Rispoli Michael J. 4
4 · NEWMARK GROUP, INC. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Newmark (NMRK) CFO Michael Rispoli Withholds 32,824 Shares for Taxes
What Happened
Michael J. Rispoli, Chief Financial Officer of Newmark Group, had 64,292 restricted stock units (RSUs) vest on March 15, 2026. To cover tax withholding, the company withheld 32,824 of those shares (disposed) at an implied value of $14.19 per share, totaling approximately $465,773. The remaining 31,468 shares were issued to Rispoli.
Key Details
- Transaction date and price: March 15, 2026; 32,824 shares withheld at $14.19/share; value ≈ $465,773. (Transaction code F = tax withholding.)
- Vested vs issued: 64,292 RSUs vested; 32,824 shares withheld for taxes; 31,468 shares delivered to Rispoli.
- Shares held after transaction: 118,672 shares of Class A common stock held directly after vesting/withholding (per filing).
- Unvested RSUs remaining: 578,545 RSU-linked shares remain under the 2022 Employment Agreement (371,415 and 207,130 described in footnotes) vesting on multi-year schedules.
- Filing timeliness: Form 4 filed March 16, 2026 for a March 15, 2026 event — appears timely.
Context
This was a routine tax-withholding disposition tied to RSU vesting (company withheld shares to satisfy tax obligations). Such withholdings are common and do not reflect an open-market sale or an independent decision to reduce holdings. For investors, purchases are generally more informative about insider sentiment; this filing documents compensation vesting and tax settlement.
Insider Transaction Report
- Tax Payment
Class A Common Stock, par value $0.01 per share
[F1][F2][F3][F4]2026-03-15$14.19/sh−32,824$465,773→ 697,217 total
Footnotes (4)
- [F1]On March 15, 2026, pursuant to the vesting schedule of the restricted stock units ("RSUs") granted under the reporting person's employment agreement (the "2022 Employment Agreement"), which each represent a contingent right to receive one share of Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of Newmark Group, Inc. (the "Company"), 64,292 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 32,824 shares of Class A Common Stock for taxes. The remaining 31,468 shares of Class A Common Stock were issued to the reporting person.
- [F2]Consists of 371,415 shares of Class A Common Stock of the Company represented by RSUs granted in connection with the 2022 Employment Agreement, divided into five tranches of 100,000 RSUs each that vest in 1/7 increments on a seven-year schedule, one of which vests on October 1 of each year commencing October 1, 2023, and the remaining four of which vest on March 15 of each year commencing on each of March 15, 2024, 2025, 2026, and 2027.
- [F3]Also consists of 207,130 shares of Class A Common Stock of the Company represented by RSUs granted in connection with the 2022 Employment Agreement, divided into five tranches of 50,000 RSUs each that vest in 1/7 increments on March 15 of each year commencing on each of March 15, 2024, 2025, 2026, 2027 and 2028.
- [F4]Also consists of 118,672 shares of Class A Common Stock of the Company held directly after the vesting and withholding described in Footnote 1.