reAlpha Tech (AIRE) CFO receives 5,536 RSUs after reverse split
Rhea-AI Filing Summary
reAlpha Tech Corp. granted Chief Financial Officer Thomas J. Kutzman Jr. 5,536 restricted stock units (RSUs) of common stock on April 30, 2026 as compensation for his executive service during the quarter ended March 31, 2026.
The award was prorated to reflect his service since his February 25, 2026 appointment and is based on a 10-day volume weighted average price of $4.6911. Following this grant, he directly holds 52,860 shares. The company effected a 1-for-25 reverse stock split on April 30, 2026, and all share figures reflect this adjustment.
Each RSU converts into one share upon vesting. Half of the RSUs vest 12 months after the grant date, with the remaining half vesting in four equal quarterly installments over the following year, subject to his continued service and plan conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,536 | $0.00 | -- |
Footnotes (1)
- The Issuer effected a 1-for-25 reverse stock split of its issued and outstanding common stock on April 30, 2026 (the "Reverse Stock Split"). All share amounts reported on this Form 4 have been adjusted to reflect the Reverse Stock Split. Represents restricted stock units ("RSUs") granted to the reporting person on April 30, 2026, as compensation for services as an executive officer during the fiscal quarter ended March 31, 2026, under the Issuer's 2022 Equity Incentive Plan (as amended, the "Plan"). The value of these RSUs is pro-rated to reflect the reporting person's service for the portion of the fiscal quarter following his appointment on February 25, 2026. Each RSU represents a contingent right to receive one share of common stock of the Issuer. These RSUs will vest as follows: (i) 50% will vest on the date that is 12 months from the date of grant and (ii) 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. Due to a character limit, Footnote 3 is a continuation of Footnote 2: The number of RSUs awarded was based on the 10-day volume weighted average closing price of the Issuer's common stock, as reported on The Nasdaq Stock Market LLC, for the period ending on and including April 30, 2026, which, as adjusted for the Reverse Stock Split, was $4.6911.