[Form 4] BGC Group, Inc. Insider Trading Activity

Rhea-AI Filing Summary

BGC Group (BGC) director Arthur U. Mbanefo reported acquiring 5,447 RSUs on 11/12/2025 at $0 under the company’s Long Term Incentive Plan. Each RSU represents the right to receive one share of Class A common stock.

These RSUs vest in two tranches: 2,723 on November 12, 2026 and 2,724 on November 12, 2027, contingent on continued Board service. Following the award, the filing lists 24,756 Class A shares beneficially owned directly.

The ownership detail includes 12,849 shares held directly and 6,460 previously granted RSUs, of which 3,937 vest on November 14, 2025 and 2,523 vest on September 16, 2026, each subject to continued Board service.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MBANEFO ARTHUR U

(Last) (First) (Middle)

C/O BGC GROUP, INC.

499 PARK AVENUE

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BGC Group, Inc. [ BGC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock, par value $0.01 per share	11/12/2025		A		5,447(1)	A	$0	24,756(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The 5,447 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock") of BGC Group, Inc. (the "Issuer") are represented by 5,447 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 Class A Common Stock. Of the 5,447 RSUs, 2,723 will vest on November 12, 2026, and 2,724 will vest on November 12, 2027, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates.

2. Includes 12,849 shares held directly. Also includes 6,460 RSUs granted pursuant to the BGC Group, Inc. Long Term Incentive Plan, of which (i) 3,937 RSUs will vest on November 14, 2025, and (ii) 2,523 RSUs will vest on September 16, 2026, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates.

	/s/ Arthur U. Mbanefo	11/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did BGC (BGC) disclose in this Form 4?

A director, Arthur U. Mbanefo, acquired 5,447 RSUs on 11/12/2025 at $0 under the Long Term Incentive Plan.

How do the newly granted RSUs vest for BGC’s director?

The 5,447 RSUs vest in two tranches: 2,723 on Nov 12, 2026 and 2,724 on Nov 12, 2027, subject to continued Board service.

What is the director’s beneficial ownership after the transaction?

The filing reports 24,756 Class A shares beneficially owned directly after the transaction.

What existing awards are included in the ownership totals?

It includes 12,849 shares held directly and 6,460 RSUs previously granted, vesting 3,937 on Nov 14, 2025 and 2,523 on Sep 16, 2026.

What is the security involved in the transaction?

Class A common stock, par value $0.01 per share, represented by RSUs where each RSU equals one share upon vesting.

What is the ownership form reported for the post-transaction holdings?

The filing indicates Direct (D) ownership for the 24,756 shares listed after the transaction.

Who is the reporting person’s relationship to BGC Group?

The reporting person is a Director of BGC Group, Inc.