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350,727 RSUs granted to BGC Group (BGC) Co-CEO John J. Abularrage

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ABULARRAGE JOHN J. reported acquisition or exercise transactions in this Form 4 filing.

BGC Group, Inc. reported that Co-Chief Executive Officer John J. Abularrage received a grant of 350,727 restricted stock units (RSUs) under the company’s Long Term Incentive Plan. Each RSU represents the right to receive one share of Class A common stock if conditions are met.

The RSUs vest in equal installments on each of the first through fifth anniversaries of April 1, 2026, if he continues substantially providing services and if the company and its affiliates generate at least $5 million in revenue in the quarter of vesting. After this grant, he beneficially owns 832,072 Class A shares and RSUs in total.

Positive

  • None.

Negative

  • None.

Insights

Routine multi-year RSU grant to BGC’s Co-CEO, tied to service and revenue.

The grant of 350,727 RSUs to BGC Group’s Co-CEO is a standard equity compensation award under the Long Term Incentive Plan. It vests over five years, aligning a significant portion of his compensation with future company performance and continued service.

Vesting each year requires that the company and affiliates generate at least $5 million in revenue for the applicable quarter, adding a performance hurdle. Following the grant, his beneficial ownership rises to 832,072 Class A shares and RSUs, indicating a substantial ongoing equity stake.

Insider ABULARRAGE JOHN J.
Role Co-Chief Executive Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock, par value $0.01 per share 350,727 $0.00 --
Holdings After Transaction: Class A Common Stock, par value $0.01 per share — 832,072 shares (Direct)
Footnotes (1)
  1. On April 1, 2026, BGC Group, Inc. (the "Company") granted the reporting person 350,727 restricted stock units ("RSUs") under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). The RSUs shall vest ratably on each of the first (1st) through fifth (5th) anniversaries of April 1, 2026, provided the reporting person is substantially providing services to the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company, inclusive of its affiliates generating at least $5 million in revenue for the quarter in which the vesting occurs. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. Includes 147,702 shares of Class A Common Stock held directly. Also includes 333,643 RSUs, of which (i) 172,543 RSUs will vest on March 15, 2027, (ii) 64,062 RSUs will vest on March 15, 2028, (iii) 64,060 RSUs will vest on March 15, 2029, and (iv) 32,978 RSUs will vest on March 15, 2030, in each case provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date.
RSU grant size 350,727 RSUs Granted on April 1, 2026 to Co-CEO under Long Term Incentive Plan
Post-grant beneficial ownership 832,072 shares/RSUs Total Class A common stock and RSUs following the transaction
Direct share holdings 147,702 shares Class A common stock held directly by the Co-CEO
Existing RSUs 333,643 RSUs Previously granted RSUs with vesting dates from 2027 to 2030
Quarterly revenue condition $5 million Minimum revenue per quarter required for each vesting tranche
2027 RSU vesting 172,543 RSUs RSUs scheduled to vest on March 15, 2027, subject to service
2028 RSU vesting 64,062 RSUs RSUs scheduled to vest on March 15, 2028, subject to service
2029 RSU vesting 64,060 RSUs RSUs scheduled to vest on March 15, 2029, subject to service
restricted stock units ("RSUs") financial
"granted the reporting person 350,727 restricted stock units ("RSUs") under the BGC Group, Inc. Long Term Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Long Term Incentive Plan financial
"granted the reporting person 350,727 restricted stock units ("RSUs") under the BGC Group, Inc. Long Term Incentive Plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
vest ratably financial
"The RSUs shall vest ratably on each of the first (1st) through fifth (5th) anniversaries of April 1, 2026"
Rule 16b-3 regulatory
"The grant was approved by the Compensation Committee ... and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934"
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.
beneficially owns financial
"Includes 147,702 shares of Class A Common Stock held directly"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ABULARRAGE JOHN J.
(Last)(First)(Middle)
499 PARK AVENUE
(Street)
NEW YORK NEW YORK 10022
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
BGC Group, Inc. [ BGC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Co-Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock, par value $0.01 per share04/01/2026A350,727A(1)832,072(1)(2)(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On April 1, 2026, BGC Group, Inc. (the "Company") granted the reporting person 350,727 restricted stock units ("RSUs") under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). The RSUs shall vest ratably on each of the first (1st) through fifth (5th) anniversaries of April 1, 2026, provided the reporting person is substantially providing services to the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company, inclusive of its affiliates generating at least $5 million in revenue for the quarter in which the vesting occurs. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
2. Includes 147,702 shares of Class A Common Stock held directly.
3. Also includes 333,643 RSUs, of which (i) 172,543 RSUs will vest on March 15, 2027, (ii) 64,062 RSUs will vest on March 15, 2028, (iii) 64,060 RSUs will vest on March 15, 2029, and (iv) 32,978 RSUs will vest on March 15, 2030, in each case provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date.
/s/ John J. Abularrage04/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What equity award did BGC (BGC) grant to Co-CEO John J. Abularrage?

BGC Group granted Co-CEO John J. Abularrage 350,727 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A common stock if the vesting and revenue conditions set in the award are satisfied.

How do the new RSUs granted to BGC’s Co-CEO vest over time?

The 350,727 RSUs vest ratably over five years, on each of the first through fifth anniversaries of April 1, 2026. Vesting requires continued substantial service to BGC Group or its affiliates and satisfaction of a quarterly revenue condition.

What revenue condition applies to the BGC (BGC) Co-CEO’s RSU vesting?

For each vesting date, BGC Group and its affiliates must generate at least $5 million in revenue in the quarter in which vesting occurs. If this revenue hurdle is not met for a given quarter, the related RSU tranche would not vest under the disclosed terms.

How many BGC Group shares and RSUs does the Co-CEO own after this grant?

After the grant, John J. Abularrage beneficially owns 832,072 Class A shares and RSUs in total. This includes 147,702 shares of Class A common stock held directly and 333,643 previously granted RSUs with scheduled vesting dates between 2027 and 2030.

Who approved the RSU grant to BGC (BGC) Co-CEO John J. Abularrage?

The grant of 350,727 RSUs was approved by the Compensation Committee of BGC Group’s Board of Directors. The award is described as exempt under Rule 16b-3 of the Securities Exchange Act, which governs certain insider transactions.

What are the existing RSU vesting dates previously granted to the BGC Co-CEO?

Abularrage already held 333,643 RSUs, scheduled to vest as follows: 172,543 on March 15, 2027, 64,062 on March 15, 2028, 64,060 on March 15, 2029, and 32,978 on March 15, 2030, subject to continued exclusive service.