Newmark Group withholds 7,293 CFO shares for taxes
The reported post-transaction position includes RSUs granted under the 2022 Employment Agreement.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Newmark Group, Inc. (NMRK) Chief Financial Officer Michael J. Rispoli had 14,285 restricted stock units vest on October 1, 2026. The company withheld 7,293 Class A shares for taxes and issued the remaining 6,992 shares to him; the reported price was $12.65 per share. His reported post-transaction position was 664,924 shares, including 100,664 shares held directly and RSUs representing 357,130 and 207,130 shares.
Insider Trade Summary
Tax Withholding: 7,293 shares
Tax Withholding
1 txn
Insider
Rispoli Michael J.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock, par value $0.01 per share F1, F2 | 7,293 | $12.65 | $92K |
Holdings After Transaction:
Class A Common Stock, par value $0.01 per share — 664,924 shares (Direct)
Footnotes (2)
- F1. On October 1, 2026, pursuant to the vesting schedule of the restricted stock units ("RSUs") granted under the reporting person's employment agreement (the "2022 Employment Agreement"), which each represent a contingent right to receive one share of Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of Newmark Group, Inc. (the "Company"), 14,285 RSUs became vested and issuable as shares of Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 7,293 shares of Class A Common Stock for taxes. The remaining 6,992 shares of Class A Common Stock were issued to the reporting person.
- F2. Consists of 100,664 shares of Class A Common Stock held directly following the vesting described in Footnote 1. Also consists of (i) 357,130 shares of Class A Common Stock of the Company represented by RSUs granted in connection with the 2022 Employment Agreement, divided into five tranches of 100,000 RSUs each that vest in 1/7 increments on a seven-year schedule, one of which vests on October 1 of each year commencing October 1, 2023, and the remaining four of which vest on March 15 of each year commencing on each of March 15, 2024, 2025, 2026, and 2027, and (ii) 207,130 shares of Class A Common Stock of the Company represented by RSUs granted in connection with the 2022 Employment Agreement, divided into five tranches of 50,000 RSUs each that vest in 1/7 increments on March 15 of each year commencing on each of March 15, 2024, 2025, 2026, 2027 and 2028.
Key Figures
RSUs vested: 14,285 RSUs
Shares withheld for taxes: 7,293 shares
Shares issued: 6,992 shares
+5 more
8 metrics
RSUs vested
14,285 RSUs
Vested October 1, 2026
Shares withheld for taxes
7,293 shares
Withheld by the company upon vesting
Shares issued
6,992 shares
Issued to Michael J. Rispoli upon vesting
Reported transaction price
$12.65 per share
October 1, 2026 transaction
Reported position following transaction
664,924 shares
Following the October 1, 2026 transaction
Directly held shares
100,664 shares
Following the vesting described in the footnote
Shares represented by RSUs
357,130 shares
Granted in connection with the 2022 Employment Agreement
Shares represented by RSUs
207,130 shares
Granted in connection with the 2022 Employment Agreement
Key Terms
RSUs, vesting schedule, tranches
3 terms
RSUs technical
"14,285 RSUs became vested and issuable as shares"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vesting schedule technical
"pursuant to the vesting schedule of the restricted stock units"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
tranches technical
"divided into five tranches of 100,000 RSUs each"
Tranches are portions or slices of a larger financing deal—such as a loan, bond issue, or equity round—that are released at different times or under different conditions. For investors they matter because each tranche can carry different risk, interest or payout terms and may be paid only if certain targets are met; think of funding as slices of a cake handed out as progress is made.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were Michael J. Rispoli's reported NMRK holdings after the October 2026 transaction?
His reported post-transaction position was 664,924 shares. This included 100,664 shares held directly, plus RSUs representing 357,130 shares and 207,130 shares under the 2022 Employment Agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
