Form 4: BGC Group Director William Dean Addas Reports Acquisition of Restricted Stock Units

Director William Dean Addas reports the acquisition of 5,046 restricted stock units (RSUs) of BGC Group, Inc.

Summary

• On September 16, 2024, William Dean Addas, a director of BGC Group, Inc., acquired 5,046 shares of Class A common stock represented by restricted stock units (RSUs).
• These RSUs were granted under the BGC Group, Inc. Long Term Incentive Plan.
• 2,523 RSUs will vest on September 16, 2025, and 2,523 RSUs will vest on September 16, 2026, contingent upon Addas continuing to serve as a director.
• Addas also holds 15,017 additional RSUs from previous grants, with vesting dates in November 2024 and July and November 2025.
• Additionally, Addas directly holds 7,142 shares of Class A Common Stock.
• Following the reported transaction, Addas beneficially owns 27,205 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock ownership changes. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The vesting of the RSUs is contingent upon the reporting person continuing to serve as a member of the Board of Directors of the Issuer on the specified dates.

Industry Context

This filing is a routine disclosure of a director's acquisition of company stock, which is common in publicly traded companies as part of executive compensation packages.

Stakeholder Impact

• The acquisition of RSUs by a director signals confidence in the company's future, which could positively influence shareholder sentiment.

Key Dates