Newmark (NASDAQ: NMRK) CEO sells shares to company, corrects 300K-share reporting error
Rhea-AI Filing Summary
Newmark Group, Inc. entered into a transaction in which the company repurchased 3,571,183 shares of its Class A Common Stock that were beneficially owned by Chief Executive Officer Barry M. Gosin. The shares were sold at $15.13 per share, equal to the closing market price on August 17, 2026, under the company’s stock buyback authorization and with approval from the Audit and Compensation Committees. Following this disposition to the issuer, Mr. Gosin directly holds 328,812 shares, a figure that also corrects prior Forms 4 by adding 300,000 shares previously omitted due to an administrative error.
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Insights
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Insider Trade Summary
Net Seller: 3,571,183 shares
Net Sell
1 txn
Insider
Gosin Barry M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock, par value $0.01 per share F1, F2 | 3,571,183 | $15.13 | $54.03M |
Holdings After Transaction:
Class A Common Stock, par value $0.01 per share — 328,812 shares (Direct)
Footnotes (2)
- F1. On August 17, 2026, Newmark Group, Inc. (the "Company") repurchased an aggregate of 3,571,183 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 17, 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.
- F2. Includes 300,000 shares held by the reporting person that were inadvertently omitted from the amount of securities beneficially owned due to an administrative error on the Forms 4 filed on December 31, 2025 and July 30, 2026. Mr. Gosin's holdings as reported on this Form 4 do not include the additional non-exchangeable partnership units issued to him under his employment agreements that have not been granted exchange rights.
Key Figures
Shares disposed to issuer: 3,571,183 shares
Sale price per share: $15.13 per share
Shares held after transaction: 328,812 shares
+1 more
4 metrics
Shares disposed to issuer
3,571,183 shares
Class A Common Stock repurchased by Newmark Group, Inc. from Barry M. Gosin on August 17, 2026
Sale price per share
$15.13 per share
Equal to the closing price on the Nasdaq Global Select Market on August 17, 2026
Shares held after transaction
328,812 shares
Direct Class A Common Stock holdings of Barry M. Gosin following the disposition
Previously omitted shares now included
300,000 shares
Shares inadvertently omitted from Forms 4 filed on December 31, 2025 and July 30, 2026
Key Terms
Disposition to issuer, Rule 16b-3, beneficially owned, stock buyback authorization
4 terms
Disposition to issuer financial
"transaction_action is described as "issuer disposition" and "Disposition to issuer""
Rule 16b-3 regulatory
"the transaction "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.
beneficially owned financial
"the Company repurchased shares "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.
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.
FAQ
What transaction did NMRK CEO Barry M. Gosin report on this Form 4?
Barry M. Gosin reported a disposition to Newmark Group, Inc. of 3,571,183 shares of Class A Common Stock. The company repurchased the shares under its stock buyback authorization, with board committee approval and treatment as a Rule 16b-3 exempt transaction.
Does this NMRK Form 4 mention any correction to Barry Gosin’s previously reported holdings?
Yes. A footnote explains that 300,000 shares held by Barry Gosin were inadvertently omitted from Forms 4 filed on December 31, 2025 and July 30, 2026. The current Form 4’s reported 328,812 shares corrects that administrative error.
Are all of Barry Gosin’s NMRK partnership units included in his reported holdings?
No. The filing states that Mr. Gosin’s reported holdings do not include additional non-exchangeable partnership units issued under his employment agreements. These units have not been granted exchange rights and are therefore excluded from this Form 4’s beneficial ownership figure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
