The estimated Net Worth of Stephen M Merkel is at least $4.88 Milione dollars as of 2 January 2024. Mr. Merkel owns over 35,006 units of Newmark Inc stock worth over $64,997 and over the last 17 years he sold NMRK stock worth over $1,365,813. In addition, he makes $3,447,280 as Executive Vice President, Chief Legal Officer e Assistant Corporate Secretary at Newmark Inc.
Stephen has made over 14 trades of the Newmark Inc stock since 2008, according to the Form 4 filled with the SEC. Most recently he sold 35,006 units of NMRK stock worth $510,037 on 2 January 2024.
The largest trade he's ever made was selling 175,000 units of Newmark Inc stock on 10 June 2008 worth over $1,351,000. On average, Stephen trades about 8,143 units every 100 days since 2007. As of 2 January 2024 he still owns at least 4,461 units of Newmark Inc stock.
You can see the complete history of Mr. Merkel stock trades at the bottom of the page.
Stephen M. Merkel serves as Executive Vice President, Chief Legal Officer, Assistant Corporate Secretary of the Company. Mr. Merkel has been our Executive Vice President, Chief Legal Officer and Assistant Corporate Secretary since January 2019 and was our Corporate Secretary from December 2017 to January 2019. Mr. Merkel has been Executive Managing Director, General Counsel and Secretary of Cantor since December 2000 and was Senior Vice President, General Counsel and Secretary of Cantor from May 1993 to December 2000. Mr. Merkel has been Executive Vice President and General Counsel of BGC since September 2001 and was its Senior Vice President, General Counsel and Secretary from June 1999 to September 2001. Mr. Merkel was BGC’s Secretary from June 1999 to January 2019. Mr. Merkel also holds offices at and provides services to various other affiliates of Cantor and provides services to our and BGC’s operating partnerships and subsidiaries, including Newmark OpCo, BGC U.S. OpCo, and BGC Global OpCo. Prior to joining Cantor, Mr. Merkel was Vice President and Assistant General Counsel of Goldman Sachs & Co. from February 1990 to May 1993. From September 1985 to January 1990, Mr. Merkel was an associate with the law firm of Paul, Weiss, Rifkind, Wharton & Garrison. Mr. Merkel is a founding board member of the Wholesale Markets Brokers’ Association, Americas. In addition, Mr. Merkel serves as the Executive Vice President, General Counsel and Secretary of the Cantor SPAC. Mr. Merkel served as a member of the Board of Directors of GFI from February 2015 through the closing of BGC’s merger with GFI in January 2016.
As the Executive Vice President, Chief Legal Officer e Assistant Corporate Secretary of Newmark Inc, the total compensation of Stephen Merkel at Newmark Inc is $3,447,280. There are 3 executives at Newmark Inc getting paid more, with Barry Gosin having the highest compensation of $11,618,700.
Stephen Merkel is 61, he's been the Executive Vice President, Chief Legal Officer e Assistant Corporate Secretary of Newmark Inc since 2019. There are 6 older and 4 younger executives at Newmark Inc. The oldest executive at Newmark Group Inc is Michael Snow, 72, who is the Independent Director.
Stephen's mailing address filed with the SEC is C/O BGC GROUP, INC., 499 PARK AVENUE, NEW YORK, NY, 10022.
Over the last 7 years, insiders at Newmark Inc have traded over $6,915 worth of Newmark Inc stock and bought 2,675,576 units worth $27,926,632 . The most active insiders traders include Howard W Lutnick, Fitzgerald, L. P. Cantor e Group Management Inc Cf. On average, Newmark Inc executives and independent directors trade stock every 109 days with the average trade being worth of $3,805,334. The most recent stock trade was executed by Stephen M Merkel on 2 January 2024, trading 35,006 units of NMRK stock currently worth $510,037.
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Newmark Inc executives and other stock owners filed with the SEC include: