Key facts
- This page summarizes David P. Richards's Form 4 filing for BGC Group, Inc. (BGC).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 12 Aug 2024, 16:19.
David P. Richards - 08 Aug 2024 Form 4 Insider Report for BGC Group, Inc. (BGC)
- Reporting relationship
- Director
- Issuer ticker
- BGC
- Reported as of
- 08 Aug 2024
- Net transaction value
- -$514,919
- SEC form
- 4
- Accepted by SEC
- 12 Aug 2024, 16:19:41 UTC
- Prior SEC filing
- 16 Nov 2023
- Next SEC filing
- 18 Sep 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ David P. Richards
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
David P. Richards filed Form 4 for BGC Group, Inc. (BGC) on 12 Aug 2024.
Change
- Previous filing in this sequence was filed on 16 Nov 2023.
- Current net transaction value: -$514,919.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BGC
transaction
Class A Common Stock, par value $0.01 per share
Disposed to Issuer
- Transaction value
- $119,004
- Shares
- -13,063
- Change %
- -18%
- Price
- $9.11
- Shares after
- 58,399
- Date
- 08 Aug 2024
- Ownership
- Direct
- Footnotes
- F1, F2
BGC
transaction
Class A Common Stock, par value $0.01 per share
Sale
- Transaction value
- $395,915
- Shares
- -43,893
- Change %
- -75%
- Price
- $9.02
- Shares after
- 14,506
- Date
- 09 Aug 2024
- Ownership
- Direct
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
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.
Footnote F2
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.