Chairman · BGC Group, Inc. (BGC)

Stephen Merkel

A named executive officer of BGC in every fiscal year CompBrief holds from FY2023 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2024

$2,750,000

FY2023: $2,300,000

Compensation figures as of the proxy filed September 30, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-09-24.

Stephen Merkel compensation by year

BGC Summary Compensation Table · all 2 fiscal years held
In US dollars, as BGC reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024
Salary$1,000,000$1,000,000
Bonus$0$0
Stock awards$0$0
Option awards$0$0
Non-equity incentive$1,300,000$1,750,000
Pension and deferred compensation$0$0
All other$0$0
Total$2,300,000$2,750,000

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: BGC Group, Inc. DEF 14A filed September 30, 2025, accession 0001213900-25-093426, and prior-year filings. Open the filing on EDGAR.

$2.3M
$2.8M
FY23
FY24
SalaryNon-equity incentive

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU77,106$698,580—
RSU72,751$659,124—

Per the Outstanding Equity Awards at Fiscal Year-End table in BGC Group, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

3 Form 4 lines since the FY2024 proxy (filed September 30, 2025)
current to 2026-09-24 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-04-01Tax withholding—16,576$9.84195,741
2026-04-01Grant or award—77,882$9.84212,317
2025-10-03Disposition to the issuer—16,511$9.21134,435

The 3 most recent of 3 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

BGC’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Howard LutnickFormer Chairman of the Board of Directors and Chief Executive Officer$15,000,000
Sean WindeattChief Executive Officer$3,898,522
Stephen Merkel · this pageChairman$2,750,000
Jason HaufChief Financial Officer$1,450,000

The full BGC compensation record

free company brief

This page is one person within BGC's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order BGC's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are BGC's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Velarion Pro: every company page, peer tools and exports, one seat

One email to you when Pro opens, and nothing else. Privacy