STOCK TITAN

[Form 4] Cantor Equity Partners IV, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

On 10/06/2025, Brandon Lutnick completed the purchase of the voting shares of CF Group Management, Inc., acquiring control through trusts he serves as trustee for a stated aggregate purchase price of $200,000. As a result, Lutnick may be deemed to beneficially own 900,000 Class A ordinary shares and 11,250,000 Class B ordinary shares of Cantor Equity Partners IV, Inc. (CEPF). The filing notes the Class B shares convert one-for-one into Class A shares at the time of the company's initial business combination or at the holder's option. The report also explains the ownership chain: CF Group Management is manager of Cantor Fitzgerald, L.P., which is sole member of the Sponsor that holds the shares, and Lutnick disclaims beneficial ownership beyond his pecuniary interest.

Il 10/06/2025, Brandon Lutnick ha completato l'acquisto delle azioni di voto di CF Group Management, Inc., assumendo il controllo tramite trust di cui è trustee per un prezzo d'acquisto aggregato dichiarato di $200,000. Di conseguenza, Lutnick potrebbe essere ritenuto proprietario beneficiario di 900.000 azioni ordinarie Classe A e 11.250.000 azioni ordinarie Classe B di Cantor Equity Partners IV, Inc. (CEPF). Il deposito nota che le azioni Classe B si convertono una-per-una in azioni Classe A al momento della prima combinazione aziendale o a scelta del detentore. Il rapporto spiega anche la catena di possesso: CF Group Management è gestore di Cantor Fitzgerald, L.P., che è l'unico socio del Sponsor che detiene le azioni, e Lutnick nega la proprietà beneficiaria oltre al suo interesse pecuniario.

El 10/06/2025, Brandon Lutnick completó la compra de las acciones con derecho a voto de CF Group Management, Inc., adquiriendo el control a través de los fideicomisos que sirve como fiduciario para un precio de compra agregado declarado de $200,000. En consecuencia, Lutnick podría considerarse titular beneficiario de 900,000 acciones ordinarias Clase A y 11,250,000 acciones ordinarias Clase B de Cantor Equity Partners IV, Inc. (CEPF). El informe señala que las acciones Clase B se convierten una a una en acciones Clase A en el momento de la combinación comercial inicial de la empresa o a elección del titular. El informe también explica la cadena de propiedad: CF Group Management es el administrador de Cantor Fitzgerald, L.P., que es el único miembro del Sponsor que posee las acciones, y Lutnick rechaza la propiedad beneficiosa más allá de su interés pecuniario.

10/06/2025에 Brandon Lutnick은 CF Group Management, Inc.의 의결 권 주식 매수를 완료하고, 그는 수탁자로서 명시된 총매수 가격 $200,000으로 신탁을 통해 통제권을 확보했습니다. 그 결과 Lutnick은 Cantor Equity Partners IV, Inc. (CEPF)의 900,000주 Class A 보통주11,250,000주 Class B 보통주를 사실상 소유할 수 있습니다. 보고서는 Class B 주식이 회사의 최초 사업결합 시점에 Class A 주식으로 1대 1로 전환된다고 명시합니다. 또한 소유 연결고리를 설명합니다: CF Group Management는 Cantor Fitzgerald, L.P.의 관리자이며, 이는 주식을 보유한 Sponsor의 유일한 멤버이고, Lutnick은 금전적 이해관계를 넘는 실소유권을 부인합니다.

Le 10/06/2025, Brandon Lutnick a terminé l'achat des actions ordinaires avec droit de vote de CF Group Management, Inc., prenant le contrôle par des trusts dont il est fiduciaire pour un prix d'achat total déclaré de $200,000. En conséquence, Lutnick pourrait être considéré comme bénéficiaire effectif de 900 000 actions ordinaires de Classe A et de 11 250 000 actions ordinaires de Classe B de Cantor Equity Partners IV, Inc. (CEPF). Le dossier indique que les actions de Classe B se convertissent une à une en actions de Classe A au moment de la première fusion/affectation commerciale de la société ou à l'option du détenteur. Le rapport décrit également la chaîne de propriété: CF Group Management est le gestionnaire de Cantor Fitzgerald, L.P., qui est le seul membre du Sponsor détenant les actions, et Lutnick déclare ne pas détenir la propriété bénéficiaire au-delà de son intérêt pécuniaire.

