reAlpha Tech Corp. (AIRE) chair sells 1,999 shares for RSU tax withholding
Rhea-AI Filing Summary
reAlpha Tech Corp. Executive Chairman and 10% owner Giri Devanur reported selling 1,999 shares of common stock on August 11, 2026. The sale was executed solely to cover tax withholding obligations arising from the vesting and settlement of restricted stock units granted under the company’s 2022 Equity Incentive Plan.
The shares were sold at a weighted average price of $1.5377 per share, in multiple transactions between $1.5085 and $1.54. Following this sale, Devanur directly holds 1,091,645 shares of common stock and indirectly holds 108,000 shares through Giri Devanur Holdings LLC, over which he has sole voting and investment power.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 1,999 shares
Net Sell
2 txns
Insider
Devanur Giri
Role
Executive Chairman
Sold
1,999 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,999 | $1.5377 | $3K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,091,645 shares (Direct);
Common Stock — 108,000 shares (Indirect, By Giri Devanur Holdings LLC)
Footnotes (3)
- F1. The sales reported on this Form 4 represent shares sold by the reporting person solely to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs") to be funded by a "sell to cover" transaction. These sales relate to two RSU awards granted to the reporting person on April 30, 2025, and July 30, 2025, in each case pursuant to the issuer's 2022 Equity Incentive Plan (as amended, the "Plan"), both of which partially vested on July 30, 2026, and each of which RSU represents a contingent right to receive one share of common stock of the issuer upon vesting and settlement thereof. These RSUs will vest subject to the continuous service of the reporting person on the applicable vesting dates and compliance with the terms and conditions of the Plan.
- F2. The price reported in this line item is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.5085 to $1.54, inclusive. The reporting person undertakes to provide to the issuer, any securityholder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. 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.
Key Figures
Shares sold: 1,999 shares
Weighted average sale price: $1.5377 per share
Direct holdings after sale: 1,091,645 shares
+3 more
6 metrics
Shares sold
1,999 shares
Common stock sold on August 11, 2026 to cover tax withholding
Weighted average sale price
$1.5377 per share
Shares sold in multiple transactions between $1.5085 and $1.54
Direct holdings after sale
1,091,645 shares
Common stock directly owned by Giri Devanur following the reported sale
Indirect holdings after update
108,000 shares
Common stock held indirectly through Giri Devanur Holdings LLC
RSU grant dates
April 30, 2025 and July 30, 2025
Two RSU awards under the 2022 Equity Incentive Plan related to this tax-cover sale
Partial vesting date
July 30, 2026
Both referenced RSU awards partially vested on this date
Key Terms
restricted stock units, sell to cover, weighted average price, 2022 Equity Incentive Plan
4 terms
restricted stock units financial
"The sales reported ... cover tax withholding obligations in connection with the vesting and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sell to cover financial
"to be funded by a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
weighted average price financial
"The price reported in this line item is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
2022 Equity Incentive Plan financial
"pursuant to the issuer's 2022 Equity Incentive Plan (as amended, the "Plan")"
FAQ
What did Giri Devanur report in this Form 4 for reAlpha Tech Corp. (AIRE)?
Giri Devanur reported selling 1,999 shares of reAlpha Tech Corp. common stock on August 11, 2026. The sale was conducted solely to cover tax withholding tied to vesting restricted stock units under the 2022 Equity Incentive Plan.
What RSU awards are connected to this Form 4 for AIRE?
The tax-cover sale relates to two RSU awards granted on April 30, 2025 and July 30, 2025. Both partially vested on July 30, 2026, with each RSU representing a contingent right to one share of common stock upon vesting and settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
