, 2025), reduced by $0.032 per share, which is equal to the amount of the after-tax portion of the (i) dividends declared on such shares of Class A Common Stock but unpaid and with record dates between May 16, 2025 and the transaction date that are payable to Howard W. Lutnick and (ii) dividends paid on such shares of Class B Common Stock to Howard W. Lutnick between May 16, 2025 and the transaction date. On October 6, 2025, the reporting person, through trusts for which he is trustee with decision making control, closed the purchase of all of the voting shares of CF Group Management, Inc. ("CFGM"), which is the Managing General Partner of Cantor Fitzgerald, L.P. ("CFLP"), from Howard W. Lutnick, in Howard W. Lutnick's capacity as trustee of certain trusts. Following the close of the transaction, the reporting person has beneficial ownership of the 93,340,477 shares of Class B Common Stock, par value $0.01 per share ("Class B Common Stock"), of BGC Group, Inc. (the "Company") held by CFLP and the 2,972,524 shares of Class B Common Stock held by CFGM. The aggregate purchase price of the voting shares of CFGM was $200,000. On October 6, 2025, in a transaction effective concurrently with the transaction described in footnote (1), the reporting person, through trusts for which he is trustee with decision making control, closed the purchase of all of the outstanding equity interests in KBCR Management Partners, LLC ("KBCR") and Tangible Benefits, LLC ("Tangible Benefits"), from Howard W. Lutnick, in Howard W. Lutnick's capacity as trustee of certain trusts. The reporting person had previously reported beneficial ownership of the 2,335,967 shares of Class B Common Stock and the 600,938 shares of Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of the Company held by KBCR, and the 1,610,182 shares of Class B Common Stock held by Tangible Benefits because of the reporting person's position as the manager of each of these entities. The aggregate purchase price of the equity interests of KBCR and Tangible Benefits was $13,096,795.70. The reporting person also has indirect beneficial ownership of 173,035 shares of Class B Common Stock held by LFA, LLC ("LFA"). The shares of Class B Common Stock are convertible at any time on a one-for-one basis (subject to adjustment) into shares of Class A Common Stock. CFGM is the Managing General Partner of CFLP and KBCR is a non-managing General Partner of CFLP. Securities held by CFGM and CFLP are included on this report because the reporting person is the Chairman and Chief Executive Officer and also the trustee with decision making control of trusts that hold all of the voting shares of CFGM. Securities held by KBCR, Tangible Benefits, and LFA are included on this report because of the reporting person's position as the manager of each entity and through the reporting person's control of KBCR and Tangible Benefits as trustee with decision making control of trusts which hold all of the issued and outstanding equity interests of KBCR and Tangible Benefits. (Continued from Footnote 7) Securities held by the trusts described in this report are included on this report because (i) the beneficiaries of such trusts include the reporting person and/or members of his immediate family, and (ii) of the reporting person's position as trustee with decision making control. The reporting person disclaims beneficial ownership of all securities held by CFGM, CFLP, KBCR, Tangible Benefits, and LFA in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
Class B Common Stock, par value $0.01 per share
(I)
|
8,973,721 |
| 2025-10-06 | LUTNICK HOWARD W |
Director, 10% Owner |
Other↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Indirect)
On October 6, 2025, in a transaction effective immediately after the transaction described in footnote (1), the Company repurchased an aggregate of 337,765 shares of Class A Common Stock beneficially owned by the reporting person and originating from retirement accounts, including certain shares held by his spouse, in transactions exempt pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended consisting of (i) 293,049 shares held in a Keogh retirement account, (ii) 34,921 shares held in other retirement accounts, and (iii) 9,795 shares held in retirement accounts for the reporting person's spouse. The price per share for the sale was $9.2082, which is equal to the 3-day volume weighted average price of the Company's Class A Common Stock on the Nasdaq Global Select Market on May 14, May 15 and May 16, 2025, reduced by $0.04 per share, (Continued from Footnote 3) which is equal to the amount of the after-tax portion of the (i) dividends declared on such shares of Class A Common Stock but unpaid and with record dates between May 16, 2025 and the transaction date that are payable to Howard W. Lutnick and his spouse, as applicable, and (ii) dividends paid on such shares of Class A Common Stock to the reporting person and his spouse, as applicable, between May 16, 2025 and the transaction date. The transactions were approved by the Audit Committee of the Company and were made pursuant to the Company's existing stock repurchase authorization. |
Class A Common Stock, par value $0.01 per share
