Jean-Pierre Aubin, Co-Chief Executive Officer of BGC Group, Inc., filed a Form 4 on August 31, 2026, disclosing that BGC Group repurchased 373,191 shares of Class A Common Stock beneficially owned by him on August 28, 2026.

Key Highlights

  • Shares disposed: 373,191 shares of Class A Common Stock, par value $0.01 per share, were disposed of on August 28, 2026.
  • Sale price: $12.12 per share, equal to the closing price on the Nasdaq Global Select Market on August 28, 2026.
  • Post-transaction ownership: Aubin beneficially owned 1,082,071 shares following the transaction.
  • Committee approval: The transaction was approved by both the Audit Committee and Compensation Committee of BGC Group's Board of Directors.
  • Exemption claimed: The filing states the transaction "is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended."
  • RSU holdings: 874,072 restricted stock units are included in the post-transaction beneficial ownership figure, subject to various vesting schedules.

BGC Group Repurchases Shares From Co-CEO Aubin at August 28 Closing Price

According to the filing, BGC Group, Inc. (NASDAQ:BGC) repurchased an aggregate of 373,191 shares of its Class A Common Stock directly from Co-Chief Executive Officer Jean-Pierre Aubin on August 28, 2026. The price per share was $12.12, described in the filing as "the closing price per share of a share of the Class A Common Stock on the Nasdaq Global Select Market on August 28, 2026." The transaction was carried out pursuant to the company's existing stock buyback authorization and received approval from both the Audit Committee and the Compensation Committee of the company's Board of Directors.

Following the transaction, Aubin is reported to beneficially own 1,082,071 shares in total, held directly. The filing notes that this figure includes 207,999 shares of Class A Common Stock held directly, as well as 874,072 restricted stock units (RSUs) previously granted under the BGC Group, Inc. Long Term Incentive Plan. These RSUs represent contingent rights to receive one share of Class A Common Stock each and carry multiple vesting schedules: portions vest on March 15 of 2027, 2028, and 2029 (29,368 RSUs each date); 15,688 RSUs vest on March 15, 2030; 349,158 RSUs vest on July 1, 2033; 269,557 RSUs vest ratably over the first through fifth anniversaries of April 1, 2026, contingent on the company generating at least $5 million in revenue for the quarter in which vesting occurs; and 151,565 RSUs vest ratably over four years following termination of Aubin's employment.

All service-based RSU vesting conditions require that the reporting person "is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date," as stated in the filing. The transaction code recorded in Table I is "D," indicating a disposition of securities.

What Was Disclosed

The Form 4 disclosed a company repurchase of 373,191 Class A Common Stock shares from Co-CEO Jean-Pierre Aubin at $12.12 per share on August 28, 2026, with post-transaction beneficial ownership of 1,082,071 shares, including 874,072 RSUs under various vesting conditions.