Stephen M. Merkel - 03 Oct 2025 Form 4 Insider Report for BGC Group, Inc. (BGC)

Role
Chairman of the Board & GC, Director
Signature
/s/ Stephen M. Merkel
Issuer symbol
BGC
Transactions as of
03 Oct 2025
Net transactions value
-$152,066
Form type
4
Filing time
06 Oct 2025, 18:10:14 UTC
Previous filing
31 Jul 2025
Next filing
26 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MERKEL STEPHEN M Chairman of the Board & GC, Director C/O BGC GROUP, INC., 499 PARK AVENUE, NEW YORK /s/ Stephen M. Merkel 06 Oct 2025 0001251144

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BGC Class A Common Stock, par value $0.01 per share Disposed to Issuer $152,066 -16,511 -11% $9.21 134,435 03 Oct 2025 Direct F1, F2
holding BGC Class A Common Stock, par value $0.01 per share 6,258 03 Oct 2025 By various trusts F3
holding BGC Class A Common Stock, par value $0.01 per share 46,131 03 Oct 2025 By 401(k) Plan F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.
F4 Represents shares of Class A Common Stock held in the reporting person's 401(k) account as of October 1, 2025.