Newmark Group Files 8-K Report
Ticker: NMRK · Form: 8-K · Filed: Feb 12, 2025 · CIK: 1690680
| Field | Detail |
|---|---|
| Company | Newmark Group, INC. (NMRK) |
| Form Type | 8-K |
| Filed Date | Feb 12, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: disclosure, filing, regulation-fd
Related Tickers: NMRK
TL;DR
NEWMARK files 8-K, check for updates.
AI Summary
On February 12, 2025, Newmark Group, Inc. filed an 8-K report. The filing primarily concerns Regulation FD Disclosure and includes Financial Statements and Exhibits. No specific financial figures or material events were detailed in the provided excerpt.
Why It Matters
This filing indicates that Newmark Group, Inc. is providing updated information or disclosures to the SEC, which could contain material information for investors.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for disclosure and exhibits, with no immediate indication of negative events or significant financial changes in the provided text.
Key Players & Entities
- NEWMARK GROUP, INC. (company) — Registrant
- February 12, 2025 (date) — Date of earliest event reported
- 125 Park Avenue, New York, NY 10017 (address) — Principal executive offices
- 212-372-2000 (phone_number) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing for Newmark Group, Inc.?
The filing is a Current Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, specifically covering Regulation FD Disclosure and Financial Statements and Exhibits.
What is the exact date of the earliest event reported in this filing?
The date of the earliest event reported is February 12, 2025.
Where are Newmark Group, Inc.'s principal executive offices located?
The principal executive offices are located at 125 Park Avenue, New York, NY 10017.
What is the telephone number for Newmark Group, Inc. as listed in the filing?
The registrant's telephone number, including area code, is (212) 372-2000.
What is the state of incorporation for Newmark Group, Inc.?
Newmark Group, Inc. is incorporated in Delaware.
Filing Stats: 927 words · 4 min read · ~3 pages · Grade level 11.6 · Accepted 2025-02-12 16:57:12
Key Financial Figures
- $0.01 — which registered Class A Common Stock, $0.01 par value NMRK The Nasdaq Stock Mar
Filing Documents
- ea0230362-8k_newmark.htm (8-K) — 32KB
- ea023036201ex99-1_newmark.htm (EX-99.1) — 59KB
- 0001213900-25-013016.txt ( ) — 275KB
- nmrk-20250212.xsd (EX-101.SCH) — 3KB
- nmrk-20250212_lab.xml (EX-101.LAB) — 33KB
- nmrk-20250212_pre.xml (EX-101.PRE) — 22KB
- ea0230362-8k_newmark_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On February 7, 2025, Newmark Group, Inc. (the "Company"), the Board of Directors of the Company (the "Board") and certain executive officers of the Company (collectively, the "Defendants") entered into a Stipulation and Agreement of Compromise, Settlement, and Release (the "Settlement Agreement") with a putative class of stockholders of the Company (the "Plaintiffs") to resolve the previously disclosed stockholder derivative litigation pending in the Court of Chancery (the "Court") of the State of Delaware (Consolidated C.A. No. 2022-0687) in connection with the 2021 award of a cash bonus to the Company's Executive Chairman and the redemption and exchange of partnership units of Newmark Holdings, L.P. held by the Company's Executive Chairman and certain other officers of the Company. The Settlement Agreement is subject to approval by the Court. Under the terms of the Settlement Agreement, the settlement will be funded exclusively by insurance proceeds, which will be paid to Plaintiffs' counsel and the Company. Pursuant to the terms of the Settlement Agreement, the Plaintiffs will release the Board and executive officers from any civil claims related to the matter. The Settlement Agreement contains no admission of liability by the Board or other Defendants. The Company and other Defendants entered into the Settlement Agreement to avoid the delay, uncertainty and expense of protracted litigation. Pursuant to the Settlement Agreement, the Company is publishing the Notice of Pendency and Proposed Settlement of Derivative Action, attached hereto as Exhibit 99.1, and which will also appear on the Company's investor relations website at ir.nmrk.com. The information in this Item 7.01 and Exhibit 99.1 attached to this Current Report on Form 8-K are being furnished under Item 7.01 of Form 8-K. Such information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act
01. Financial Statements and Exhibits
ITEM 9.01. Financial Statements and Exhibits (d) Exhibits The exhibit index set forth below is incorporated by reference in response to this Item 9.01. 1 EXHIBIT INDEX Exhibit Number Description 99.1 Notice of Pendency and Proposed Settlement of Derivative Action 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. Newmark Group, Inc. Date: February 12, 2025 By: /s/ Howard W. Lutnick Name: Howard W. Lutnick Title: Executive Chairman [Signature Page to Form 8-K regarding Newmark Settlement Agreement and Notice dated February 12, 2025] 3