Form 4: Newmark Group Director Kyle Lutnick Reports Changes in Beneficial Ownership

Director Kyle Lutnick reports stock vesting and tax withholding impacting his holdings of Newmark Group, Inc. Class A Common Stock.

Summary

• On March 15, 2025, Kyle Lutnick, a director at Newmark Group, Inc., had 1,606 restricted stock units (RSUs) vest, which converted into Class A Common Stock.
• The company withheld 734 shares of Class A Common Stock for taxes related to the vesting of these RSUs at a price of $12.4 per share.
• The remaining 872 shares were issued to Lutnick.
• Following these transactions, Lutnick directly holds 5,331 shares of Class A Common Stock.
• Lutnick also indirectly holds 4,492 shares in a custodial account and 249 shares in a 401(k) account.
• Additionally, Lutnick holds 3,817 unvested RSUs, with vesting schedules extending into the future.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider transactions, with no inherent positive or negative implications for the company's performance.

Future Outlook

The reporting person holds unvested RSUs that will vest over the next several years, contingent on continued service to the company.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard part of regulatory compliance for publicly traded companies.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects changes in insider ownership.

Key Dates