| Schedule of Changes in Common Stock Outstanding |
Changes in shares of Newmark’s Class A common stock outstanding were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | | | 2026 | | 2025 | | 2026 | | 2025 | | | | Shares outstanding at beginning of period | | 155,988,950 | | | 161,924,550 | | | 160,656,704 | | | 149,506,832 | | | | | Share issuances: | | | | | | | | | | | LPU redemption/exchange | | 3,793,688 | | | 2,500,090 | | | 7,031,930 | | | 13,050,619 | | | | Issuance of Class A common stock for Newmark RSUs | | 482,862 | | | 800,970 | | | 1,599,546 | | | 2,171,525 | | | | | | | | | | | | | | | | Other | | 9,264 | | | (33,427) | | | 365,901 | | | 463,207 | | | | | Treasury stock repurchases | | (988,178) | | | (10,839,674) | | | (10,367,495) | | | (10,839,674) | | | | | Shares outstanding at end of period | | 159,286,586 | | | 154,352,509 | | | 159,286,586 | | | 154,352,509 | | | |
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| Schedule of Share Repurchase Activity |
The gross share repurchases of Newmark’s Class A common stock during the six months ended June 30, 2026 were as follows (in thousands, except shares and per share amounts): | | | | | | | | | | | | | | | | | | | Total Number of Shares Repurchased | | Average Price Paid per Share | | Approximate Dollar Value of Units and Shares That May Yet Be Repurchased/ Purchased Under the Program | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Repurchases | | | | | | January 1, 2026 - March 31, 2026 | 9,379,317 | | | $ | 14.54 | | | | April 2026 | 988,178 | | | $ | 14.97 | | | | May 2026 | — | | | $ | — | | | | June 2026 | — | | | $ | — | | | | | | | | | | | | | | | | | Total Repurchases | 10,367,495 | | | $ | 14.58 | | | $ | 248,900 | |
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| Schedule of Changes in Carrying Amount of Redeemable Partnership Interest |
The changes in the carrying amount of FPUs follow (in thousands): | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | Balance at beginning of period: | $ | 12,049 | | | $ | 13,900 | | | Income allocation | 307 | | | 1,620 | | | Distributions of income | (1,484) | | | (1,527) | | | | | | | Issuance and other | (699) | | | (1,944) | | | Balance at end of period | $ | 10,173 | | | $ | 12,049 | |
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