Newmark Group (NMRK) chair sells 59,601 shares in company buyback
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEWMARK GROUP, INC. director and officer Stephen M. Merkel disposed of 59,601 shares of Class A common stock on February 25, 2026 through a repurchase by the company at approximately $14.65 per share. This was conducted under Newmark’s stock buyback authorization and approved by the Audit and Compensation Committees.
Following the transaction, Merkel reported no directly held shares, but still reported indirect holdings, including 2,901 shares held in trusts for his immediate family and 11,506 shares held in his 401(k) account as of January 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MERKEL STEPHEN M
Role
Chairman of the Board & CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock, par value $0.01 per share | 59,601 | $14.65 | $873K |
| holding | Class A Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Class A Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock, par value $0.01 per share — 0 shares (Direct);
Class A Common Stock, par value $0.01 per share — 2,901 shares (Indirect, By various trusts)
Footnotes (1)
- On February 25, 2026, Newmark Group, Inc. (the "Company") repurchased an aggregate of 59,601 shares of its Class A common stock, par value $0.01 per share ("Class A Common Stock"), from the reporting person. The sale price per share was the closing price per share of a share of the Class A Common Stock on the Nasdaq Global Select Market on February 25, 2026. The transaction was approved by the Audit Committee and Compensation Committee of the Company pursuant to the Company's stock buyback authorization and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. Represents shares of Class A Common Stock held in trusts for the benefit of the reporting person's immediate family, of which the reporting person's spouse is the sole trustee of each trust. Represents shares of Class A Common Stock held in the reporting person's 401(k) account as of January 30, 2026.
FAQ
What insider transaction did Newmark Group (NMRK) report for Stephen M. Merkel?
Newmark Group reported that Stephen M. Merkel disposed of 59,601 Class A shares in a company repurchase. The buyback occurred on February 25, 2026 under Newmark’s stock buyback authorization and was approved by the Audit and Compensation Committees.
How are Stephen M. Merkel’s indirect Newmark Group (NMRK) holdings structured?
Indirect holdings include 2,901 Class A shares in trusts benefiting his immediate family, where his spouse is sole trustee, and 11,506 shares in his 401(k) account. The filing clarifies these as separate from any directly owned shares reported as disposed.