(I)
|
337,765 |
| 2025-10-06 | Lutnick Brandon |
Director, 10% Owner |
Buy↑
Filing footnotes — Class B Common Stock, par value $0.01 per share (Indirect)
On October 6, 2025, in a transaction effective concurrently with the transaction described in footnote (1), the reporting person, through trusts for which he is trustee with decision making control, closed the purchase of all of the outstanding equity interests in KBCR Management Partners, LLC ("KBCR") and Tangible Benefits, LLC ("Tangible Benefits"), from Howard W. Lutnick, in Howard W. Lutnick's capacity as trustee of certain trusts. The reporting person had previously reported beneficial ownership of the 2,335,967 shares of Class B Common Stock and the 600,938 shares of Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of the Company held by KBCR, and the 1,610,182 shares of Class B Common Stock held by Tangible Benefits because of the reporting person's position as the manager of each of these entities. The aggregate purchase price of the equity interests of KBCR and Tangible Benefits was $13,096,795.70. The reporting person also has indirect beneficial ownership of 173,035 shares of Class B Common Stock held by LFA, LLC ("LFA"). The shares of Class B Common Stock are convertible at any time on a one-for-one basis (subject to adjustment) into shares of Class A Common Stock. CFGM is the Managing General Partner of CFLP and KBCR is a non-managing General Partner of CFLP. Securities held by CFGM and CFLP are included on this report because the reporting person is the Chairman and Chief Executive Officer and also the trustee with decision making control of trusts that hold all of the voting shares of CFGM. Securities held by KBCR, Tangible Benefits, and LFA are included on this report because of the reporting person's position as the manager of each entity and through the reporting person's control of KBCR and Tangible Benefits as trustee with decision making control of trusts which hold all of the issued and outstanding equity interests of KBCR and Tangible Benefits. (Continued from Footnote 7) Securities held by the trusts described in this report are included on this report because (i) the beneficiaries of such trusts include the reporting person and/or members of his immediate family, and (ii) of the reporting person's position as trustee with decision making control. The reporting person disclaims beneficial ownership of all securities held by CFGM, CFLP, KBCR, Tangible Benefits, and LFA in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
Class B Common Stock, par value $0.01 per share
(I)
|
3,946,149 |
| 2025-10-06 | LUTNICK HOWARD W |
Director, 10% Owner |
Sell↓
Filing footnotes — Class B Common Stock, par value $0.01 per share (Direct)
On October 6, 2025, in a transaction effective immediately after the transaction described in footnote (1), the reporting person closed the sale of 8,973,721 shares of Class B Common Stock held directly by the reporting person to CFLP. The price per share for the sale was $9.2082, which is equal to the 3-day volume weighted average price of the Company's Class A Common Stock on the Nasdaq Global Select Market on May 14, May 15 and May 16, 2025, reduced by $0.032 per share, which is equal to the amount of the after-tax portion of the (i) dividends declared on such shares of Class B Common Stock but unpaid and with record dates between May 16, 2025 and the transaction date that are payable to the reporting person and (ii) dividends paid on such shares of Class B Common Stock to the reporting person between May 16, 2025 and the transaction date. The shares of Class B Common Stock are convertible at any time on a one-for-one basis (subject to adjustment) into shares of Class A Common Stock. |
Class B Common Stock, par value $0.01 per share
|
8,973,721 |
| 2025-10-06 | Lutnick Brandon |
Director, 10% Owner |
Buy↑
Filing footnotes — Class B Common Stock, par value $0.01 per share (Indirect)
On October 6, 2025, the reporting person, through trusts for which he is trustee with decision making control, closed the purchase of all of the voting shares of CF Group Management, Inc. ("CFGM"), which is the Managing General Partner of Cantor Fitzgerald, L.P. ("CFLP"), from Howard W. Lutnick, in Howard W. Lutnick's capacity as trustee of certain trusts. Following the close of the transaction, the reporting person has beneficial ownership of the 93,340,477 shares of Class B Common Stock, par value $0.01 per share ("Class B Common Stock"), of BGC Group, Inc. (the "Company") held by CFLP and the 2,972,524 shares of Class B Common Stock held by CFGM. The aggregate purchase price of the voting shares of CFGM was $200,000. The reporting person also has indirect beneficial ownership of 173,035 shares of Class B Common Stock held by LFA, LLC ("LFA"). The shares of Class B Common Stock are convertible at any time on a one-for-one basis (subject to adjustment) into shares of Class A Common Stock. CFGM is the Managing General Partner of CFLP and KBCR is a non-managing General Partner of CFLP. Securities held by CFGM and CFLP are included on this report because the reporting person is the Chairman and Chief Executive Officer and also the trustee with decision making