Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Oct 3, 2025
Reporting period
Not applicable
Filed with the SEC
Oct 7, 2025
ChairOther
Context
Classification
other
Code D — not an open-market trade
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001437749-25-030578
Filed / recorded
Oct 7, 2025, 2:10 AM UTC
Added to OQRO
Oct 6, 2026, 10:14 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
BGC Group, Inc.
Issuer CIK
1094831
Ticker
BGC
Reporting person
Stephen M Merkel
Relationship
Director, Officer
Officer title
Chairman of the Board & GC
Security
Class A Common Stock, par value $0.01 per share
Table
Non-derivative (Table I)
Transaction date
Oct 3, 2025
Transaction code
D
Shares / units
16,511
Price per share
$9.21
Acquired / disposed
Disposed (D)
Shares owned after
134,435
Ownership form
Direct
Amendment
No
Footnotes from the filing
On October 3, 2025, BGC Group, Inc. (the "Company") repurchased an aggregate of 16,511 shares of its Class A common stock, par value $0.01 per share ("Class A Common Stock"), from the reporting person. The sale price per share was the closing price per share of a share of the Class A Common Stock on the Nasdaq Global Select Market on October 3, 2025. The transaction was approved by the Audit Committee of the Company and was pursuant to its stock buyback authorization.
Includes restricted stock units ("RSUs") granted 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, consisting of: (i) 61,684 RSUs which vest ratably on each of April 1, 2026, 2027, 2028 and 2029, and (ii) 72,751 RSUs which vest ratably on each of April 1, 2026, 2027, 2028, 2029 and 2030, in each case 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.
A board member of BGC paid $82.6M out of pocket for BGC shares. 2 other people at BGC bought some too, in the same month. The BGC shares held grew by 10%.
A board member of BGC paid $82.6M out of pocket for BGC shares. 2 other people at BGC bought some too, in the same month. The BGC shares held grew by 10%.