Am 10/06/2025 hat Brandon Lutnick den Kauf der stimmberechtigten Aktien der CF Group Management, Inc. abgeschlossen und über treuhänderisch verwaltete Trusts, für die er als Trustee fungiert, die Kontrolle zum deklarierten Gesamtpreis von $200,000 erworben. Infolgedessen könnte Lutnick als wirtschaftlich Berechtigter von 900.000 Class A Stammaktien und 11.250.000 Class B Stammaktien der Cantor Equity Partners IV, Inc. (CEPF) gelten. Das filing stellt fest, dass die Class B-Aktien eins-zu-eins in Class A-Aktien umgewandelt werden zum Zeitpunkt der ersten Unternehmenszusammenführung oder nach Wahl des Inhabers. Der Bericht erläutert auch die Eigentumskette: CF Group Management ist der Geschäftsführer von Cantor Fitzgerald, L.P., der alleinige Mitglied des Sponsors ist, der die Aktien hält, und Lutnick bestreitet jegliches Beneficial Ownership über sein finanzielles Interesse hinaus.

في 10/06/2025، أكمل Brandon Lutnick شراء أسهم الاقتراع لشركة CF Group Management, Inc., مِمّا مَكَّنه من السيطرة عبر الثقات (trusts) التي يعمل كأمين لها مقابل سعر شراء إجمالي مُعلَن قدره $200,000. نتيجة لذلك، قد يُعَد Lutnick المستفيد الفعلي من 900,000 سهماً عاديًا من الفئة A و 11,250,000 سهماً عاديًا من الفئة B من Cantor Equity Partners IV, Inc. (CEPF). يذكر الملف أن أسهم الفئة B تتحول واحد إلى واحد إلى أسهم الفئة A عند وقت الدمج التجاري الأول للشركة أو وفق خيار الحامل. يشرح التقرير أيضاً سلسلة الملكية: CF Group Management مدير Cantor Fitzgerald, L.P.، وهو العضو الوحيد في الـSponsor الذي يحوز الأسهم، وأن Lutnick يرفض الملكية المفيدة بخلاف مصلحته النقدية.

2025-10-06,Brandon Lutnick 完成了对 CF Group Management, Inc. 投票股的购买,通过他担任受托人的信托获得对该公司的控制,标注的总购买价格为 $200,000 因此,Lutnick 可能被视为实际控制 Cantor Equity Partners IV, Inc. (CEPF) 的 900,000 股 A 类普通股11,250,000 股 B 类普通股。备案表指出 B 类股票将按 一对一 的比例在公司首次商业合并时转换为 A 类股票,或在持有者选择时执行。报告还解释了所有权链条:CF Group Management 是 Cantor Fitzgerald, L.P. 的管理人,而 Cantor Fitzgerald, L.P. 是持股的 Sponsor 的唯一成员,Lutnick 对除了其金钱利益之外的实际所有权表示弃权。

Positive
  • Acquisition completed on 10/06/2025 for $200,000, establishing clear control of voting shares
  • Beneficial ownership recorded as 900,000 Class A and 11,250,000 Class B ordinary shares
  • Class B shares convertible one-for-one into Class A shares at initial business combination, providing path to common-share alignment
Negative
  • High concentration of founder-class shares controlled through the Sponsor and trusts could limit public voting influence
  • Disclaimer of beneficial ownership for amounts beyond pecuniary interest creates ambiguity about actual economic stake

Insights

TL;DR: A trustee-acquired voting stake consolidates decision control over the Sponsor and founder shares.

The filing documents that the reporting person closed acquisition of the voting shares of CF Group Management, Inc. on 10/06/2025, giving him control via trusts and potential beneficial ownership of 900,000 Class A and 11,250,000 Class B shares. This creates a clear governance link between the reporting person and the Sponsor that holds the founder shares.

Key dependencies and risks include the reported disclaimer that he disclaims beneficial ownership of securities held by the Sponsor in excess of any pecuniary interest; that language may affect how voting influence is interpreted for regulatory or investor scrutiny. Watch for filings around the initial business combination when Class B shares may convert to Class A.

TL;DR: Founder-class shares convertible one-for-one could materially change public float at business combination.

The report notes 11,250,000 Class B shares that convert one-for-one into Class A ordinary shares at the time of an initial business combination or at holder option. If conversion occurs, the effective Class A share count held or controlled by the Sponsor would increase by that amount.

Investors should note the conversion mechanics and the Sponsor ownership chain; conversion timing (initial business combination) is the concrete trigger disclosed. Changes in conversion or ownership will affect voting and dilution outcomes when the Company moves toward the business combination milestone.

Il 10/06/2025, Brandon Lutnick ha completato l'acquisto delle azioni di voto di CF Group Management, Inc., assumendo il controllo tramite trust di cui è trustee per un prezzo d'acquisto aggregato dichiarato di $200,000. Di conseguenza, Lutnick potrebbe essere ritenuto proprietario beneficiario di 900.000 azioni ordinarie Classe A e 11.250.000 azioni ordinarie Classe B di Cantor Equity Partners IV, Inc. (CEPF). Il deposito nota che le azioni Classe B si convertono una-per-una in azioni Classe A al momento della prima combinazione aziendale o a scelta del detentore. Il rapporto spiega anche la catena di possesso: CF Group Management è gestore di Cantor Fitzgerald, L.P., che è l'unico socio del Sponsor che detiene le azioni, e Lutnick nega la proprietà beneficiaria oltre al suo interesse pecuniario.

El 10/06/2025, Brandon Lutnick completó la compra de las acciones con derecho a voto de CF Group Management, Inc., adquiriendo el control a través de los fideicomisos que sirve como fiduciario para un precio de compra agregado declarado de $200,000. En consecuencia, Lutnick podría considerarse titular beneficiario de 900,000 acciones ordinarias Clase A y 11,250,000 acciones ordinarias Clase B de Cantor Equity Partners IV, Inc. (CEPF). El informe señala que las acciones Clase B se convierten una a una en acciones Clase A en el momento de la combinación comercial inicial de la empresa o a elección del titular. El informe también explica la cadena de propiedad: CF Group Management es el administrador de Cantor Fitzgerald, L.P., que es el único miembro del Sponsor que posee las acciones, y Lutnick rechaza la propiedad beneficiosa más allá de su interés pecuniario.

10/06/2025에 Brandon Lutnick은 CF Group Management, Inc.의 의결 권 주식 매수를 완료하고, 그는 수탁자로서 명시된 총매수 가격 $200,000으로 신탁을 통해 통제권을 확보했습니다. 그 결과 Lutnick은 Cantor Equity Partners IV, Inc. (CEPF)의 900,000주 Class A 보통주11,250,000주 Class B 보통주를 사실상 소유할 수 있습니다. 보고서는 Class B 주식이 회사의 최초 사업결합 시점에 Class A 주식으로 1대 1로 전환된다고 명시합니다. 또한 소유 연결고리를 설명합니다: CF Group Management는 Cantor Fitzgerald, L.P.의 관리자이며, 이는 주식을 보유한 Sponsor의 유일한 멤버이고, Lutnick은 금전적 이해관계를 넘는 실소유권을 부인합니다.

Le 10/06/2025, Brandon Lutnick a terminé l'achat des actions ordinaires avec droit de vote de CF Group Management, Inc., prenant le contrôle par des trusts dont il est fiduciaire pour un prix d'achat total déclaré de $200,000. En conséquence, Lutnick pourrait être considéré comme bénéficiaire effectif de 900 000 actions ordinaires de Classe A et de 11 250 000 actions ordinaires de Classe B de Cantor Equity Partners IV, Inc. (CEPF). Le dossier indique que les actions de Classe B se convertissent une à une en actions de Classe A au moment de la première fusion/affectation commerciale de la société ou à l'option du détenteur. Le rapport décrit également la chaîne de propriété: CF Group Management est le gestionnaire de Cantor Fitzgerald, L.P., qui est le seul membre du Sponsor détenant les actions, et Lutnick déclare ne pas détenir la propriété bénéficiaire au-delà de son intérêt pécuniaire.

