<SEC-DOCUMENT>0001437749-25-017529.txt : 20250519
<SEC-HEADER>0001437749-25-017529.hdr.sgml : 20250519
<ACCEPTANCE-DATETIME>20250519093209
ACCESSION NUMBER:		0001437749-25-017529
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250516
FILED AS OF DATE:		20250519
DATE AS OF CHANGE:		20250519

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LUTNICK HOWARD W
		CENTRAL INDEX KEY:			0001250975
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35591
		FILM NUMBER:		25961881

	MAIL ADDRESS:	
		STREET 1:		499 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BGC Group, Inc.
		CENTRAL INDEX KEY:			0001094831
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200]
		ORGANIZATION NAME:           	09 Crypto Assets
		EIN:				863748217
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		499 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-610-2200

	MAIL ADDRESS:	
		STREET 1:		499 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BGC Partners, Inc.
		DATE OF NAME CHANGE:	20080404

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ESPEED INC
		DATE OF NAME CHANGE:	19990913
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rdgdoc.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2025-05-16</periodOfReport>

    <issuer>
        <issuerCik>0001094831</issuerCik>
        <issuerName>BGC Group, Inc.</issuerName>
        <issuerTradingSymbol>BGC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001250975</rptOwnerCik>
            <rptOwnerName>LUTNICK HOWARD W</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O BGC GROUP, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>499 PARK AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isTenPercentOwner>1</isTenPercentOwner>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock, par value $0.01 per share</value>
            </securityTitle>
            <transactionDate>
                <value>2025-05-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
                <footnoteId id="F3"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5616612</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>9.2082</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock, par value $0.01 per share</value>
            </securityTitle>
            <transactionDate>
                <value>2025-05-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
                <footnoteId id="F3"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>10498490</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>9.2082</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1559403</value>
                    <footnoteId id="F7"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                    <footnoteId id="F10"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class B Common Stock, par value $0.01 per share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>8973721</value>
                    <footnoteId id="F8"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class B Common Stock, par value $0.01 per share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>100259150</value>
                    <footnoteId id="F8"/>
                    <footnoteId id="F9"/>
                    <footnoteId id="F10"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F8"/>
                    <footnoteId id="F9"/>
                    <footnoteId id="F10"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On May 16, 2025, BGC Group, Inc. (the &quot;Company&quot;) repurchased an aggregate of 16,115,102 shares of Class A common stock, par value $0.01 per share (&quot;Class A Common Stock&quot;), from the reporting person, consisting of (i) 5,616,612 shares held directly by the reporting person, and (ii) 10,498,490 shares in which the reporting person has an indirect pecuniary interest, including (a) 10,489,582 shares held in his personal asset trust, of which he is the sole trustee and (b) 8,908 shares of Class A Common Stock held by the Howard W. Lutnick Family Trust, of which he is sole trustee, to the Company in transactions exempt pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended (the &quot;Exchange Act&quot;). The sale price per share was the three-day volume weighted average price of a share of the Class A Common Stock on the Nasdaq Global Select Market on May 14, May 15, and May 16, 2025.</footnote>
        <footnote id="F2">(Continued from Footnote 1) The transactions were approved by the Audit Committee of the Company and were made pursuant to the Company's existing stock repurchase authorization.</footnote>
        <footnote id="F3">As previously reported, the reporting person stepped down from his positions with the Company, including as a director, but solely for purposes of Section 16 of the Exchange Act may continue to be deemed a &quot;director by deputization,&quot; until the closing of the divestiture transactions in Cantor Fitzgerald, L.P. (&quot;CFLP&quot;).</footnote>
        <footnote id="F4">As previously reported, the reporting person stepped down as the managing member of LFA LLC (&quot;LFA&quot;) and no longer has a reportable pecuniary interest in the shares held by LFA. 5,548 shares of Class A Common Stock and 26,052 shares of Class B Common Stock, par value $0.01 per share (&quot;Class B Common Stock&quot;), were previously reported under the reporting person's indirect pecuniary interest in relation to LFA. The reporting person disclaims beneficial ownership of such shares.</footnote>
        <footnote id="F5">As previously reported, the reporting person and his spouse stepped down as trustees for and no longer have reportable pecuniary interests in the shares held by various family and descendant trusts. 530,540 shares of Class A Common Stock were previously reported under the reporting person's indirect pecuniary interest in relation to family trusts and 792,598 shares of Class A Common Stock were previously reported under the reporting person's indirect pecuniary interest in relation to descendant trusts. The reporting person disclaims beneficial ownership of such shares.</footnote>
        <footnote id="F6">The reporting person previously reported 20,557 shares held in custodial accounts under the Uniform Gifts to Minors Act for certain members of his family who have reached the age of majority and do not live in the reporting person's household, and are therefore no longer disclosable by the reporting person. The reporting person disclaims beneficial ownership of such shares.</footnote>
        <footnote id="F7">The reporting person's indirect pecuniary interest in 1,559,403 shares of Class A Common Stock consists of (i) 600,938 shares held by KBCR Management Partners, LLC (&quot;KBCR&quot;), (ii) 293,049 held in a Keogh retirement account, (iii) 34,921 held in other retirement accounts, (iv) 9,778 shares held in retirement accounts for the reporting person's spouse, and (v) 620,717 shares of Class A Common Stock held in the reporting person's 401(k) account as May 1, 2025.</footnote>
        <footnote id="F8">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.</footnote>
        <footnote id="F9">Consists of (i) 93,340,477 shares of Class B Common Stock held by CFLP, (ii) 2,972,524 shares of Class B Common Stock held by CF Group Management, Inc. (&quot;CFGM&quot;), (iii) 2,335,967 shares of Class B Common Stock held by KBCR, and (iv) 1,610,182 shares of Class B Common Stock held by Tangible Benefits, LLC, a limited liability company (the &quot;Tangible Benefits&quot;).</footnote>
        <footnote id="F10">CFGM is the Managing General Partner of CFLP, and the reporting person is the trustee of an entity that is the sole stockholder of CFGM. KBCR is a non-managing General Partner of CFLP, and the reporting person is the sole voting member of KBCR through a trust. The reporting person is the sole voting member of Tangible Benefits through a trust. The reporting person disclaims beneficial ownership of all securities held by CFLP, CFGM, KBCR, and Tangible Benefits 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 Exchange Act, or for any other purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Howard W. Lutnick</signatureName>
        <signatureDate>2025-05-19</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
