Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

BGC Group, Inc. Director's Dealing 2025

Feb 21, 2025

31094_dirs_2025-02-21_0990d47c-64c0-41e5-8630-244fc8a65ab3.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: BGC Group, Inc. (BGC)
CIK: 0001094831
Period of Report: 2025-02-21

Reporting Person: Lutnick Brandon (Director)

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock, par value $0.01 per share 8758 Direct
Class A Common Stock, par value $0.01 per share 1974316 Indirect
Class B Common Stock, par value $0.01 per share 4119184 Indirect

Footnotes

F1: Consists of 8,758 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock"), of BGC Group, Inc. (the "Company") held in a custodial account for the benefit of the reporting person under the Uniform Gifts to Minors Act.

F2: Consists of 1,974,316 shares of Class A Common Stock held indirectly, consisting of (i) 600,938 shares of Class A Common Stock held by KBCR Management Partners, LLC ("KBCR") of which the reporting person is the manager, (ii) 50,240 shares of Class A Common Stock held by LFA LLC ("LFA") of which the reporting person is the manager, (iii) 792,598 shares of Class A Common Stock held by various trust accounts (the "Descendants Trusts") of which the reporting person is trustee with decision making control, and (iv) 530,540 shares of Class A Common Stock held by various trust accounts (together with the Descendants Trusts, the "Trusts") of which the reporting person is trustee with decision making control.

F3: Consists of 4,119,184 shares of the Company's Class B Common Stock held indirectly, consisting of (i) 1,610,182 shares of Class B common stock, par value $0.01 per share, of the Company ("Class B Common Stock") held by a limited liability company (the "LLC Holder") of which the reporting person is the manager, (ii) 2,335,967 shares of Class B Common Stock held by KBCR, and (iii) 173,035 shares of Class B Common Stock held by LFA.

F4: The shares of Class B Common Stock are convertible at any time on a one-for-one basis (subject to adjustment) into shares of Class A Common Stock.

F5: Shares of Class A Common Stock and Class B Common Stock held by LLC Holder, KBCR, LFA, and the Trusts are included on this report because of the reporting person's position as the manager or trustee of each entity as described in Footnote 2 and 3 above. The reporting person disclaims beneficial ownership of all securities held by LLC Holder, KBCR, LFA, and the Trusts in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or for any other purpose.