Stephen M. Merkel - 01 Apr 2026 Form 4 Insider Report for BGC Group, Inc. (BGC)

Reporting relationship: Chairman of the Board & GC, Director
Issuer ticker: BGC
Reported as of: 01 Apr 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 01 Apr 2026, 17:51:09 UTC
Prior SEC filing: 26 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Stephen M. Merkel

Key filing fact

Stephen M. Merkel filed Form 4 for BGC Group, Inc. (BGC) on 01 Apr 2026.

Key facts

This page summarizes Stephen M. Merkel's Form 4 filing for BGC Group, Inc. (BGC).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 01 Apr 2026, 17:51.

Change

Previous filing in this sequence was filed on 26 Feb 2026.
Current net transaction value: $0.

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 0001251144 Primary reporting owner

MERKEL STEPHEN M

Relationship: Chairman of the Board & GC, Director
Address: C/O BGC GROUP, INC., 499 PARK AVENUE, NEW YORK
Signature: /s/ Stephen M. Merkel
Signature date: 01 Apr 2026

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

Award

Transaction value
Shares: +77,882
Change %: +58%
Price: $9.84^*
Shares after: 212,317
Date: 01 Apr 2026
Ownership: Direct
Footnotes: F1

BGC transaction

Class A Common Stock, par value $0.01 per share

Tax liability

Transaction value
Shares: -16,576
Change %: -7.8%
Price: $9.84^*
Shares after: 195,741
Date: 01 Apr 2026
Ownership: Direct
Footnotes: F2, F3

BGC holding

Class A Common Stock, par value $0.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,258
Date: 01 Apr 2026
Ownership: By various trusts
Footnotes: F4

BGC holding

Class A Common Stock, par value $0.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 46,838
Date: 01 Apr 2026
Ownership: By 401(k) Plan
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

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.

Footnote F2

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.

Footnote F3

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.

Footnote F4

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.

Footnote F5

Represents shares of Class A Common Stock held in the reporting person's 401(k) account as of March 27, 2026.