---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-096611"
form_type: "8-K"
ticker: "BGC"
cik: "0001094831"
company_name: "BGC Group, Inc."
filed_at: "2025-10-06T23:59:59+00:00"
generated_at: "2026-05-17T04:32:42.613598+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Howard Lutnick completes divestiture of BGC holdings; control shifts to Brandon Lutnick trusts

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-096611
- form_type: 8-K
- ticker: BGC
- cik: 0001094831
- company_name: BGC Group, Inc.
- filed_at: 2025-10-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1094831/000121390025096611/0001213900-25-096611-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1094831/000121390025096611/ea0260087-8k_bgcgroup.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-096611
- JSON: https://secwatch.observer/filing/0001213900-25-096611.json
- Plain text: https://secwatch.observer/filing/0001213900-25-096611.txt

## Source-grounded claims
- claim_id: d3895a8f49df7943c8fe4f668ddadaec0bbc494d
  claim: BGC Group, Inc. underwent a change of control involving Brandon G. Lutnick (closed 2025-10-06).
  evidence_excerpt: 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:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1094831/000121390025096611/0001213900-25-096611-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.