control of trusts that hold all of the voting shares of CFGM. Securities held by KBCR, Tangible Benefits, and LFA are included on this report because of the reporting person's position as the manager of each entity and through the reporting person's control of KBCR and Tangible Benefits as trustee with decision making control of trusts which hold all of the issued and outstanding equity interests of KBCR and Tangible Benefits. (Continued from Footnote 7) Securities held by the trusts described in this report are included on this report because (i) the beneficiaries of such trusts include the reporting person and/or members of his immediate family, and (ii) of the reporting person's position as trustee with decision making control. The reporting person disclaims beneficial ownership of all securities held by CFGM, CFLP, KBCR, Tangible Benefits, and LFA in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
Class B Common Stock, par value $0.01 per share
(I)
|
96,313,001 |
| 2025-10-06 | LUTNICK HOWARD W |
Director, 10% Owner |
Sell↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Indirect)
On October 6, 2025, the reporting person, in his capacity as trustee of a trust, in a transaction effective concurrently with the transaction described in footnote (1), closed the sale to certain other trusts controlled by Brandon G. Lutnick of all of the outstanding equity interests in KBCR Management Partners, LLC ("KBCR") and Tangible Benefits, LLC ("Tangible Benefits"). Following the close of the transaction, the reporting person no longer has beneficial ownership of the 2,335,967 shares of Class B Common Stock held by KBCR, 600,938 shares of Class A Common Stock, par value $0.01 per share ("Class A Common Stock"), of the Company held by KBCR, or the 1,610,182 shares of Class B Common Stock held by Tangible Benefits. The aggregate sale price of the equity interests in KBCR and Tangible Benefits was $13,096,795.70. CFGM is the Managing General Partner of CFLP and KBCR is a non-managing General Partner of CFLP. The reporting person was the sole voting member of KBCR and Tangible Benefits, through trusts, prior to the transactions described in footnote (2). The reporting person disclaims beneficial ownership of all securities held by CFLP, CFGM, KBCR, and Tangible Benefits in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he was the beneficial owner of, or had pecuniary interest in, any such excess securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
Class A Common Stock, par value $0.01 per share
(I)
|
600,939 |
| 2025-10-06 | CANTOR FITZGERALD, L. P. |
Director, 10% Owner |
Buy↑
Filing footnotes — Class B Common Stock, par value $0.01 per share (Direct)
On October 6, 2025, Cantor Fitzgerald, L.P. closed the purchase of 8,973,721 shares of BGC Group, Inc. (the "Company") Class B common stock, par value $0.01 per share ("Class B Common Stock"), from Howard W. Lutnick. The price per share for the sale was $9.2082 (equal to the 3-day volume weighted average price of the Company's Class A common stock, par value $0.01 per share ("Class A Common Stock"), on the Nasdaq Global Select Market on May 14, May 15 and May 16, 2025), reduced by $0.032 per share, which is equal to the amount of the after-tax portion of the (i) dividends declared on such shares of Class B Common Stock but unpaid and with record dates between May 16, 2025 and the transaction date that are payable to Howard W. Lutnick, and (ii) dividends paid on such shares of Class B Common Stock to Howard W. Lutnick between May 16, 2025 and the transaction date. The shares of Class B Common Stock are convertible at any time on a one-for-one basis (subject to adjustment) into shares of Class A Common Stock. |
Class B Common Stock, par value $0.01 per share
|
8,973,721 |
| 2025-10-06 | LUTNICK HOWARD W |
Director, 10% Owner |
Sell↓
Filing footnotes — Class B Common Stock, par value $0.01 per share (Indirect)
On October 6, 2025, the reporting person, in his capacity as trustee of a trust, in a transaction effective concurrently with the transaction described in footnote (1), closed the sale to certain other trusts controlled by Brandon G. Lutnick of all of the outstanding equity interests in KBCR Management Partners, LLC ("KBCR") and Tangible Benefits, LLC ("Tangible Benefits"). Following the close of the transaction, the reporting person no longer has beneficial ownership of the 2,335,967 shares of Class B Common Stock held by KBCR, 600,938 shares of Class A Common Stock, par value $0.01 per share ("Class A Common Stock"), of the Company held by KBCR, or the 1,610,182 shares of Class B Common Stock held by Tangible Benefits. The aggregate sale price of the equity interests in KBCR and Tangible Benefits was $13,096,795.70. The shares of Class B Common Stock are convertible at any time on a one-for-one basis (subject to adjustment) into shares of Class A Common Stock. CFGM is the Managing General Partner of CFLP and KBCR is a non-managing General Partner of CFLP. The reporting person was the sole voting member of KBCR and Tangible Benefits, through trusts, prior to the transactions described in footnote (2). The reporting person disclaims beneficial ownership of all securities held by CFLP, CFGM, KBCR, and Tangible Benefits in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he was the beneficial owner of, or had pecuniary interest in, any such excess securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
