reAlpha Tech (NASDAQ: AIRE) director granted 3,997 shares

Rhea-AI Filing Summary

Swaminathan Balaji reported acquisition or exercise transactions in this Form 4 filing.

reAlpha Tech Corp. director Swaminathan Balaji received a grant of 3,997 shares of common stock on April 30, 2026 as quarterly compensation for his role as a non-executive director under the 2022 Equity Incentive Plan. After this award, he directly holds 6,570 shares.

The company effected a 1-for-25 reverse stock split on the same date, and all reported share amounts reflect this adjustment. The number of shares granted was based on a 10-day volume weighted average closing price of $4.6911 per share.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Swaminathan Balaji

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,997	$0.00	--

Holdings After Transaction: Common Stock — 6,570 shares (Direct, null)

Footnotes (1)

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 shares of common stock issued to the reporting person as quarterly compensation for services as a non-executive director under the Issuer's director compensation policy pursuant to its 2022 Equity Incentive Plan, as amended. The number of shares awarded was determined 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.

Key Figures

Shares granted: 3,997 shares Holdings after transaction: 6,570 shares VWAP used for grant: $4.6911 per share +2 more

5 metrics

Shares granted 3,997 shares Quarterly compensation grant on April 30, 2026

Holdings after transaction 6,570 shares Common stock directly held after grant

VWAP used for grant $4.6911 per share 10-day volume weighted average closing price ending April 30, 2026

Reverse stock split ratio 1-for-25 Common stock reverse split effective April 30, 2026

Transaction code A Grant, award, or other acquisition of common stock

Key Terms

reverse stock split, volume weighted average closing price, Equity Incentive Plan, non-executive director

4 terms

reverse stock split financial

"The Issuer effected a 1-for-25 reverse stock split of its issued and outstanding common stock"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

volume weighted average closing price financial

"determined based on the 10-day volume weighted average closing price of the Issuer's common stock"

The volume weighted average closing price is the average of a security’s closing prices over a given period where each day’s closing price is weighted by the number of shares traded that day. It gives more influence to prices on days with heavier trading, so it reflects where most market activity actually occurred rather than treating every day equally. Investors use it as a more realistic benchmark for value, performance tracking, and to compare execution quality.

Equity Incentive Plan financial

"under the Issuer's director compensation policy pursuant to its 2022 Equity Incentive Plan, as amended"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

non-executive director financial

"compensation for services as a non-executive director under the Issuer's director compensation policy"

A non-executive director is a member of a company’s board who does not work for the company day-to-day but provides independent oversight, strategic guidance and checks on management. For investors, they matter because they act like an impartial referee or outside advisor, helping ensure decisions protect shareholder interests, reduce risks of poor governance, and add credibility to financial reporting and long-term strategy.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Swaminathan Balaji

(Last) (First) (Middle)

6515 LONGSHORE LOOP

SUITE 100

(Street)

DUBLIN OHIO 43017

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
reAlpha Tech Corp. [ AIRE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/30/2026		A		3,997(1)(2)	A	$0	6,570(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. Represents shares of common stock issued to the reporting person as quarterly compensation for services as a non-executive director under the Issuer's director compensation policy pursuant to its 2022 Equity Incentive Plan, as amended. The number of shares awarded was determined 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.

	/s/ Balaji Swaminathan	05/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did reAlpha Tech Corp. (AIRE) report for Swaminathan Balaji?

reAlpha Tech Corp. reported that director Swaminathan Balaji received 3,997 shares of common stock as a grant. The award represents quarterly compensation for his non-executive director services under the company’s 2022 Equity Incentive Plan, as adjusted for the recent 1-for-25 reverse stock split.

How many reAlpha Tech (AIRE) shares does Swaminathan Balaji hold after this Form 4?

After the reported grant, Swaminathan Balaji directly holds 6,570 shares of reAlpha Tech common stock. This total already reflects the company’s 1-for-25 reverse stock split effected on April 30, 2026, as noted in the Form 4 footnotes for all share amounts disclosed.

Was the AIRE Form 4 transaction a purchase or a compensation grant?

The AIRE Form 4 shows a compensation grant, not an open-market purchase. Code “A” indicates 3,997 shares were awarded to director Swaminathan Balaji as quarterly compensation under the 2022 Equity Incentive Plan, rather than acquired for cash in public market transactions.

How was the number of reAlpha Tech (AIRE) shares in the grant calculated?

The 3,997-share grant was calculated using the 10-day volume weighted average closing price of reAlpha Tech’s common stock. That VWAP, as adjusted for the reverse stock split, was $4.6911 per share for the period ending April 30, 2026, according to the Form 4 footnotes.

What reverse stock split did reAlpha Tech (AIRE) implement before this Form 4?

reAlpha Tech implemented a 1-for-25 reverse stock split of its issued and outstanding common stock on April 30, 2026. All share figures in the Form 4, including the 3,997-share director grant and 6,570 shares held after the transaction, are presented on this post-split basis.

What is the nature of Swaminathan Balaji’s role mentioned in the AIRE Form 4?

The Form 4 identifies Swaminathan Balaji as a non-executive director of reAlpha Tech Corp. The 3,997-share grant represents quarterly compensation for his board service, issued under the company’s 2022 Equity Incentive Plan as part of its director compensation policy.