David Richards - Aug 8, 2024 Form 4 Insider Report for BGC Group, Inc. (BGC)

Role: Director
Signature: /s/ David P. Richards
Stock symbol: BGC
Transactions as of: Aug 8, 2024
Transactions value $: -$514,919
Form type: 4
Date filed: 8/12/2024, 04:19 PM
Previous filing: Nov 16, 2023
Next filing: Sep 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BGC	Class A Common Stock, par value $0.01 per share	Disposed to Issuer	-$119K	-13.1K	-18.28%	$9.11	58.4K	Aug 8, 2024	Direct	F1, F2
transaction	BGC	Class A Common Stock, par value $0.01 per share	Sale	-$396K	-43.9K	-75.16%	$9.02	14.5K	Aug 9, 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On August 8, 2024, the reporting person sold 13,063 shares of BGC Group, Inc. (the "Company") Class A common stock, par value $0.01 per share ("Common Stock") to the Company in an exempt transaction pursuant to Rule 16b-3. The sale price per share was the closing price of the Class A common stock on August 8, 2024. The transaction was approved by the Audit Committee of the Company and was pursuant to its stock buyback authorization.
F2	Includes 14,506 Restricted Stock Units ("RSUs") granted pursuant to the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. 6,632 RSUs will vest on December 30, 2024. 3,937 RSUs will vest on November 14, 2024 and 3,937 RSUs will vest on November 14, 2025, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates.

Content

On August 8, 2024, the reporting person sold 13,063 shares of BGC Group, Inc. (the "Company") Class A common stock, par value $0.01 per share ("Common Stock") to the Company in an exempt transaction pursuant to Rule 16b-3. The sale price per share was the closing price of the Class A common stock on August 8, 2024. The transaction was approved by the Audit Committee of the Company and was pursuant to its stock buyback authorization.

Includes 14,506 Restricted Stock Units ("RSUs") granted pursuant to the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. 6,632 RSUs will vest on December 30, 2024. 3,937 RSUs will vest on November 14, 2024 and 3,937 RSUs will vest on November 14, 2025, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates.