AUBIN JEAN-PIERRE 4
4 · BGC Group, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
BGC CEO Jean‑Pierre Aubin Receives RSU Award; 14,392 Shares Withheld
What Happened Jean‑Pierre Aubin, Chief Executive Officer of BGC Group, was granted 78,456 restricted stock units (RSUs) effective April 1, 2025. On March 15, 2026 a portion of those RSUs vested and the company withheld 14,392 shares to cover taxes (withholding reported as a disposition at $9.57 per share, totaling $137,731). The balance of vested shares delivered to Aubin was 14,976 shares. This was an RSU award with routine tax withholding, not an open‑market sale or purchase.
Key Details
- Grant date and filing: RSU award effective April 1, 2025 (Form 4 filed March 16, 2026). The filing indicates late reporting (transactionTimeliness = 'L').
- Vesting and withholding (March 15, 2026): 14,392 shares withheld for taxes at $9.57/share = $137,731; 14,976 shares issued to Aubin.
- Shares/units held after transaction: 581,190 shares of Class A common stock held directly; 604,515 RSUs outstanding per the filing.
- Vesting conditions and schedule (from footnotes): the RSUs carry multi‑year vesting schedules and are generally subject to continued service and a revenue condition (Company must generate at least $5M gross revenue in the quarter in which vesting occurs). Specific future vesting tranches are listed in the filing (see F1–F4).
- Transaction codes: A = Award/Grant; F = Tax withholding/Payment of tax liability (not an open‑market sale).
Context RSU grants and the associated tax‑withholding disposition are routine for executives receiving equity compensation; the withheld shares represent a payment to satisfy tax obligations rather than a market sale that signals a liquidity decision. Retail investors should note the late filing reduces near‑term transparency; otherwise this is primarily an equity compensation vesting event with ongoing contingent vesting tied to service and revenue milestones.
Insider Transaction Report
- Award
Class A Common Stock, par value $0.01 per share
[F1]2025-04-01+78,456→ 1,200,097 total - Tax Payment
Class A Common Stock, par value $0.01 per share
[F2][F3][F4]2026-03-15$9.57/sh−14,392$137,731→ 1,185,705 total
Footnotes (4)
- [F1]Effective April 1, 2025, BGC Group, Inc. (the "Company") granted the reporting person 78,456 restricted stock units ("RSUs") granted 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"). Of these RSUs, 15,692 vested on March 15, 2026, and the remainder will vest ratably one-fourth (1/4th) on each of March 15, 2027, 2028, 2029, and 2030, provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs.
- [F2]On March 15, 2026, pursuant to the vesting schedule of the RSUs previously granted to the reporting person, 29,368 RSUs became vested and issuable as shares of Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 14,392 shares of Class A Common Stock for taxes. The remaining 14,976 shares of Class A Common Stock were issued to the reporting person.
- [F3]Consists of 581,190 shares of Class A Common Stock held directly after the vesting and withholding described in Footnote 1.
- [F4]Also consists of 604,515 RSUs, of which (i) 29,368 RSUs will vest on each of March 15, 2027, 2028 and 2029, (ii) 15,688 will vest on March 15, 2030, (iii) 349,158 RSUs will vest on July 1, 2033, 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, and (iv) 151,565 RSUs will vest ratably over a period of four (4) years following the termination of the reporting person's employment with the Company.