Class B Common Stock, par value $0.01 per share
(I)
|
3,946,149 |
| 2025-10-06 | LUTNICK HOWARD W |
Director, 10% Owner |
Sell↓
Filing footnotes — Class B Common Stock, par value $0.01 per share (Indirect)
On October 6, 2025, the reporting person, in his capacity as trustee of a trust, closed the sale to trusts controlled by Brandon G. Lutnick of all of the voting shares of CF Group Management, Inc. ("CFGM"), which is the Managing General Partner of Cantor Fitzgerald, L.P. ("CFLP"). Following the close of the transaction, the reporting person no longer has beneficial ownership of the 93,340,477 shares of Class B Common Stock, par value $0.01 per share ("Class B Common Stock"), of BGC Group, Inc. (the "Company") held by CFLP or the 2,972,524 shares of Class B Common Stock held by CFGM. The aggregate sale price of the voting shares of CFGM was $200,000. The shares of Class B Common Stock are convertible at any time on a one-for-one basis (subject to adjustment) into shares of Class A Common Stock. CFGM is the Managing General Partner of CFLP and KBCR is a non-managing General Partner of CFLP. The reporting person was the sole voting member of KBCR and Tangible Benefits, through trusts, prior to the transactions described in footnote (2). The reporting person disclaims beneficial ownership of all securities held by CFLP, CFGM, KBCR, and Tangible Benefits in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he was the beneficial owner of, or had pecuniary interest in, any such excess securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
Class B Common Stock, par value $0.01 per share
(I)
|
96,313,001 |
| 2025-10-03 | MERKEL STEPHEN M |
Director, Chairman of the Board & GC |
Other↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On October 3, 2025, BGC Group, Inc. (the "Company") repurchased an aggregate of 16,511 shares of its Class A common stock, par value $0.01 per share ("Class A Common Stock"), from the reporting person. The sale price per share was the closing price per share of a share of the Class A Common Stock on the Nasdaq Global Select Market on October 3, 2025. The transaction was approved by the Audit Committee of the Company and was pursuant to its stock buyback authorization. Includes restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock, consisting of: (i) 61,684 RSUs which vest ratably on each of April 1, 2026, 2027, 2028 and 2029, and (ii) 72,751 RSUs which vest ratably on each of April 1, 2026, 2027, 2028, 2029 and 2030, in each case provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. |
Class A Common Stock, par value $0.01 per share
|
16,511 |
| 2025-08-21 | Hauf Jason W. |
Chief Financial Officer |
Sell↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
Represents a sale of 29,023 shares of BGC Group, Inc. Class A common stock, par value $0.01 per share ("Class A Common Stock"), by the reporting person. The sale price per share of $9.86 represents the weighted average share price of an aggregate total of 29,023 shares sold in the price range of $9.82 to $9.92. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price. Includes (i) 6,808 restricted stock units ("RSUs") which will vest on July 1, 2033, provided that the reporting person remains employed through such vesting date, and contingent upon the Company, inclusive of its affiliates, generating at least $5 million in revenue for the quarter in which the vesting occurs, (ii) 32,028 RSUs which vest ratably on each of April 1, 2026, 2027, 2028 and 2029, provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs, and (iii) 38,360 RSUs which will vest ratably on each of April 1, 2026, 2027, 2028, 2029 and 2030, provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least (continued from Footnote 2) $5 million in gross revenues for the quarter in which the vesting occurs. The RSUs were granted pursuant to the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. |
Class A Common Stock, par value $0.01 per share
|
29,023 |
| 2025-07-30 | Hauf Jason W. |
Chief Financial Officer |
Tax↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On July 30, 2025, BGC Group, Inc. (the "Company") accelerated the vesting of 37,092 restricted stock units ("RSUs"), which each represented a contingent right to receive one share of the Company's Class A common stock, par value $0.01 per share ("Class A Common Stock"), granted under the Company's Long Term Incentive Plan, previously held by the reporting person into an equal number of shares of the Company's Class A Common Stock. The reported transaction involved the withholding by the Company of 12,849 shares of Class A Common Stock for taxes. The remaining 24,243 shares of Class A Common Stock were issued to the reporting person. The acceleration of the vesting of the RSUs was approved by the Compensation Committee of the Board of Directors of the Company, as was the withholding of shares upon such vesting, which is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. Also includes (i) 6,808 previously granted RSUs which will vest on July 1, 2033, provided that the reporting person remains employed through such vesting date, and contingent upon the Company, inclusive of its affiliates, generating at least $5 million in revenue for the quarter in which the vesting occurs, (ii) 32,028 RSUs which vest ratably on each of April 1, 2026, 2027, 2028 and 2029, provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs, (iii) 38,360 RSUs which will vest ratably on each of April 1, 2026, 2027, 2028, 2029 and 2030, provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least (continued from Footnote 2) $5 million in gross revenues for the quarter in which the vesting occurs, and (iv) 4,780 shares of Class A Common Stock held directly. |
