reAlpha Tech (AIRE) Executive Chairman reports sizable stock and RSU grants
Rhea-AI Filing Summary
reAlpha Tech Corp.'s Executive Chairman and director Giri Devanur reported multiple stock awards dated January 30, 2026. He received 14,778 shares of common stock as quarterly compensation for non-executive director services under the 2022 Equity Incentive Plan.
He was also granted 234,021 restricted stock units under the 2025 Short-Term Incentive Plan for performance in the quarter ended December 31, 2025, and 165,431 restricted stock units as executive officer compensation for the same period. Each RSU converts into one share, with 50% vesting 12 months after grant and the rest vesting in four equal quarterly installments over the following 12 months, subject to continued service and plan terms.
Following these awards, Devanur directly beneficially owns 25,944,710 shares of common stock and indirectly holds 2,700,000 additional shares through Giri Devanur Holdings LLC, where he has sole voting and investment power.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,778 | $0.00 | -- |
| Grant/Award | Common Stock | 234,021 | $0.00 | -- |
| Grant/Award | Common Stock | 165,431 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents quarterly compensation for services as a non-executive director issued under the Issuer's 2022 Equity Incentive Plan (the "Plan"). The number of shares was determined based on the 10-day volume weighted average of the Nasdaq Official Closing Price of the Issuer's common stock ending on and including January 30, 2026. Represents restricted stock units (each, an "RSU" and collectively, "RSUs") granted on January 30, 2026, pursuant to the Issuer's 2025 Short-Term Incentive Plan (the "STIP") and under the Plan upon achievement of performance goals for the fiscal quarter ended December 31, 2025, as approved by the Compensation Committee. Each RSU represents a contingent right to receive one share of common stock of the Issuer. 50% of these RSUs will vest on the date that is 12 months from the date of grant and the remaining 50% will vest in four equal quarterly installments over the next 12-month period thereafter, subject to the continuous service of the reporting person on such vesting dates and compliance with the terms and conditions of the STIP and the Plan. The number of RSUs awarded is based on the closing price of the Issuer's common stock as reported on the Nasdaq Capital Market on January 30, 2026. Due to a character limit, Footnote 2 is a continuation of Footnote 1: Unvested RSUs are forfeited if the reporting person is separated from service with the Issuer for any or no reason. Represents RSUs granted on January 30, 2026, by the Compensation Committee under the Plan as compensation for services as an executive officer during the fiscal quarter ended December 31, 2025. Each RSU represents a contingent right to receive one share of common stock of the Issuer. 50% of these RSUs will vest on the date that is 12 months from the date of grant and the remaining 50% will vest in four equal quarterly installments over the next 12-month period thereafter, subject to the continuous service of the reporting person on such vesting dates and compliance with the terms and conditions of the Plan. The number of RSUs awarded is based on the closing price of the Issuer's common stock as reported on the Nasdaq Capital Market on January 30, 2026. Unvested RSUs are forfeited if the reporting person is separated from service with the Issuer for any or no reason. The reporting person is the managing member of Giri Devanur Holdings LLC and holds sole voting and investment power with respect to those shares of common stock.