BGC Group, Inc. (BGC): M&A transaction — Howard Lutnick completes divestiture of BGC holdings; control shifts to Brandon Lutnick trusts

BGC Group, Inc.

Transactions closed Oct 6, 2025: Purchase by Brandon Lutnick trusts of CFGM voting shares for $200,000.
CFLP bought 8,973,721 Class B shares from Howard Lutnick at $9.2082 each, less $0.032 for dividends.
Other trusts bought equity interests for $13,096,795.70; company repurchased 337,765 Class A shares.
Brandon Lutnick now beneficially owns 23.4% of common stock with 75.1% voting power; Howard Lutnick has zero ownership.
Voting and transfer agreement among family trusts became effective Oct 6, 2025.

item 5.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

BGC Group, Inc. underwent a change of control involving Brandon G. Lutnick (closed 2025-10-06).

Action: change of control
Counterparty: Brandon G. Lutnick
Closing: 2025-10-06

Exact text from the filing

The following transactions, which were previously announced in a press release on May 19, 2025 and disclosed in the Company’s Current Report on Form 8-K filed on May 19, 2025, closed on October 6, 2025:

View on SEC.gov

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BGC Group, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-096611

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