Class A Common Stock, par value $0.01 per share
|
12,849 |
| 2025-06-10 | MBANEFO ARTHUR U |
Director |
Other↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On June 10, 2025, BGC Group, Inc. (the "Company") repurchased an aggregate of 12,205 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock"), from the reporting person. The sale price per share was the closing price per share of a share of the Class A Common Stock on the Nasdaq Global Select on June 10, 2025. The transaction was approved by the Audit Committee of the Company and was pursuant to its stock buyback authorization. Includes 8,983 RSUs granted pursuant to the BGC Group, Inc. Long Term Incentive Plan, of which (i) 2,523 RSUs will vest on September 16, 2025, (ii) 3,937 RSUs will vest on November 14, 2025, and (iii) 2,523 RSUs will vest on September 16, 2026, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Company on such dates. Also includes 10,326 shares of Common Stock held directly. |
Class A Common Stock, par value $0.01 per share
|
12,205 |
| 2025-06-10 | MBANEFO ARTHUR U |
Director |
Sell↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
Represents a sale of 18,151 shares of Common Stock by the reporting person. The sale price per share of $9.77 represents the weighted average share price of an aggregate total of 18,151 shares sold in the price range of $9.75 to $9.82. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price. Includes 8,983 RSUs granted pursuant to the BGC Group, Inc. Long Term Incentive Plan, of which (i) 2,523 RSUs will vest on September 16, 2025, (ii) 3,937 RSUs will vest on November 14, 2025, and (iii) 2,523 RSUs will vest on September 16, 2026, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Company on such dates. Also includes 10,326 shares of Common Stock held directly. |
Class A Common Stock, par value $0.01 per share
|
18,151 |
| 2025-05-16 | LUTNICK HOWARD W |
Director, 10% Owner |
Other↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On May 16, 2025, BGC Group, Inc. (the "Company") repurchased an aggregate of 16,115,102 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock"), from the reporting person, consisting of (i) 5,616,612 shares held directly by the reporting person, and (ii) 10,498,490 shares in which the reporting person has an indirect pecuniary interest, including (a) 10,489,582 shares held in his personal asset trust, of which he is the sole trustee and (b) 8,908 shares of Class A Common Stock held by the Howard W. Lutnick Family Trust, of which he is sole trustee, to the Company in transactions exempt pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The sale price per share was the three-day volume weighted average price of a share of the Class A Common Stock on the Nasdaq Global Select Market on May 14, May 15, and May 16, 2025. (Continued from Footnote 1) The transactions were approved by the Audit Committee of the Company and were made pursuant to the Company's existing stock repurchase authorization. As previously reported, the reporting person stepped down from his positions with the Company, including as a director, but solely for purposes of Section 16 of the Exchange Act may continue to be deemed a "director by deputization," until the closing of the divestiture transactions in Cantor Fitzgerald, L.P. ("CFLP"). |
Class A Common Stock, par value $0.01 per share
|
5,616,612 |
| 2025-05-16 | LUTNICK HOWARD W |
Director, 10% Owner |
Other↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Indirect)
On May 16, 2025, BGC Group, Inc. (the "Company") repurchased an aggregate of 16,115,102 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock"), from the reporting person, consisting of (i) 5,616,612 shares held directly by the reporting person, and (ii) 10,498,490 shares in which the reporting person has an indirect pecuniary interest, including (a) 10,489,582 shares held in his personal asset trust, of which he is the sole trustee and (b) 8,908 shares of Class A Common Stock held by the Howard W. Lutnick Family Trust, of which he is sole trustee, to the Company in transactions exempt pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The sale price per share was the three-day volume weighted average price of a share of the Class A Common Stock on the Nasdaq Global Select Market on May 14, May 15, and May 16, 2025. (Continued from Footnote 1) The transactions were approved by the Audit Committee of the Company and were made pursuant to the