Newmark Group Files 2024 Proxy Statement
Ticker: NMRK · Form: DEF 14A · Filed: Sep 6, 2024 · CIK: 1690680
Sentiment: neutral
Topics: proxy-statement, annual-meeting, governance
TL;DR
Newmark's proxy is out for Oct 17 meeting - vote on directors & exec pay.
AI Summary
Newmark Group, Inc. filed its definitive proxy statement on September 6, 2024, for its annual meeting on October 17, 2024. The filing outlines proposals for the election of directors, executive compensation, and other corporate matters. Key details regarding executive compensation and board nominations are expected to be presented to shareholders for approval.
Why It Matters
This filing provides shareholders with crucial information to make informed voting decisions on company leadership and executive pay, impacting corporate governance and shareholder value.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) that provides information to shareholders and does not inherently introduce new risks.
Key Numbers
- 20241017 — Annual Meeting Date (Shareholders will vote on proposals at this date.)
- 20240906 — Filing Date (The proxy statement was filed with the SEC on this date.)
Key Players & Entities
- NEWMARK GROUP, INC. (company) — Registrant
- 0001213900-24-076298 (filing_id) — Accession Number
- 20240906 (date) — Filing Date
- 20241017 (date) — Meeting Date
- 125 PARK AVENUE (address) — Principal Business Address
FAQ
What is the primary purpose of this DEF 14A filing?
The primary purpose is to provide shareholders with information and solicit their votes for the annual meeting of shareholders, including the election of directors and executive compensation.
When is the Newmark Group, Inc. annual meeting scheduled?
The annual meeting is scheduled for October 17, 2024.
Who is the filer of this proxy statement?
The filer is NEWMARK GROUP, INC.
What is the filing date of this definitive proxy statement?
The definitive proxy statement was filed on September 6, 2024.
What is the principal business address of Newmark Group, Inc.?
The principal business address is 125 PARK AVENUE, NEW YORK, NY 10017.
Filing Stats: 4,839 words · 19 min read · ~16 pages · Grade level 10.8 · Accepted 2024-09-06 09:04:43
Key Financial Figures
- $0.01 — of shares of our Class A common stock, $0.01 par value per share (the "Class A commo
Filing Documents
- ea0212109-02.htm (DEF 14A) — 2887KB
- tnewmark_logo.jpg (GRAPHIC) — 26KB
- thoward_sig.jpg (GRAPHIC) — 17KB
- tcaroline_sig.jpg (GRAPHIC) — 22KB
- tlinechart001.jpg (GRAPHIC) — 413KB
- tlinechart002.jpg (GRAPHIC) — 282KB
- tlinechart003.jpg (GRAPHIC) — 402KB
- tlinechart004.jpg (GRAPHIC) — 426KB
- tproxy_001.jpg (GRAPHIC) — 1226KB
- tproxy_002.jpg (GRAPHIC) — 836KB
- 0001213900-24-076298.txt ( ) — 12783KB
- nmrk-20240828.xsd (EX-101.SCH) — 14KB
- nmrk-20240828_def.xml (EX-101.DEF) — 16KB
- nmrk-20240828_lab.xml (EX-101.LAB) — 45KB
- nmrk-20240828_pre.xml (EX-101.PRE) — 36KB
- ea0212109-02_htm.xml (XML) — 445KB
EXECUTIVE COMPENSATION INFORMATION
EXECUTIVE COMPENSATION INFORMATION 25 COMPENSATION DISCUSSION AND ANALYSIS 27
EXECUTIVE COMPENSATION INFORMATION
EXECUTIVE COMPENSATION INFORMATION 50
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 67 INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FEES 71 AUDIT COMMITTEE'S PRE-APPROVAL POLICIES AND PROCEDURES 71 REPORT OF THE AUDIT COMMITTEE OF OUR BOARD OF DIRECTORS 72 PROPOSAL 2 — RATIFICATION OF APPOINTMENT OF OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 74 PROPOSAL 3 — APPROVAL OF AN ADVISORY VOTE ON EXECUTIVE COMPENSATION 75 PROPOSAL 4 — APPROVAL OF THE AMENDMENT AND RESTATEMENT OF THE COMPANY'S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO PROVIDE FOR OFFICER EXCULPATION TO THE EXTENT PERMITTED UNDER DELAWARE LAW 77 PROPOSAL 5 — APPROVAL OF THE AMENDED AND RESTATED NEWMARK GROUP, INC. LONG TERM INCENTIVE PLAN 79 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE 86 EXPENSES OF SOLICITATION 115 2025 STOCKHOLDER PROPOSALS 115 CERTAIN MATTERS RELATING TO PROXY MATERIALS AND ANNUAL REPORTS 116 DELINQUENT SECTION 16(a) REPORTS 116 CODE OF ETHICS AND WHISTLEBLOWER POLICY 116 MISCELLANEOUS 117 APPENDIX A — PROPOSED SECOND AMENDED AND RESTATED CERTIFICATE OF INCORPORATION OF NEWMARK GROUP, INC. A-1 APPENDIX B — PROPOSED AMENDED AND RESTATED NEWMARK GROUP, INC. LONG TERM INCENTIVE PLAN B-1 i Table of Contents Newmark Group, Inc. 125 Park Avenue New York, New York 10017 PROXY STATEMENT This Proxy Statement is being furnished in connection with the solicitation of proxies by and on behalf of our Board of Directors for use at the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Newmark Group, Inc. (the "Company," "Newmark," "we," "us," or "our"), to be held on October 17, 2024, and at any adjournment or postponement thereof, for the purposes set forth in the accompanying Notice of 2024 Annual Meeting of Stockholders. There will be no physical location for stockholders to attend. Stockholders may only participate online by logging in at www.virtualshareholdermeeting.com/NMRK2024. Our Annual Report fo