[144] Real Brokerage Inc SEC Filing

Rhea-AI Filing Summary

Real Brokerage Inc (REAX) Form 144 notice shows a proposed sale of 4,391 common shares with an aggregate market value of $22,400.69 to be sold on 09/16/2025 through Morgan Stanley Smith Barney LLC on NASDAQ. The shares were acquired on 09/16/2025 by stock option exercise and paid for in cash the same day. The filing lists numerous prior open-market sales by Tamir Poleg during June–September 2025, including transactions on 09/15/2025, 09/05/2025, 09/02/2025 and multiple dates in August and June, each showing the number of shares sold and gross proceeds. The filer certifies no undisclosed material adverse information and includes the standard criminal liability notice for misstatements.

Positive

• Complete transaction details provided: acquisition date, nature of acquisition, payment method, broker, planned sale date, and aggregate market value
• Extensive disclosure of prior sales by the selling person across multiple dates, supporting Rule 144 aggregation requirements
• Filer includes compliance representation certifying no material undisclosed adverse information

Negative

• No issuer identity details are provided in the issuer section (name, address, SEC file number fields are blank in the content)
• Filer CIK and contact fields are not populated in the provided extract

Insights

Securities Analyst

TL;DR: Insider exercising options and planning a modest single-day sale while multiple recent disposals by the same person are disclosed.

The filing documents a routine Rule 144 notice: an option exercise on 09/16/2025 produced 4,391 shares intended for sale that same day through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $22,400.69. The disclosure of many prior sales by Tamir Poleg over June–September 2025 provides context on recent insider liquidity. This is a transactional disclosure, not a corporate operational update. Materiality is limited to share count and insider selling history; there are no earnings, debt, or governance disclosures included.

Compliance / Risk Analyst

TL;DR: Filing appears procedurally complete for Rule 144: acquisition method, payment, broker, and recent sales are disclosed.

The notice includes required fields: acquisition date and method (stock option exercise), payment method (cash), broker details, planned sale date, and a detailed list of recent dispositions by the same person, which supports aggregation requirements under Rule 144(e). The signer affirms no undisclosed material adverse information. There is no indication in the filing of noncompliance, litigation, or other risk events; it is a routine securities disposition filing.

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

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	4391	22400.69	209300000	09/16/2025	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	09/16/2025	Stock Option Exercise	Issuer			4391	09/16/2025	Cash

* 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
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	09/15/2025	29519	150050.98
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	09/05/2025	9223	49695.37
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	09/02/2025	125000	653300.00
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/29/2025	194098	1040989.20
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/27/2025	67160	359289.82
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/25/2025	312500	1578218.75
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/22/2025	175105	813702.43
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/19/2025	36132	165874.46
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/18/2025	131172	595277.62
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/15/2025	7591	34159.50
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/13/2025	50000	223650.00
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/13/2025	96490	434793.59
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/12/2025	212037	906127.88
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/11/2025	87963	363285.38
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	08/07/2025	8310	37493.89
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	07/01/2025	20200	91156.54
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/27/2025	62500	283231.25
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/23/2025	140000	561162.00
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/18/2025	124377	499810.80
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/17/2025	6039	24121.58

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 does the REAX Form 144 disclose about the planned sale?

The filing discloses a proposed sale of 4,391 common shares on 09/16/2025 via Morgan Stanley Smith Barney LLC on NASDAQ with an aggregate market value of $22,400.69.

How were the shares being sold on 09/16/2025 acquired?

The shares were acquired on 09/16/2025 by stock option exercise and paid for in cash the same day.

Who appears to have sold additional Real Brokerage (REAX) shares recently?

The filing lists multiple prior sales by Tamir Poleg between June and September 2025, with individual transactions shown by date, share amounts, and gross proceeds.

Does the filing indicate any undisclosed material adverse information about the issuer?

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

Through which broker will the planned REAX sale be executed?

The planned sale lists Morgan Stanley Smith Barney LLC as the broker for the transaction.