Company's existing stock repurchase authorization. As previously reported, the reporting person stepped down from his positions with the Company, including as a director, but solely for purposes of Section 16 of the Exchange Act may continue to be deemed a "director by deputization," until the closing of the divestiture transactions in Cantor Fitzgerald, L.P. ("CFLP"). The reporting person's indirect pecuniary interest in 1,559,403 shares of Class A Common Stock consists of (i) 600,938 shares held by KBCR Management Partners, LLC ("KBCR"), (ii) 293,049 held in a Keogh retirement account, (iii) 34,921 held in other retirement accounts, (iv) 9,778 shares held in retirement accounts for the reporting person's spouse, and (v) 620,717 shares of Class A Common Stock held in the reporting person's 401(k) account as May 1, 2025. As previously reported, the reporting person stepped down as the managing member of LFA LLC ("LFA") and no longer has a reportable pecuniary interest in the shares held by LFA. 5,548 shares of Class A Common Stock and 26,052 shares of Class B Common Stock, par value $0.01 per share ("Class B Common Stock"), were previously reported under the reporting person's indirect pecuniary interest in relation to LFA. The reporting person disclaims beneficial ownership of such shares. As previously reported, the reporting person and his spouse stepped down as trustees for and no longer have reportable pecuniary interests in the shares held by various family and descendant trusts. 530,540 shares of Class A Common Stock were previously reported under the reporting person's indirect pecuniary interest in relation to family trusts and 792,598 shares of Class A Common Stock were previously reported under the reporting person's indirect pecuniary interest in relation to descendant trusts. The reporting person disclaims beneficial ownership of such shares. The reporting person previously reported 20,557 shares held in custodial accounts under the Uniform Gifts to Minors Act for certain members of his family who have reached the age of majority and do not live in the reporting person's household, and are therefore no longer disclosable by the reporting person. The reporting person disclaims beneficial ownership of such shares. CFGM is the Managing General Partner of CFLP, and the reporting person is the trustee of an entity that is the sole stockholder of CFGM. KBCR is a non-managing General Partner of CFLP, and the reporting person is the sole voting member of KBCR through a trust. The reporting person is the sole voting member of Tangible Benefits through a trust. The reporting person disclaims beneficial ownership of all securities held by CFLP, CFGM, KBCR, and Tangible Benefits in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess securities for purposes of Section 16 of the Exchange Act, or for any other purpose. |
Class A Common Stock, par value $0.01 per share
(I)
|
10,498,490 |
| 2025-04-01 | Hauf Jason W. |
Chief Financial Officer |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2025, BGC Group, Inc. (the "Company") granted the reporting person 38,360 restricted stock units ("RSUs") under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Common Stock"). The RSUs shall vest ratably one-fifth (1/5th) on each of the first (1st) through fifth (5th) anniversaries of the grant date, provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. |
Class A Common Stock, par value $0.01 per share
|
38,360 |
| 2025-04-01 | Hauf Jason W. |
Chief Financial Officer |
Tax↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2025, pursuant to the vesting schedule of the RSUs previously granted to the reporting person, 8,008 RSUs became vested and issuable as Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 3,228 shares of Class A Common Stock for taxes. The remaining 4,780 shares of Class A Common Stock were issued to the reporting person. Also includes (i) 6,808 previously granted RSUs which will vest on July 1, 2033, provided that the reporting person remains employed through such vesting date, and contingent upon the Company, inclusive of its affiliates, generating at least $5 million in revenue for the quarter in which the vesting occurs, (ii) 37,092 previously granted RSUs which will vest on July 1, 2033, provided that the reporting person remains employed through such vesting date; and (iii) 32,028 RSUs which vest ratably on each of April 1, 2026, 2027, 2028 and 2029, provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. |
Class A Common Stock, par value $0.01 per share
|
3,228 |
| 2025-04-01 | Windeatt Sean A |
COO and Co-CEO |
Tax↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2025, 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 of the Company, 12,019 RSUs became vested and issuable as Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 5,649 shares of Class A Common Stock for taxes. The remaining 6,370 shares of Class A Common Stock were issued to the reporting person. Also includes (i) 239,990 shares of Class A Common Stock, (ii) 210,037 RSUs which will vest on July 1, 2033, provided that the reporting person remains employed through such vesting date, and contingent upon the Company generating at least $5 million in revenue for the quarter in which the vesting occurs, (continued from Footnote 3) (iii) 48,076 RSUs which will vest ratably on each of April 1, 2026, 2027, 2028 and 2029 provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs, and (iv) 131,053 RSU-LLPs that will vest on April 1, 2027, provided that the reporting person remains a member of and in good standing with BGC Services (Holdings) LLP through the vesting date and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. |
