MERKEL STEPHEN M bought BGC
April 1, 2026 · Form 4 insider transaction
MERKEL STEPHEN M bought 77,882 shares of BGC Group, Inc. at $9.84 per share, a transaction worth $766.4K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 0 days after the transaction.
Footnotes
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.