BGC Group Co-CEO RSU vesting, tax withholding
BGC Group, Inc. reported insider equity compensation activity for Co-Chief Executive Officer John J. Abularrage.
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Rhea-AI Filing Summary
BGC Group, Inc. reported insider equity compensation activity for Co-Chief Executive Officer John J. Abularrage. He was granted 164,890 restricted stock units (RSUs) effective April 1, 2025, each representing one share of Class A common stock under the company’s long-term incentive plan.
On March 15, 2026, 75,071 RSUs vested. To cover tax obligations, the company withheld 41,516 shares at $9.57 per share, and 33,555 shares were issued to him. After this vesting and withholding, he holds 147,702 shares of Class A common stock and 333,643 RSUs scheduled to vest between 2027 and 2030, subject to continued service and a quarterly gross revenue condition of at least $5 million.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock, par value $0.01 per share | 41,516 | $9.57 | $397K |
| Grant/Award | Class A Common Stock, par value $0.01 per share | 164,890 | $0.00 | $0.00 |
Footnotes (4)
- F1. Effective April 1, 2025, BGC Group, Inc. (the "Company") granted the reporting person 164,890 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, par value $0.01 ("Class A Common Stock"). Of these RSUs, 32,978 RSUs vested on March 15, 2026, and the remainder will vest ratably one-fourth (1/4th) on each of March 15, 2027, 2028, 2029, and 2030, provided that the reporting person is still substantially 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.
- F2. On March 15, 2026, pursuant to the vesting schedule of the RSUs previously granted to the reporting person, 75,071 RSUs became vested and issuable as shares of Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 41,516 shares of Class A Common Stock for taxes. The remaining 33,555 shares of Class A Common Stock were issued to the reporting person.
- F3. Consists of 147,702 shares of Class A Common Stock held directly after the vesting and withholding described in Footnote 1.
- F4. Also consists of 333,643 RSUs, of which (i) 172,543 RSUs will vest on March 15, 2027, (ii) 64,062 RSUs will vest on March 15, 2028 (iii) 64,060 RSUs will vest on March 15, 2029, and (iv) 32,978 RSUs will vest on March 15, 2030, 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.
FAQ
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What insider transactions did BGC (BGC) report for its Co-CEO?
How many BGC (BGC) RSUs were granted to the Co-CEO and on what terms?
What happened on March 15, 2026 in the BGC (BGC) Form 4 filing?
How are future BGC (BGC) RSUs for the Co-CEO scheduled to vest?
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