Newmark COO sells 16,448 shares at $14.19

Rhea-AI Filing Summary

NEWMARK GROUP, INC. (NMRK) reported that Chief Operating Officer Luis Alvarado returned 16,448 shares of Class A common stock to the company on September 16, 2026 in a disposition to the issuer. The sale price per share equaled the Class A closing price on the Nasdaq Global Select Market that day and the transaction was carried out under Newmark’s stock buyback authorization, approved by the Audit and Compensation Committees and exempt under Rule 16b-3. Following this transaction, Alvarado beneficially owns 7,917 Class A shares, consisting of 2,640 shares held directly and 5,277 restricted stock awards scheduled to vest in equal installments on September 1, 2027 and 2028, subject to continued substantial service.

Insider Trade Summary

Disposition: 16,448 shares

Disposition 1 txn

Insider ALVARADO LUIS

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Disposition	Class A Common Stock, par value $0.01 per share F1, F2	16,448	$14.19	$233K

Holdings After Transaction: Class A Common Stock, par value $0.01 per share — 7,917 shares (Direct)

Footnotes (2)

1. F1. On September 16, 2026, Newmark Group, Inc. (the "Company") repurchased an aggregate of 16,448 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 September 16, 2026. The transaction was approved by the Audit Committee and Compensation Committee of the Company pursuant to the Company's stock buyback authorization and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
2. F2. Consists of (i) 2,640 shares of Class A Common Stock held directly and (ii) 5,277 shares of Class A Common Stock received as restricted stock awards that vest ratably on each of September 1, 2027 and 2028, provided that the reporting person is still providing substantial services for the Company or any of its affiliates through the applicable vesting date.

Key Figures

Shares disposed to issuer: 16,448 shares Reported price per share: $14.19 per share Shares beneficially owned after transaction: 7,917 shares +3 more

6 metrics

Shares disposed to issuer 16,448 shares Class A common stock repurchased by Newmark from COO on September 16, 2026

Reported price per share $14.19 per share Disposition of Class A common stock on September 16, 2026

Shares beneficially owned after transaction 7,917 shares COO’s Class A common stock position following the September 16, 2026 disposition

Directly held shares after transaction 2,640 shares Portion of COO’s post-transaction beneficial ownership held outright

Restricted stock awards outstanding 5,277 shares Class A restricted stock awards vesting in 2027 and 2028, subject to service

Vesting dates for restricted stock September 1, 2027 and September 1, 2028 Two equal vesting installments for 5,277 restricted shares

Key Terms

Disposition to issuer, stock buyback authorization, Rule 16b-3, restricted stock awards, +1 more

5 terms

Disposition to issuer financial

"The transaction is reported as a disposition to the issuer"

stock buyback authorization financial

"approved ... pursuant to the Company's stock buyback authorization"

A stock buyback authorization is formal approval from a company’s board to repurchase its own shares from the market up to a specified amount. It matters to investors because buying back shares reduces the number of shares outstanding, which can raise each remaining share’s claim on profits and often signals management believes the stock is undervalued; like a bakery pulling some vouchers out of circulation to increase the value of the rest, it can boost per-share results but also uses company cash.

Rule 16b-3 regulatory

"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 awards financial

"5,277 shares of Class A Common Stock received as restricted stock awards"

Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.

beneficially owned financial

"Class A common stock ... beneficially owned by the reporting person"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NMRK’s Chief Operating Officer report on this Form 4?

Luis Alvarado, Chief Operating Officer of Newmark Group, Inc. (NMRK), reported a disposition of 16,448 shares of Class A common stock on September 16, 2026. The shares were repurchased by the company in a transaction classified as a disposition to the issuer.

At what price did Newmark (NMRK) repurchase shares from the COO?

The sale price per share equaled the closing price of Newmark’s Class A common stock on the Nasdaq Global Select Market on September 16, 2026. The Form 4 also reports a transaction price field of $14.19 per share for this repurchase.

How many NMRK shares does the COO beneficially own after this transaction?

After the September 16, 2026 transaction, Luis Alvarado beneficially owns 7,917 shares of Newmark Class A common stock. This consists of 2,640 shares held directly and 5,277 restricted stock awards subject to future vesting conditions.

When do the COO’s restricted Newmark (NMRK) shares vest?

The filing states that 5,277 restricted shares of Newmark Class A common stock vest ratably on September 1, 2027 and September 1, 2028, provided Luis Alvarado continues to provide substantial services to Newmark or its affiliates through each vesting date.

Was the NMRK COO’s share disposition under a Rule 10b5-1 trading plan?

No Rule 10b5-1 plan is indicated. The document-level checkbox is not marked as a Rule 10b5-1 plan, and the footnote explains the transaction occurred under Newmark’s stock buyback authorization with committee approvals and an exemption under Rule 16b-3.

Who approved the repurchase of shares from the NMRK COO?

The filing states the repurchase of 16,448 shares from Luis Alvarado was approved by the Audit Committee and Compensation Committee of Newmark Group, Inc., and was conducted pursuant to the company’s stock buyback authorization and exempt under Rule 16b-3.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/17/2026 - 04:11 PM Accepted by SEC EDGAR 09/17/2026 - 04:10 PM Learn about SEC filing dates

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^*

ALVARADO LUIS

(Last) (First) (Middle)

C/O NEWMARK GROUP, INC.

125 PARK AVENUE

(Street)

NEW YORK NEW YORK 10017

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NEWMARK GROUP, INC. [ NMRK ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

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

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

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

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	09/16/2026		D		16,448(1)	D	$14.19	7,917(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. On September 16, 2026, Newmark Group, Inc. (the "Company") repurchased an aggregate of 16,448 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 September 16, 2026. The transaction was approved by the Audit Committee and Compensation Committee of the Company pursuant to the Company's stock buyback authorization and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

2. Consists of (i) 2,640 shares of Class A Common Stock held directly and (ii) 5,277 shares of Class A Common Stock received as restricted stock awards that vest ratably on each of September 1, 2027 and 2028, provided that the reporting person is still providing substantial services for the Company or any of its affiliates through the applicable vesting date.

	/s/ Luis Alvarado	09/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)