BGC CEO Sells 373,191 Shares Back to Company
BGC Group, Inc. (BGC) disclosed that Co-Chief Executive Officer Jean-Pierre Aubin disposed of shares through a company repurchase of 373,191 shares of Class A Common Stock on August 28, 2026, at $12.12 per share.
Rhea-AI Filing Summary
BGC Group, Inc. (BGC) disclosed that Co-Chief Executive Officer Jean-Pierre Aubin disposed of shares through a company repurchase of 373,191 shares of Class A Common Stock on August 28, 2026, at $12.12 per share. The shares were repurchased by the company under its existing stock buyback authorization at the Nasdaq Global Select Market closing price for that date, in a transaction approved by the Audit Committee and Compensation Committee and exempt under Rule 16b-3.
Following this transaction, Aubin is reported as beneficially owning 1,082,071 shares of Class A Common Stock, including 207,999 shares held directly and 874,072 restricted stock units (RSUs). These RSUs vest over multiple future dates through 2033, in some cases contingent on continued service and on the company and its affiliates generating at least $5 million in revenue in the relevant quarter, and some vesting over four years following termination of employment.
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Insights
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Insider Trade Summary
Disposition: 373,191 shares
Disposition
1 txn
Insider
AUBIN JEAN-PIERRE
Role
Co-Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock, par value $0.01 per share F1, F2, F3, F4 | 373,191 | $12.12 | $4.52M |
Holdings After Transaction:
Class A Common Stock, par value $0.01 per share — 1,082,071 shares (Direct)
Footnotes (4)
- F1. On August 28, 2026, BGC Group, Inc. (the "Company") repurchased an aggregate of 373,191 shares of its Class A common stock, par value $0.01 per share ("Class A Common Stock"), beneficially owned by 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 August 28, 2026. The transaction was approved by the Audit Committee and Compensation Committee of the Board of Directors of the Company and was pursuant to the Company's existing stock buyback authorization and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
- F2. Includes 207,999 shares of Class A Common Stock held directly.
- F3. Also includes 874,072 restricted stock units that each represent a contingent right to receive one share of Class A Common Stock ("RSUs") previously granted to the reporting person under the BGC Group, Inc. Long Term Incentive Plan, of which (i) 29,368 RSUs will vest on each of March 15, 2027, 2028 and 2029, (ii) 15,688 will vest on March 15, 2030, (iii) 349,158 RSUs will vest on July 1, 2033, 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,
- F4. (Continued from Footnote 3) (iv) 269,557 RSUs will 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, and (v) 151,565 RSUs will vest ratably over a period of four (4) years following the termination of the reporting person's employment with the Company.
Key Figures
Shares disposed to issuer: 373,191 shares of Class A Common Stock
Repurchase price per share: $12.12 per share
Total shares beneficially owned after transaction: 1,082,071 shares of Class A Common Stock
+5 more
8 metrics
Shares disposed to issuer
373,191 shares of Class A Common Stock
Repurchased by BGC Group, Inc. on August 28, 2026
Repurchase price per share
$12.12 per share
Closing price on Nasdaq Global Select Market on August 28, 2026
Total shares beneficially owned after transaction
1,082,071 shares of Class A Common Stock
Position reported for Jean-Pierre Aubin following the August 28, 2026 transaction
Directly held shares
207,999 shares of Class A Common Stock
Included in Aubin’s post-transaction beneficial ownership
Restricted stock units (RSUs)
874,072 RSUs
Each RSU represents a contingent right to receive one Class A Common Share
RSUs vesting annually March 15, 2027–2029
29,368 RSUs each year
Vests on March 15, 2027, 2028 and 2029, subject to continued service
Performance-contingent RSUs
269,557 RSUs
Vest ratably over five years from April 1, 2026, contingent on at least $5 million quarterly revenue
Post-termination RSUs
151,565 RSUs
Vest ratably over four years following termination of employment
Key Terms
Rule 16b-3, restricted stock units, Long Term Incentive Plan, beneficially owned, +1 more
5 terms
Rule 16b-3 regulatory
"and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
restricted stock units financial
"Also includes 874,072 restricted stock units that each represent a contingent"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Long Term Incentive Plan financial
"previously granted to the reporting person under the BGC Group, Inc. Long Term"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
beneficially owned financial
"repurchased an aggregate of 373,191 shares ... beneficially owned by the reporting"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Nasdaq Global Select Market market
"was the closing price per share ... on the Nasdaq Global Select Market on"
A Nasdaq Global Select Market listing is the highest tier of stocks on the Nasdaq exchange, reserved for companies that meet the strictest financial, reporting and governance standards. For investors, it acts like a premium quality label—signaling larger, more transparent and better-governed companies that tend to offer greater liquidity and lower perceived risk compared with lower-tier listings, making it easier to buy, sell and evaluate shares.
FAQ
What insider transaction did BGC (BGC) report for Jean-Pierre Aubin?
BGC reported that Co-Chief Executive Officer Jean-Pierre Aubin disposed of 373,191 shares of Class A Common Stock on August 28, 2026, through a repurchase by BGC under its stock buyback authorization, at the Nasdaq Global Select Market closing price and exempt under Rule 16b-3.
What are the key vesting terms of Jean-Pierre Aubin’s BGC (BGC) RSUs?
Aubin holds 874,072 RSUs, including tranches of 29,368 RSUs vesting on each of March 15, 2027, 2028, and 2029; 15,688 vesting March 15, 2030; 349,158 vesting July 1, 2033; and additional tranches vesting ratably, some contingent on $5 million quarterly revenue.
Was the BGC (BGC) repurchase from Jean-Pierre Aubin under a 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox was not marked and describes the transaction as conducted under the company’s existing stock buyback authorization and exempt pursuant to Rule 16b-3, with no reference to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
