STOCK TITAN

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

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

On 10/06/2025, Howard W. Lutnick reported the sale of the voting shares of CF Group Management, Inc., which resulted in the reporting person no longer having beneficial ownership of the Sponsor's 580,000 Class A ordinary shares and 6,000,000 Class B ordinary shares of Cantor Equity Partners II, Inc. (CEPT). The aggregate sale price for the voting shares of CFGM was $200,000. The filing notes that the Class B shares convert one-for-one into Class A shares at the initial business combination or at the holder's option. The report disclaims any beneficial ownership beyond any pecuniary interest.

Su 10/06/2025, Howard W. Lutnick ha riportato la vendita delle azioni di voto di CF Group Management, Inc., il che ha comportato che la persona riportante non detenga più proprietà beneficiaria delle azioni ordinarie di Classe A 580.000 e delle azioni ordinarie di Classe B 6.000.000 di Cantor Equity Partners II, Inc. (CEPT). Il prezzo totale di vendita delle azioni di voto di CFGM è stato $200,000. La documentazione indica che le azioni di Classe B si convertono una per una in azioni di Classe A al momento della combinazione aziendale iniziale o a scelta del detentore. Il rapporto esclude qualsiasi proprietà benefica oltre a interessi pecuniari.
El 10/06/2025, Howard W. Lutnick informó la venta de las acciones con derecho de voto de CF Group Management, Inc., lo que resultó en que la persona que reporta ya no tenga propiedad beneficiosa de las 580,000 acciones ordinarias de Clase A y de las 6,000,000 acciones ordinarias de Clase B de Cantor Equity Partners II, Inc. (CEPT). El precio agregado de venta de las acciones con derecho de voto de CFGM fue $200,000. El expediente señala que las acciones de Clase B se convierten una a una en acciones de Clase A al momento de la combinación comercial inicial o a elección del titular. El informe declina cualquier propiedad beneficiosa más allá de cualquier interés pecuniario.
10/06/2025에 Howard W. Lutnick가 CF Group Management, Inc.의 의결권 주식 매각을 보고했습니다. 그 결과 보고자가 Cantor Equity Partners II, Inc. (CEPT)의 스폰서의 580,000 클래스 A 일반주6,000,000 클래스 B 일반주의 실질적 소유권을 더 이상 보유하지 않게 되었습니다. CFGM의 의결권 주식의 총 매각 가격은 $200,000였습니다. 신고서는 클래스 B 주식이 초기 사업 결합 시점 또는 보유자의 선택에 따라 1대1로 클래스 A로 전환된다고 명시합니다. 이 보고서는 금전적 이익을 초과하는 실질적 소유권을 부인합니다.
Le 10/06/2025, Howard W. Lutnick a déclaré la vente des actions avec droit de vote de CF Group Management, Inc., ce qui a entraîné que la personne faisant rapport ne détienne plus de propriété bénéficiaire des actions ordinaires de Classe A 580 000 actions et des actions ordinaires de Classe B 6 000 000 actions de Cantor Equity Partners II, Inc. (CEPT). Le prix de vente total des actions avec droit de vote de CFGM était $200,000. Le dossier indique que les actions de Classe B se convertissent une à une en actions de Classe A lors de la première combinaison commerciale ou à l’option du détenteur. Le rapport déclare ne détenir aucune propriété bénéficiaire au-delà de tout intérêt pécuniaire.
Am 10/06/2025 meldete Howard W. Lutnick den Verkauf der stimmberechtigten Aktien der CF Group Management, Inc., was dazu führte, dass die meldende Person keine wirtschaftliche Eigentümerschaft mehr an den Sponsor-Aktien 580.000 Class A Stamaktien und 6,000,000 Class B Stamaktien von Cantor Equity Partners II, Inc. (CEPT) besitzt. Der aggregierte Verkaufspreis für die stimmberechtigten Aktien von CFGM betrug $200,000. Die Einreichung vermerkt, dass die Class B-Aktien bei der ursprünglichen Geschäftsverbindung oder nach Wahl des Inhabers eins zu eins in Class A-Aktien umgewandelt werden. Der Bericht bestreitet jegliche wirtschaftliche Eigentümerschaft jenseits von Geldinteressen.
في 10/06/2025، أبلغ هوارد دبليو لوتنيك عن بيع أسهم التصويت التابعة لـ CF Group Management, Inc.، مما أدى إلى عدم امتلاك الشخص البلاغي لملكية مستفيدة في أسهم Sponsor العادية من الفئة A البالغ عددها 580,000 سهم عادي من الفئة أ و 6,000,000 سهم عادي من الفئة ب من Cantor Equity Partners II, Inc. (CEPT). كان السعر الإجمالي لبيع الأسهم التصويتية لـ CFGM $200,000. وتشير الوثيقة إلى أن أسهم الفئة B تتحول واحدًا إلى واحد إلى أسهم الفئة A عند الدمج التجاري الأولي أو باختيار الحامل. التقرير ينفي أي ملكية مفيدة بخلاف أي مصلحة مالية.
10/06/2025,Howard W. Lutnick 报告了 CF Group Management, Inc. 的有投票权的股份出售,这导致报告人不再对 Sponsor 的 580,000 股 A 类普通股6,000,000 股 B 类普通股 享有受益所有权,Cantor Equity Partners II, Inc. (CEPT)。CFGM 的投票股的总销售价格为 $200,000。该备案指出,B 类股在初始业务合并时或持有人的选择下,一股一股地转换为 A 类股。该报告否认除金钱权益之外的任何受益所有权。
Positive
  • Transaction disclosed publicly, including aggregate sale price of $200,000, supporting transparency
  • Filing clarifies that Class B shares convert one-for-one into Class A shares, explaining future share count mechanics
Negative
  • Reporting person no longer beneficial owner of Sponsor-held 580,000 Class A and 6,000,000 Class B shares, representing a governance/control change
  • Large founder-share transfer (total 6,580,000 shares) may alter voting dynamics ahead of the initial business combination

