$ Value
$766K
Shares
77,882
Price
$10
Filed
Apr 1
Insider
Name
MERKEL STEPHEN M
Title
Chairman of the Board & GC
CIK
0001251144
Roles
Transaction Details
Transaction Date
2026-04-01
Code
A
Table
Non-Derivative
Ownership
Direct
Equity Swap
No
Shares After
212,317
Footnotes
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. | 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. | Represents shares of Class A Common Stock held in trusts for the benefit of the reporting person's immediate family, of which the reporting person's spouse is the sole trustee of each trust. | Represents shares of Class A Common Stock held in the reporting person's 401(k) account as of March 27, 2026.
Filing Info
MERKEL STEPHEN M's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-04-01 | BGC | A | $766K |
| 2026-04-01 | BGC | F | $163K |
| 2026-02-25 | NMRK | D | $873K |
| 2025-10-03 | BGC | D | $152K |
| 2025-07-29 | NMRK | A | — |
| 2025-07-29 | NMRK | F | $189K |
Other Insiders at BGC (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
|
MERKEL STEPHEN M
Chairman of the Board & GC
|
— | — | 2026-04-01 |
|
Windeatt Sean A
COO and Co-CEO
|
— | — | 2026-04-01 |
|
Hauf Jason W.
Chief Financial Officer
|
— | — | 2026-04-01 |
|
ABULARRAGE JOHN J.
Co-Chief Executive Officer
|
— | — | 2026-04-01 |
|
AUBIN JEAN-PIERRE
Co-Chief Executive Officer
|
— | $96K | 2026-04-01 |