reAlpha Tech Form 4: CEO Gets $106k in RSUs, No Shares Sold
Rhea-AI Filing Summary
reAlpha Tech Corp. (AIRE) – Form 4 filing, 1 Aug 2025. CEO Michael J. Logozzo reported two equity grants dated 30 Jul 2025:
- 109,052 RSUs earned under the 2025 Short-Term Incentive Plan for Q2-FY25 performance.
- 155,511 RSUs granted as regular quarterly executive compensation.
Both awards carry a 50% cliff vest after 12 months, with the remaining 50% vesting in four equal quarterly tranches over the following year, contingent on continued service. RSUs are based on the 30 Jul 2025 Nasdaq closing price of $0.4019, implying an aggregate face value of roughly $106 k.
Following these grants, Logozzo’s direct beneficial ownership increases to 2,624,211 common shares. No shares were purchased or sold on the open market; the transaction code is “A” (award). Unvested RSUs will be forfeited upon termination.
The filing signals ongoing equity-based incentive alignment but does not reflect cash outflow or market buying pressure.
Positive
- None.
Negative
- None.
Insights
TL;DR: CEO awarded ~265k RSUs worth $106k; ownership rises to 2.6 m shares; no immediate market impact.
The grants represent routine incentive compensation rather than insider buying. At a $0.40 reference price, the economic value is modest and spread over a two-year vesting schedule, encouraging retention and performance alignment. Because shares are issued at no cost, dilution is minimal (<1% of basic shares outstanding, assuming ~40 m shares). No sell transactions occurred, so the filing provides a neutral-to-slightly-positive governance signal but limited trading catalysts.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 109,052 | $0.00 | -- |
| Grant/Award | Common Stock | 155,511 | $0.00 | -- |
Footnotes (1)
- Represents restricted stock units (each, an "RSU" and collectively, "RSUs") granted on July 30, 2025, pursuant to the Issuer's 2025 Short-Term Incentive Plan (the "STIP") and under its 2022 Equity Incentive Plan (as amended, the "Plan") upon achievement of performance goals for the fiscal quarter ended June 30, 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 July 30, 2025 of $0.4019. 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 July 30, 2025, by the Compensation Committee under the Plan as compensation for services as an executive officer during the fiscal quarter ended June 30, 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 July 30, 2025 of $0.4019. Unvested RSUs are forfeited if the reporting person is separated from service with the Issuer for any or no reason.
FAQ
What is the vesting schedule for the new AIRE RSUs?
What is the estimated dollar value of the RSU awards?