Last updated: 1 April 2024 at 4:12pm EST

Stephen Merkel Net Worth




The estimated Net Worth of Stephen M Merkel is at least $4.88 Million 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, and Assistant Corporate Secretary at Newmark Inc.

Mr. Merkel NMRK stock SEC Form 4 insiders trading

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 Merkel biography

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.

What is the salary of Stephen Merkel?

As the Executive Vice President, Chief Legal Officer, and 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.



How old is Stephen Merkel?

Stephen Merkel is 61, he's been the Executive Vice President, Chief Legal Officer, and 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.

What's Stephen Merkel's mailing address?

Stephen's mailing address filed with the SEC is C/O BGC GROUP, INC., 499 PARK AVENUE, NEW YORK, NY, 10022.

Insiders trading at Newmark Inc

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, and 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.



What does Newmark Inc do?

newmark grubb knight frank is one of the world’s leading commercial real estate advisory firms. operating from more than 370 offices on six continents, newmark grubb knight frank serves the property needs of tenants, owners, investors and developers worldwide. newmark grubb knight frank provides a fully integrated platform of services to prominent multinational corporations and institutional investors across the globe, as well as to owners and users of real estate on a local, regional and national level. with services including leasing advisory, global corporate services, investment sales and capital markets services, property and facilities management, program and project management, consulting and valuation services, we offer comprehensive real estate solutions supporting the business objectives of our clients.



What does Newmark Inc's logo look like?

Newmark Group Inc logo

Complete history of Mr. Merkel stock trades at BGC Partners Inc and Newmark Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
2 Jan 2024 Stephen M Merkel
EVP and Chief Legal Officer
Sale 35,006 $10.85 $379,815
2 Jan 2024
4,461
9 Nov 2020 Stephen M Merkel
EVP and Chief Legal Officer
Sale 1,043 $6.63 $6,915
9 Nov 2020
0
19 Dec 2019 Stephen M Merkel
EVP and Chief Legal Officer
Option 3,940 $13.61 $53,623
19 Dec 2019
3,940
2 Jan 2024 Stephen M Merkel
EVP and General Counsel
Sale 136,891 $4.43 $606,427
2 Jan 2024
9,618
9 Nov 2020 Stephen M Merkel
EVP and General Counsel
Sale 2,250 $3.51 $7,898
9 Nov 2020
0
17 Oct 2011 Stephen M Merkel
EVP and General Counsel
Option 33,000 $5.10 $168,300
17 Oct 2011
68,846
15 Jul 2011 Stephen M Merkel
EVP and General Counsel
Option 11,000 $5.10 $56,100
15 Jul 2011
44,884
15 Jun 2011 Stephen M Merkel
EVP and General Counsel
Option 11,000 $5.10 $56,100
15 Jun 2011
42,987
16 May 2011 Stephen M Merkel
EVP and General Counsel
Option 11,000 $5.10 $56,100
16 May 2011
40,881
15 Apr 2011 Stephen M Merkel
EVP and General Counsel
Option 11,000 $5.10 $56,100
15 Apr 2011
27,430
15 Mar 2011 Stephen M Merkel
EVP and General Counsel
Option 11,000 $5.10 $56,100
15 Mar 2011
25,153
15 Feb 2011 Stephen M Merkel
EVP and General Counsel
Option 11,000 $5.10 $56,100
15 Feb 2011
25,153
18 Jan 2011 Stephen M Merkel
EVP and General Counsel
Option 11,000 $5.10 $56,100
18 Jan 2011
25,153
10 Jun 2008 Stephen M Merkel
EVP and General Counsel
Sale 175,000 $7.72 $1,351,000
10 Jun 2008
76,236


Newmark Inc executives and stock owners

Newmark Inc executives and other stock owners filed with the SEC include: