Howard W. Lutnick Completes Divestiture of Newmark Group, Inc. Shares

Howard W. Lutnick, former Executive Chairman of Newmark Group, Inc., has completed the divestiture of his holdings in the company. This action follows his appointment as the U.S. Secretary of Commerce. The divestiture, which was finalized on October 6, 2025, results in Mr. Lutnick no longer holding any voting or dispositive power over the company's securities. This filing, Amendment No. 5B to the Schedule 13D, reflects his zero ownership in Newmark Group, Inc. The amendment also includes details of the repurchase of 4,400 shares of Class A Common Stock held by Mr. Lutnick's spouse at a price of $11.04 per share, less $0.048 per share for after-tax dividends.