Am 10/06/2025 hat Brandon Lutnick den Kauf der stimmberechtigten Aktien der CF Group Management, Inc. abgeschlossen und über treuhänderisch verwaltete Trusts, für die er als Trustee fungiert, die Kontrolle zum deklarierten Gesamtpreis von $200,000 erworben. Infolgedessen könnte Lutnick als wirtschaftlich Berechtigter von 900.000 Class A Stammaktien und 11.250.000 Class B Stammaktien der Cantor Equity Partners IV, Inc. (CEPF) gelten. Das filing stellt fest, dass die Class B-Aktien eins-zu-eins in Class A-Aktien umgewandelt werden zum Zeitpunkt der ersten Unternehmenszusammenführung oder nach Wahl des Inhabers. Der Bericht erläutert auch die Eigentumskette: CF Group Management ist der Geschäftsführer von Cantor Fitzgerald, L.P., der alleinige Mitglied des Sponsors ist, der die Aktien hält, und Lutnick bestreitet jegliches Beneficial Ownership über sein finanzielles Interesse hinaus.

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
Estimated average burden
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*
Lutnick Brandon

(Last) (First) (Middle)
C/O CANTOR EQUITY PARTNERS IV, INC.
110 EAST 59TH STREET

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Cantor Equity Partners IV, Inc. [ CEPF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO
3. Date of Earliest Transaction (Month/Day/Year)
10/06/2025
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 ordinary shares 10/06/2025 P 900,000 A (1) 900,000 I Seefootnote(3)
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
Class B ordinary shares (2) 10/06/2025 P 11,250,000 (2) (2) Class A ordinary shares 11,250,000 (1) 11,250,000 I Seefootnote(3)
Explanation of Responses:
1. On October 6, 2025, the reporting person, through trusts for which he is trustee with decision making control, closed the purchase of all of the voting shares of CF Group Management, Inc. ("CFGM"), which is the managing general partner of Cantor Fitzgerald, L.P. ("CFLP"), from Howard W. Lutnick. CFLP is the sole member of Cantor EP Holdings IV, LLC (the "Sponsor"). The Sponsor is the direct owner of 900,000 Class A ordinary shares of Cantor Equity Partners IV, Inc. (the "Company"), par value $0.0001 per share (the "Class A Ordinary Shares"), and 11,250,000 Class B ordinary shares of the Company, par value $0.0001 per share (the "Class B Ordinary Shares"). Following the closing of the transaction, the reporting person may be deemed to have beneficial ownership of the 900,000 Class A Ordinary Shares and 11,250,000 Class B Ordinary Shares held by the Sponsor. The aggregate purchase price of the voting shares of CFGM was $200,000.
2. As described in the Company's registration statement on Form S-1 (File No. 333-288768) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Company's initial business combination, or at any time and from time to time at the option of the holder, on a one-for-one basis, subject to adjustment for share sub-divisions, share dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights.
3. The Sponsor is the record holder of the shares reported herein. CFLP is the sole member of the Sponsor. CFGM is the managing general partner of CFLP. The reporting person is the Chairman and Chief Executive Officer of the Sponsor, CFLP and CFGM and also the trustee with decision making control of trusts that hold all of the voting shares of CFGM. The reporting person disclaims beneficial ownership of all securities held by the Sponsor in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he was the beneficial owner of, or had pecuniary interest in, any such excess securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
/s/ Brandon Lutnick 10/06/2025
** 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 Brandon Lutnick acquire according to the Form 4 for CEPF?

The Form 4 reports that Brandon Lutnick closed the purchase of the voting shares of CF Group Management and may be deemed to beneficially own 900,000 Class A and 11,250,000 Class B ordinary shares of CEPF.

How much was paid for the voting shares reported in CEPF's Form 4?

The aggregate purchase price reported for the voting shares of CF Group Management was $200,000.

Do the Class B shares reported in the Form 4 convert to Class A shares for CEPF?

Yes. The filing states the Class B ordinary shares convert one-for-one into Class A ordinary shares at the time of the Company's initial business combination or at the holder's option.

When did the transaction reported on the CEPF Form 4 occur?

The transaction date shown on the Form 4 is 10/06/2025.

Does the reporting person claim full beneficial ownership of the Sponsor's shares?

The reporting person disclaims beneficial ownership of any securities held by the Sponsor in excess of his pecuniary interest, as stated in the filing.
Cantor Equity Partners IV, Inc.

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