Newmark chair disposes 59,601 shares to company
NEWMARK GROUP, INC. director and officer Stephen M. Merkel disposed of 59,601 shares of Class A common stock on February 25, 2026 through a repurchase by the company at approximately $14.65 per share.
Rhea-AI Filing Summary
NEWMARK GROUP, INC. director and officer Stephen M. Merkel disposed of 59,601 shares of Class A common stock on February 25, 2026 through a repurchase by the company at approximately $14.65 per share. This was conducted under Newmark’s stock buyback authorization and approved by the Audit and Compensation Committees.
Following the transaction, Merkel reported no directly held shares, but still reported indirect holdings, including 2,901 shares held in trusts for his immediate family and 11,506 shares held in his 401(k) account as of January 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock, par value $0.01 per share | 59,601 | $14.65 | $873K |
| holding | Class A Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Class A Common Stock, par value $0.01 per share | -- | -- | -- |
Footnotes (3)
- F1. On February 25, 2026, Newmark Group, Inc. (the "Company") repurchased an aggregate of 59,601 shares of its Class A common stock, par value $0.01 per share ("Class A Common Stock"), from 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 February 25, 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. Represents shares of Class A Common Stock held in trusts for the benefit of the reporting person's immediate family, of which the reporting person's spouse is the sole trustee of each trust.
- F3. Represents shares of Class A Common Stock held in the reporting person's 401(k) account as of January 30, 2026.
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