[144] REAL BROKERAGE INC SEC Filing

Rhea-AI Filing Summary

Real Brokerage Inc. (REAX) Form 144 notice reports proposed and recent sales of common stock by an insider. The notice shows a planned sale of 6,692 restricted shares (acquired 03/13/2025 from the issuer) with an aggregate market value of $30,114, to be sold approximately on 08/15/2025 on NASDAQ through Morgan Stanley Smith Barney LLC. The filing also discloses two recent sales by Pritesh Damani on 08/14/2025 totaling 20,986 shares for gross proceeds of $94,529.34 (split as 16,027 shares for $72,192.02 and 4,959 shares for $22,337.32). The filer certifies no undisclosed material adverse information.

Positive

• Transparent disclosure of proposed and recent insider sales via Form 144
• Use of an established broker (Morgan Stanley Smith Barney LLC) and sale on NASDAQ indicating standard execution channels

Negative

• Insider sold 20,986 shares on 08/14/2025 for gross proceeds of $94,529.34, which could increase near-term share supply
• Planned sale of 6,692 restricted shares (aggregate market value $30,114) also scheduled for 08/15/2025

Insights

Securities Analyst

TL;DR: Insider sales are material timing disclosures but amounts are modest relative to typical market caps.

The filing documents a planned sale of 6,692 restricted shares acquired from the issuer and recent open-market sales totaling 20,986 shares by the same individual. For investors, these disclosures provide transparency about insider liquidity and potential share supply pressure in the short term. Without company market-cap or total insider holdings in this filing, we cannot determine percentage ownership sold or the relative scale versus outstanding shares. The transactions were executed through a major broker on NASDAQ, indicating standard routing and compliance with Rule 144 requirements.

Corporate Governance Expert

TL;DR: The notice reflects compliant insider sales under Rule 144; no governance red flags are evident from this filing alone.

The Form 144 discloses acquisition details (restricted stock dated 03/13/2025) and subsequent sales executed 08/14/2025, plus a proposed sale date of 08/15/2025. The signer affirms absence of undisclosed material adverse information and references Rule 10b5-1 plan language. There is no indication here of forced disposition, regulatory issues, or unusual compensation arrangements. Material governance assessment requires additional context on insider ownership levels and company disclosures not present in this form.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	6692	30114.00	208121000	08/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/13/2025	Restricted Stock	ISSUER			6692	03/13/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
PRITESH DAMANI 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/14/2025	16027	72192.02
PRITESH DAMANI 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/14/2025	4959	22337.32

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What insider sales does the REAX Form 144 disclose?

The filing shows two sales by Pritesh Damani on 08/14/2025 totaling 20,986 shares for gross proceeds of $94,529.34 and a proposed sale of 6,692 restricted shares on 08/15/2025.

Through which broker will the proposed REAX shares be sold?

The proposed sale is to be executed through Morgan Stanley Smith Barney LLC on NASDAQ.

When were the 6,692 restricted REAX shares acquired?

The restricted shares were acquired from the issuer on 03/13/2025 and paid for on the same date.

Does the filing state any undisclosed material adverse information about REAX?

The signer represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.

What are the gross proceeds reported for the two sales on 08/14/2025?

The filing reports gross proceeds of $72,192.02 for 16,027 shares and $22,337.32 for 4,959 shares, totaling $94,529.34.