CF GROUP MANAGEMENT INC - 06 Oct 2025 Form 4 Insider Report for BGC Group, Inc. (BGC)

Reporting relationship: Director, Managing General Partner CFLP, 10%+ Owner
Issuer ticker: BGC
Reported as of: 06 Oct 2025
Net transaction value: +$82,631,818
SEC form: 4
Accepted by SEC: 06 Oct 2025, 18:08:02 UTC
Prior SEC filing: 19 Feb 2025
Next SEC filing: 19 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ Brandon G. Lutnick, Chief Executive Officer

Key filing fact

CF GROUP MANAGEMENT INC filed Form 4 for BGC Group, Inc. (BGC) on 06 Oct 2025.

Key facts

This page summarizes CF GROUP MANAGEMENT INC's Form 4 filing for BGC Group, Inc. (BGC).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 06 Oct 2025, 18:08.

Change

Previous filing in this sequence was filed on 19 Feb 2025.
Current net transaction value: +$82,631,818.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001251145 Primary reporting owner

CF GROUP MANAGEMENT INC

Relationship: Director, Managing General Partner CFLP, 10%+ Owner
Address: 499 PARK AVENUE, NEW YORK
Signature: /s/ Brandon G. Lutnick, Chief Executive Officer
Signature date: 06 Oct 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BGC transaction

Class B Common Stock, par value $0.01 per share

Purchase

Transaction value: $82,631,818
Shares: +8,973,721
Change %: +9.6%
Price: $9.21
Shares after: 102,314,198
Date: 06 Oct 2025
Ownership: See footnote
Footnotes: F1, F2, F3

BGC holding

Class B Common Stock, par value $0.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,972,524
Date: 06 Oct 2025
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 3 footnotes

Footnote F1

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.

Footnote F2

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.

Footnote F3

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.