Lutnick Kyle 4

4 · NEWMARK GROUP, INC. · Filed Mar 16, 2026

AI-generated summary of this filing

Updated Mar 16, 2026

Newmark (NMRK) Director Kyle Lutnick RSU Vesting; 680 Shares Withheld

What Happened

Kyle Lutnick, a director of Newmark Group, had 1,501 restricted stock units (RSUs) vest on March 15, 2026. To satisfy tax withholding, the company withheld 680 shares (reported as a disposition) at $14.19 per share (total value $9,649). The remaining 821 shares were issued to Lutnick.

Key Details

Transaction date: March 15, 2026; Form 4 filed March 16, 2026 (timely — within the usual 2 business-day requirement).
Withheld (disposed) shares: 680 at $14.19 each = $9,649.
Shares issued to insider on vesting: 821.
Holdings after transaction: 6,827 shares of Class A common stock held directly (per filing) and 2,316 RSUs that vest ratably over a five-year schedule beginning March 15, 2024. Additionally, 538 shares held in his 401(k) as of March 2, 2026.
Footnote: Code F (tax withholding) — this was not an open-market sale but shares withheld by the company to cover taxes on vested RSUs.

Context

This was a routine tax-withholding disposition tied to RSU vesting (a common cashless method to satisfy tax obligations). It does not represent a discretionary sale by the insider and should be interpreted differently from a voluntary open-market sale or purchase.

Form 4

Period: 2026-03-15

Director

Transactions

Tax Payment
Class A Common Stock, par value $0.01 per share
[F1][F2]
2026-03-15$14.19/sh−680$9,649→ 9,143 total

Holdings

Class A Common Stock, par value $0.01 per share
[F3]
(indirect: See footnote)
538

Footnotes (3)

[F1]On March 15, 2026, 1,501 restricted stock units ("RSUs"), which were previously granted as compensation to the reporting person under the Newmark Group, Inc. (the "Company") Long Term Incentive Plan in connection with his previous employment by the Company, and each representing a contingent right to receive one share of Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of the Company, became vested and issuable as Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 680 shares of Class A Common Stock withheld for taxes. The remaining 821 shares of Class A Common Stock were issued to the reporting person.
[F2]Consists of 6,827 shares of Class A Common Stock held directly after the vesting and withholding described in Footnote 1 and 2,316 RSUs that vest ratably on a five-year schedule beginning on the grant date of March 15, 2024, 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.
[F3]Consists of 538 shares of the Company's Class A Common Stock held in the reporting person's 401(k) account as of March 2, 2026.

Signature

/s/ Kyle Lutnick, Director|2026-03-16

1 file