Insights

TL;DR: Transfer of voting shares removed a longstanding trustee's indirect control over sponsor-held founder shares.

The transaction closed on 10/06/2025 and transferred voting control of CF Group Management, Inc., the managing general partner of CFLP, which indirectly held 580,000 Class A and 6,000,000 Class B shares in CEPT. That removes the reporting person’s indirect beneficial ownership of those sponsor-held shares.

This change affects who controls sponsor voting rights ahead of the company's initial business combination; investors should note the governance shift and monitor any subsequent disclosures about who now controls CFGM or exercises the sponsor’s voting power over the 6,580,000 aggregate shares.

TL;DR: Filing documents a related-party sale priced at $200,000 and clarifies conversion mechanics for founder shares.

The Form 4 states the aggregate sale price for the voting shares of CFGM was $200,000, and confirms the Sponsor’s Class B founder shares convert one-for-one into Class A shares at the business combination. The reporting person disclaims beneficial ownership beyond any pecuniary interest.

This is a material insider disposition in terms of voting control rather than an ordinary open-market sale of listed shares; look for follow-up SEC filings or Form 3/4s naming the acquiring trusts or their controller for full ownership transparency in the near term.

Su 10/06/2025, Howard W. Lutnick ha riportato la vendita delle azioni di voto di CF Group Management, Inc., il che ha comportato che la persona riportante non detenga più proprietà beneficiaria delle azioni ordinarie di Classe A 580.000 e delle azioni ordinarie di Classe B 6.000.000 di Cantor Equity Partners II, Inc. (CEPT). Il prezzo totale di vendita delle azioni di voto di CFGM è stato $200,000. La documentazione indica che le azioni di Classe B si convertono una per una in azioni di Classe A al momento della combinazione aziendale iniziale o a scelta del detentore. Il rapporto esclude qualsiasi proprietà benefica oltre a interessi pecuniari.
El 10/06/2025, Howard W. Lutnick informó la venta de las acciones con derecho de voto de CF Group Management, Inc., lo que resultó en que la persona que reporta ya no tenga propiedad beneficiosa de las 580,000 acciones ordinarias de Clase A y de las 6,000,000 acciones ordinarias de Clase B de Cantor Equity Partners II, Inc. (CEPT). El precio agregado de venta de las acciones con derecho de voto de CFGM fue $200,000. El expediente señala que las acciones de Clase B se convierten una a una en acciones de Clase A al momento de la combinación comercial inicial o a elección del titular. El informe declina cualquier propiedad beneficiosa más allá de cualquier interés pecuniario.
10/06/2025에 Howard W. Lutnick가 CF Group Management, Inc.의 의결권 주식 매각을 보고했습니다. 그 결과 보고자가 Cantor Equity Partners II, Inc. (CEPT)의 스폰서의 580,000 클래스 A 일반주6,000,000 클래스 B 일반주의 실질적 소유권을 더 이상 보유하지 않게 되었습니다. CFGM의 의결권 주식의 총 매각 가격은 $200,000였습니다. 신고서는 클래스 B 주식이 초기 사업 결합 시점 또는 보유자의 선택에 따라 1대1로 클래스 A로 전환된다고 명시합니다. 이 보고서는 금전적 이익을 초과하는 실질적 소유권을 부인합니다.
Le 10/06/2025, Howard W. Lutnick a déclaré la vente des actions avec droit de vote de CF Group Management, Inc., ce qui a entraîné que la personne faisant rapport ne détienne plus de propriété bénéficiaire des actions ordinaires de Classe A 580 000 actions et des actions ordinaires de Classe B 6 000 000 actions de Cantor Equity Partners II, Inc. (CEPT). Le prix de vente total des actions avec droit de vote de CFGM était $200,000. Le dossier indique que les actions de Classe B se convertissent une à une en actions de Classe A lors de la première combinaison commerciale ou à l’option du détenteur. Le rapport déclare ne détenir aucune propriété bénéficiaire au-delà de tout intérêt pécuniaire.
