Barry M. Gosin - 23 Sep 2024 Form 4 Insider Report for NEWMARK GROUP, INC. (NMRK)

Role: Chief Executive Officer
Signature: /s/ Barry M. Gosin
Issuer symbol: NMRK
Transactions as of: 23 Sep 2024
Net transactions value: $0
Form type: 4
Filing time: 25 Sep 2024, 16:13:21 UTC
Previous filing: 02 Jan 2024
Next filing: 02 Jan 2025
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NMRK	Newmark Holdings Exchangeable Limited Partnership Interests	Disposed to Issuer		-795,376	-100%		0	23 Sep 2024	Class A common stock, par value $0.01 per share			Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 23, 2024, Newmark Group, Inc. (the "Company") repurchased 795,376 previously awarded limited partnership interests ("Interests") of Newmark Holdings, L.P. held by the reporting person and which the reporting person had previously received exchange rights for. The sale price per Interest of $14.19 was $15.34, the closing price of a share of the Company's Class A common stock, par value $0.01 per share on September 23, 2024, multiplied by the then-current exchange ratio of 0.9248. The transaction was approved by the Compensation Committee of the Board of Directors of the Company, and was exempt pursuant to Rule 16b-3 of the Securities Exchange Act of 1936, as amended.

Content

On September 23, 2024, Newmark Group, Inc. (the "Company") repurchased 795,376 previously awarded limited partnership interests ("Interests") of Newmark Holdings, L.P. held by the reporting person and which the reporting person had previously received exchange rights for. The sale price per Interest of $14.19 was $15.34, the closing price of a share of the Company's Class A common stock, par value $0.01 per share on September 23, 2024, multiplied by the then-current exchange ratio of 0.9248. The transaction was approved by the Compensation Committee of the Board of Directors of the Company, and was exempt pursuant to Rule 16b-3 of the Securities Exchange Act of 1936, as amended.