Form 4 for NMRK NEWMARK GROUP, INC.
Accepted 2025-03-18 00:00:00 ET · period of report 2025-03-15 · accession 0001437749-25-008246 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-03-18 | 2025-03-15 | NMRK | Lutnick Kyle | Dir | F - Tax | $12.40 | -734 | 5,331 | -12% | -$9,102 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock, par value $0.01 per share | 2025-03-15 | F | D | 734 | $12.40 | 5,331 | D | — | — | (F1) On March 15, 2025, 1,606 restricted stock units ("RSUs"), which were previously granted as compensation to the reporting person under the Newmark Group, Inc. (the "Company") Long Term Incentive Plan in connection with his previous employment by the Company, and each representing a contingent right to receive one share of Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of the Company, became vested and issuable as Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 734 shares of Class A Common Stock withheld for taxes. The remaining 872 shares of Class A Common Stock were issued to the reporting person. (F2) The withholding described in Footnote 1 was approved by the Audit Committee and 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. (F3) Consists of 1,514 shares of Class A Common Stock held directly after the vesting and withholding described in Footnote 1 and 3,817, RSUs. Of the 3,817 RSUs, (i) 729 RSUs will vest on March 15, 2026, and (ii) 3,088 RSUs will vest ratably on a five-year schedule beginning on the grant date of March 15, 2024, in each case provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date. |