Am 10/06/2025 meldete Howard W. Lutnick den Verkauf der stimmberechtigten Aktien der CF Group Management, Inc., was dazu führte, dass die meldende Person keine wirtschaftliche Eigentümerschaft mehr an den Sponsor-Aktien 580.000 Class A Stamaktien und 6,000,000 Class B Stamaktien von Cantor Equity Partners II, Inc. (CEPT) besitzt. Der aggregierte Verkaufspreis für die stimmberechtigten Aktien von CFGM betrug $200,000. Die Einreichung vermerkt, dass die Class B-Aktien bei der ursprünglichen Geschäftsverbindung oder nach Wahl des Inhabers eins zu eins in Class A-Aktien umgewandelt werden. Der Bericht bestreitet jegliche wirtschaftliche Eigentümerschaft jenseits von Geldinteressen.
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
X
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 HOWARD W

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

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Cantor Equity Partners II, Inc. [ CEPT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
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 S 580,000 D (1) 0 I See Footnote(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 S 6,000,000 (2) (2) Class A ordinary shares 6,000,000 (1) 0 I See Footnote(3)
Explanation of Responses:
1. On October 6, 2025, the reporting person, in his capacity as trustee of a trust, closed the sale to trusts controlled by Brandon G. Lutnick of all of the voting shares of CF Group Management, Inc. ("CFGM"), which is the managing general partner of Cantor Fitzgerald, L.P. ("CFLP"). CFLP is the sole member of Cantor EP Holdings II, LLC (the "Sponsor"). The Sponsor is the direct owner of 580,000 Class A ordinary shares of Cantor Equity Partners II, Inc. (the "Company"), par value $0.0001 per share (the "Class A Ordinary Shares"), and 6,000,000 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 no longer has beneficial ownership of the 580,000 Class A Ordinary Shares and 6,000,000 Class B Ordinary Shares held by the Sponsor. The aggregate sale 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. 333-285681) 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 was the trustee of CFGM's sole stockholder prior to the transaction described in footnote (1). 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/ Howard 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 Howard W. Lutnick report on Form 4 for CEPT?

He reported that on 10/06/2025 the sale of voting shares of CF Group Management, Inc. resulted in him no longer having beneficial ownership of 580,000 Class A and 6,000,000 Class B shares.

How much was the aggregate sale price disclosed in the Form 4 (CEPT)?

The filing discloses an aggregate sale price of $200,000 for the voting shares of CFGM.

Do the Class B ordinary shares convert to Class A shares?

Yes. The Form 4 references the registration statement: Class B ordinary shares convert on a one-for-one basis into Class A ordinary shares at the initial business combination or at the holder's option.

Who held the reported shares prior to the transaction?

The Sponsor, Cantor EP Holdings II, LLC, was the record holder of the 580,000 Class A and 6,000,000 Class B shares; CFLP is the sole member of the Sponsor and CFGM was the managing general partner.

Does the Form 4 claim Mr. Lutnick still beneficially owns those shares?

No. The filing states the reporting person no longer has beneficial ownership of the Sponsor-held shares and disclaims beneficial ownership beyond any pecuniary interest.

Will the sale affect CEPT's share count?

Not directly. The filing documents a change in beneficial ownership and voting control of sponsor-held shares; conversion of Class B to Class A occurs under the previously disclosed conversion mechanics, which could affect share counts at the initial business combination.
Cantor Equity Partners Ii Inc.

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