Lutnick Kyle sold NMRK
March 15, 2026 · Form 4 insider transaction
Lutnick Kyle sold 680 shares of Newmark Group, Inc. at $14.19 per share, a transaction worth $9.6K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
On March 15, 2026, 1,501 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 680 shares of Class A Common Stock withheld for taxes. The remaining 821 shares of Class A Common Stock were issued to the reporting person.; Consists of 6,827 shares of Class A Common Stock held directly after the vesting and withholding described in Footnote 1 and 2,316 RSUs that 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.