Sec Form 3 Filing - Lutnick Brandon @ BGC Group, Inc. - 2025-02-21

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Lutnick Brandon
2. Issuer Name and Ticker or Trading Symbol
BGC Group, Inc. [ BGC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
499 PARK AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
02/21/2025
(Street)
NEW YORK, NY10022
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, par value $0.01 per share 8,758 ( 1 ) D
Class A Common Stock, par value $0.01 per share 1,974,316 I See footnotes ( 2 ) ( 5 )
Class B Common Stock, par value $0.01 per share 4,119,184 I See footnotes ( 3 ) ( 4 ) ( 5 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lutnick Brandon
499 PARK AVENUE
NEW YORK, NY10022
X
Signatures
/s/ Brandon Lutnick, Director 02/21/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )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.
( 3 )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.
( 4 )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.
( 5 )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.

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