Class A Common Stock, par value $0.01 per share
|
5,649 |
| 2025-04-01 | MERKEL STEPHEN M |
Director, Chairman of the Board & GC |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2025, the BGC Group, Inc. (the "Company") granted the reporting person 72,751 restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). The RSUs shall vest ratably one-fifth (1/5th) on each of the first (1st) through fifth (5th) anniversaries of the grant date, provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. |
Class A Common Stock, par value $0.01 per share
|
72,751 |
| 2025-04-01 | MERKEL STEPHEN M |
Director, Chairman of the Board & GC |
Tax↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2025, pursuant to the vesting schedule of the RSUs previously granted to the reporting person, 15,422 RSUs became vested and issuable as Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 8,529 shares of Class A Common Stock for taxes. The remaining 6,893 shares of Class A Common Stock were issued to the reporting person. Also includes (i) 61,684 RSUs which vest ratably on each of April 1, 2026, 2027, 2028 and 2029, provided that the reporting person is still providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs; and (ii) 9,618 of shares of Class A Common Stock held directly. |
Class A Common Stock, par value $0.01 per share
|
8,529 |
| 2025-04-01 | ABULARRAGE JOHN J. |
Co-Chief Executive Officer |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
Effective April 1, 2025, BGC Group, Inc. (the "Company") granted the reporting person 164,890 restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). Of these RSUs, 32,978 RSUs vested on March 15, 2026, and the remainder will vest ratably one-fourth (1/4th) on each of March 15, 2027, 2028, 2029, and 2030, provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. |
Class A Common Stock, par value $0.01 per share
|
164,890 |
| 2025-04-01 | Windeatt Sean A |
COO and Co-CEO |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On April 1, 2025, BGC Group, Inc. (the "Company") granted the reporting person 73,098 restricted stock units ("RSU-LLPs") under the BGC Group, Inc. Long Term Incentive Plan. Each RSU-LLP represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). The RSU-LLPs will vest on April 1, 2028, provided that the reporting person remains a member of and in good standing with BGC Services (Holdings) LLP, a wholly owned subsidiary of the Company, through the vesting date and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. |
Class A Common Stock, par value $0.01 per share
|
73,098 |
| 2025-04-01 | AUBIN JEAN-PIERRE |
Co-Chief Executive Officer |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
Effective April 1, 2025, BGC Group, Inc. (the "Company") granted the reporting person 78,456 restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). Of these RSUs, 15,692 vested on March 15, 2026, and the remainder will vest ratably one-fourth (1/4th) on each of March 15, 2027, 2028, 2029, and 2030, provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. |
Class A Common Stock, par value $0.01 per share
|
78,456 |
| 2025-03-04 | Bell Linda A |
Director |
Other↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On March 4, 2025, the reporting person sold 12,727 shares of BGC Group, Inc. (the "Company") Class A common stock, par value $0.01 per share ("Common Stock") to the Company in an exempt transaction pursuant to Rule 16b-3. The sale price per share was the closing price of the Class A common stock on March 4, 2025. The transaction was approved by the Audit Committee of the Company and was pursuant to its stock buyback authorization. Includes 8,983 Restricted Stock Units ("RSUs") granted pursuant to the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. 3,937 RSUs will vest on November 14, 2025, 2,523 RSUs will vest on September 16, 2025, and 2,523 RSUs will vest on September 16, 2026, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. |
Class A Common Stock, par value $0.01 per share
|
12,727 |
| 2025-02-05 | LUTNICK HOWARD W |
Director, 10% Owner |
Tax↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On February 5, 2025, BGC Group, Inc. (the "Company") accelerated the vesting of 1,304,864 restricted stock units ("RSUs"), which each represented a contingent right to receive one share of the Company's Class A common stock, par value $0.01 per share ("Class A Common Stock"), granted under the Company's Long Term Incentive Plan, previously held by the reporting person into an equal number of shares of the Company's Class A Common Stock. The reported transaction involved the withholding by the Company of 721,590 shares of Class A Common Stock for taxes. The remaining 583,274 shares of Class A Common Stock were issued to the reporting person. The acceleration of the vesting of the RSUs was approved by the Compensation Committee of the Board of Directors of the Company, as was the withholding of shares upon such vesting, which is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). |
