Newmark CEO sells 300,000 shares to company
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
NEWMARK GROUP, INC. CEO Barry M Gosin disposed of 300,000 Class A Common shares on July 29, 2026, in a repurchase by the company at $14.89 per share. After the transaction he directly held 3,599,995 shares. The shares were held by the Gosin Family Foundation, with proceeds expected for charitable purposes; the deal was approved under the company’s stock buyback authorization and is exempt under Rule 16b-3.
Insider Trade Summary
Disposition: 300,000 shares
Disposition
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 | 300,000 | $14.89 | $4.47M |
Holdings After Transaction:
Class A Common Stock, par value $0.01 per share — 3,599,995 shares (Direct)
Footnotes (1)
- F1. On July 29, 2026, Newmark Group, Inc. (the "Company") repurchased an aggregate of 300,000 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 July 29, 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. The shares were held by the Gosin Family Foundation and the proceeds are expected to be used for the foundation's charitable purposes.
Key Figures
Shares disposed: 300,000 shares
Sale price per share: $14.89
Shares owned after transaction: 3,599,995 shares
+1 more
4 metrics
Shares disposed
300,000 shares
Disposition to issuer on July 29, 2026
Sale price per share
$14.89
Closing price per share on July 29, 2026
Shares owned after transaction
3,599,995 shares
Direct holdings of Barry M Gosin after disposition
Rule 16b-3 status
Exempt
Repurchase approved under stock buyback authorization and exempt pursuant to Rule 16b-3
Key Terms
Rule 16b-3, stock buyback authorization, Nasdaq Global Select Market, Class A common stock
4 terms
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.
stock buyback authorization financial
"approved by the Audit Committee and Compensation Committee 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.
Nasdaq Global Select Market financial
"the closing price per share on the Nasdaq Global Select Market on July 29, 2026"
A Nasdaq Global Select Market listing is the highest tier of stocks on the Nasdaq exchange, reserved for companies that meet the strictest financial, reporting and governance standards. For investors, it acts like a premium quality label—signaling larger, more transparent and better-governed companies that tend to offer greater liquidity and lower perceived risk compared with lower-tier listings, making it easier to buy, sell and evaluate shares.
Class A common stock financial
"repurchased an aggregate of 300,000 shares of its Class A common stock, par value $0.01"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Newmark Group (NMRK) report for Barry M Gosin?
Barry M Gosin disposed of 300,000 Newmark Class A Common shares on July 29, 2026 in a company repurchase at $14.89 per share. The shares were bought back directly by Newmark Group, Inc., rather than sold on the open market.
Was Barry M Gosin’s Newmark Group (NMRK) transaction part of a company buyback program?
Yes. The repurchase was conducted under Newmark’s stock buyback authorization and approved by its Audit Committee and Compensation Committee. The filing also notes that the transaction is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
AI-generated analysis. How Rhea-AI works. Not financial advice.
