Real Brokerage (REAX) Form 144 Discloses Multiple Insider Sales and 36,132-Share Planned Sale
Rhea-AI Filing Summary
Form 144 notice for REAX (Real Brokerage Inc.) documents a proposed sale and a history of recent sales by an individual named Tamir Poleg. The notice shows an intended sale of 36,132 common shares through Morgan Stanley Smith Barney LLC on 08/19/2025. Those shares were acquired the same day via a stock option exercise and paid for in cash. The filing reports the aggregate market value of the proposed sale as $165,874.45 and lists total common shares outstanding as 208,121,000. The filing also lists numerous sales by Tamir Poleg over the prior three months with multiple transactions dated between 05/27/2025 and 08/18/2025, showing individual sale amounts and gross proceeds.
Positive
- Proposed sale clearly disclosed with broker, share count, acquisition method, payment type, and planned sale date
- Detailed recent sale history for the past three months is provided with dates, share amounts, and gross proceeds
- Broker identified as Morgan Stanley Smith Barney LLC, indicating execution through a regulated intermediary
Negative
- Multiple large insider sales by the same individual are listed across the past three months, indicating significant dispositions
- Aggregate market value of the planned sale is provided but no context on holdings post-sale is disclosed in this filing
Insights
TL;DR: Insider intends to sell 36,132 shares acquired by option exercise; many recent sales are disclosed.
The Form 144 documents a proposed Rule 144 sale of 36,132 common shares for REAX, acquired by the seller via a stock option exercise on the same date as the intended sale and to be executed through Morgan Stanley Smith Barney LLC. The filing lists the aggregate market value of the proposed sale and the issuer's outstanding share count. The detailed schedule of past transactions shows repeated dispositions by the same individual across numerous dates, with specific share counts and gross proceeds recorded. This disclosure meets the procedural requirements of Rule 144 by providing broker, acquisition method, payment method, and recent sale history.
TL;DR: Multiple recent sales by the same person are documented; filing provides transparent transaction history.
The filing lists a concentrated pattern of sales by Tamir Poleg over the prior three months with transaction-level detail (dates, share amounts, and gross proceeds). The current notice states the shares to be sold were obtained by a stock option exercise and paid in cash, which is explicitly disclosed. The document includes broker information and the stated representation regarding material undisclosed information. The record is comprehensive for a Form 144 disclosure, enabling stakeholders to see the chronology and scale of reported dispositions.
FAQ
What does the Form 144 for REAX show about the planned sale on 08/19/2025?
How were the shares to be sold on 08/19/2025 acquired according to the filing?
Who is the individual listed as selling shares in the Form 144 filing for REAX?
What is the number of shares outstanding reported in the filing?
Does the filing list prior sales in the past three months?