Class A Common Stock, par value $0.01 per share
|
721,590 |
| 2024-09-16 | Richards David |
Director |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
The 5,046 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock") of BGC Group, Inc. (the "Issuer") are represented by 5,046 restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 5,046 RSUs, (i) 2,523 RSUs will vest on September 16, 2025, and (ii) 2,523 RSUs will vest on September 16, 2026, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. Also includes 14,506 RSUs granted pursuant to the BGC Group, Inc. Long Term Incentive Plan, of which (i) 3,937 RSUs will vest on November 14, 2024, (ii) 6,632 RSUs will vest on December 30, 2024, and (iii) 3,937 RSUs will vest on November 14, 2025, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. |
Class A Common Stock, par value $0.01 per share
|
5,046 |
| 2024-09-16 | Bell Linda A |
Director |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
The 5,046 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock") of BGC Group, Inc. (the "Issuer") are represented by 5,046 restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 5,046 RSUs, (i) 2,523 RSUs will vest on September 16, 2025, and (ii) 2,523 RSUs will vest on September 16, 2026, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. Also includes 14,506 RSUs granted pursuant to the BGC Group, Inc. Long Term Incentive Plan, of which (i) 3,937 RSUs will vest on November 14, 2024, (ii) 6,632 RSUs will vest on December 30, 2024, and (iii) 3,937 RSUs will vest on November 14, 2025, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. Also includes 28,772 shares of Class A Common Stock held directly. |
Class A Common Stock, par value $0.01 per share
|
5,046 |
| 2024-09-16 | MBANEFO ARTHUR U |
Director |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
The 5,046 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock") of BGC Group, Inc. (the "Issuer") are represented by 5,046 restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 5,046 RSUs, (i) 2,523 RSUs will vest on September 16, 2025, and (ii) 2,523 RSUs will vest on September 16, 2026, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. Also includes 14,506 RSUs granted pursuant to the BGC Group, Inc. Long Term Incentive Plan, of which (i) 3,937 RSUs will vest on November 14, 2024, (ii) 6,632 RSUs will vest on December 30, 2024, and (iii) 3,937 RSUs will vest on November 14, 2025, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. Also includes 30,113 shares of Class A Common Stock held directly. |
Class A Common Stock, par value $0.01 per share
|
5,046 |
| 2024-09-16 | Addas William Dean |
Director |
Award↑
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
The 5,046 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock") of BGC Group, Inc. (the "Issuer") are represented by 5,046 restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 5,046 RSUs, (i) 2,523 RSUs will vest on September 16, 2025, and (ii) 2,523 RSUs will vest on September 16, 2026, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. Also includes 15,017 RSUs granted pursuant to the BGC Group, Inc. Long Term Incentive Plan, of which (i) 3,937 RSUs will vest on November 14, 2024, (ii) 7,143 RSUs will vest on July 3, 2025, and (iii) 3,937 RSUs will vest on November 14, 2025, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. Also includes 7,142 shares of Class A Common Stock held directly. |
Class A Common Stock, par value $0.01 per share
|
5,046 |
| 2024-08-09 | Richards David |
Director |
Sell↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
Includes 14,506 Restricted Stock Units ("RSUs") granted pursuant to the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. 6,632 RSUs will vest on December 30, 2024. 3,937 RSUs will vest on November 14, 2024 and 3,937 RSUs will vest on November 14, 2025, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. |
Class A Common Stock, par value $0.01 per share
|
43,893 |
| 2024-08-08 | Richards David |
Director |
Other↓
Filing footnotes — Class A Common Stock, par value $0.01 per share (Direct)
On August 8, 2024, the reporting person sold 13,063 shares of BGC Group, Inc. (the "Company") Class A common stock, par value $0.01 per share ("Common Stock") to the Company in an exempt transaction pursuant to Rule 16b-3. The sale price per share was the closing price of the Class A common stock on August 8, 2024. The transaction was approved by the Audit Committee of the Company and was pursuant to its stock buyback authorization. Includes 14,506 Restricted Stock Units ("RSUs") granted pursuant to the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. 6,632 RSUs will vest on December 30, 2024. 3,937 RSUs will vest on November 14, 2024 and 3,937 RSUs will vest on November 14, 2025, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. |
Class A Common Stock, par value $0.01 per share
|
13,063 |