[144] REAL BROKERAGE INC SEC Filing
Real Brokerage Inc (REAX) filed a Form 144 reporting a proposed sale of 312,500 common shares through Morgan Stanley Smith Barney with an aggregate market value of $1,446,875, and lists 208,121,000 shares outstanding. The filing states the 312,500 shares were acquired on 08/25/2025 by exercise of stock options and paid in cash the same day. The notice also discloses multiple prior sales by the reporting person, Tamir Poleg, across June–August 2025, showing repeated dispositions of company common stock. The filer certifies no undisclosed material adverse information and, where applicable, references Rule 10b5-1 sales plans.
Real Brokerage Inc (REAX) ha depositato un Form 144 segnalando la proposta vendita di 312.500 azioni ordinarie tramite Morgan Stanley Smith Barney per un valore complessivo di $1.446.875, e dichiara 208.121.000 azioni in circolazione. Il deposito indica che le 312.500 azioni sono state acquisite il 25/08/2025 mediante esercizio di opzioni su azioni e pagate in contanti lo stesso giorno. L’avviso rivela inoltre più vendite precedenti da parte del soggetto segnalante, Tamir Poleg, tra giugno e agosto 2025, evidenziando ripetute cessioni di azioni ordinarie della società. Il dichiarante certifica l’assenza di informazioni materiali sfavorevoli non comunicate e, se applicabile, fa riferimento a piani di vendita secondo la Regola 10b5-1.
Real Brokerage Inc (REAX) presentó un Form 144 informando una venta propuesta de 312.500 acciones comunes a través de Morgan Stanley Smith Barney por un valor agregado de $1.446.875, y declara 208.121.000 acciones en circulación. El formulario indica que las 312.500 acciones se adquirieron el 25/08/2025 mediante el ejercicio de opciones sobre acciones y se pagaron en efectivo el mismo día. El aviso también revela múltiples ventas previas por parte del informante, Tamir Poleg, entre junio y agosto de 2025, mostrando disposiciones repetidas de acciones ordinarias de la compañía. El declarante certifica que no existe información material adversa no divulgada y, cuando procede, hace referencia a planes de venta conforme a la Norma 10b5-1.
Real Brokerage Inc (REAX)는 Morgan Stanley Smith Barney를 통해 총액 $1,446,875 규모의 312,500 보통주 매각 예정을 신고하는 Form 144를 제출했으며, 발행 주식 수는 208,121,000주로 기재했습니다. 신고서에 따르면 312,500주는 2025-08-25에 스톡옵션 행사를 통해 취득되어 같은 날 현금으로 지급되었습니다. 통지서는 또한 신고인 Tamir Poleg가 2025년 6월에서 8월 사이에 다수의 이전 매각을 한 사실을 공개하여 회사 보통주의 반복적 처분을 보여줍니다. 제출자는 공개되지 않은 중대한 불리한 정보가 없음을 인증하며, 해당되는 경우 규칙 10b5-1 판매 계획을 언급합니다.
Real Brokerage Inc (REAX) a déposé un Form 144 signalant la vente proposée de 312 500 actions ordinaires via Morgan Stanley Smith Barney pour une valeur totale de 1 446 875 $, et indique 208 121 000 actions en circulation. Le dépôt précise que les 312 500 actions ont été acquises le 25/08/2025 par exercice d’options sur actions et payées en espèces le même jour. L’avis divulgue également plusieurs ventes antérieures par la personne déclarant, Tamir Poleg, entre juin et août 2025, montrant des cessions répétées d’actions ordinaires de la société. Le déclarant certifie l’absence d’informations défavorables importantes non divulguées et, le cas échéant, fait référence aux plans de vente prévus par la règle 10b5-1.
Real Brokerage Inc (REAX) reichte ein Formular 144 ein und meldete den geplanten Verkauf von 312.500 Stammaktien über Morgan Stanley Smith Barney mit einem Gesamtmarktwert von $1.446.875 und weist 208.121.000 ausstehende Aktien aus. Das Formular besagt, dass die 312.500 Aktien am 25.08.2025 durch Ausübung von Aktienoptionen erworben und am selben Tag bar bezahlt wurden. Die Mitteilung legt außerdem mehrere frühere Verkäufe des Meldenden, Tamir Poleg, zwischen Juni und August 2025 offen, die wiederholte Abgänge von Stammaktien des Unternehmens zeigen. Der Einreicher bestätigt, dass keine nicht offengelegten wesentlichen nachteiligen Informationen vorliegen und verweist gegebenenfalls auf Verkaufspläne gemäß Regel 10b5-1.
- Option exercise financed in cash, indicating the seller covered the acquisition cost at time of exercise
- Use of broker-dealer (Morgan Stanley Smith Barney) provides standard market execution and transparency
- Some sales identified as 10b5-1, suggesting pre-planned transactions that reduce appearance of opportunistic insider trading
- Frequent insider dispositions by Tamir Poleg across June–August 2025 indicate substantial ongoing sell activity
- Proposed sale equals $1.45M, representing insider monetization which investors may view negatively depending on context
Insights
TL;DR: Insider exercised options and intends to sell 312,500 shares; recent frequent dispositions by the same person are notable.
The filing documents an option exercise and proposed sale of 312,500 shares valued at $1,446,875, routed through Morgan Stanley Smith Barney. The issuer's outstanding share count is reported as 208,121,000, which places the proposed sale at roughly 0.15% of outstanding shares, a small fraction but meaningful for insider activity analysis. The detailed list of prior sales by Tamir Poleg during June–August 2025 indicates ongoing monetization of holdings, including several 10b5-1 plan transactions. For investors, repeated insider sales can be neutral to negative depending on context; this filing alone does not disclose the purpose of sales or any undisclosed material information.
TL;DR: Compliance formalities appear met; representation of no undisclosed material information and 10b5-1 references are included.
The Form 144 includes the required broker identification and a signature representation about material information, and it documents both an option exercise and subsequent planned disposition. Multiple entries labeled as 10b5-1 sales suggest some transactions were executed under pre-established plans, which typically limit governance concerns about selective insider trading. The filing does not include any disclosures of material adverse information or departures from required Form 144 content. Absent additional context, governance procedures appear followed but ongoing insider sales warrant monitoring.
Real Brokerage Inc (REAX) ha depositato un Form 144 segnalando la proposta vendita di 312.500 azioni ordinarie tramite Morgan Stanley Smith Barney per un valore complessivo di $1.446.875, e dichiara 208.121.000 azioni in circolazione. Il deposito indica che le 312.500 azioni sono state acquisite il 25/08/2025 mediante esercizio di opzioni su azioni e pagate in contanti lo stesso giorno. L’avviso rivela inoltre più vendite precedenti da parte del soggetto segnalante, Tamir Poleg, tra giugno e agosto 2025, evidenziando ripetute cessioni di azioni ordinarie della società. Il dichiarante certifica l’assenza di informazioni materiali sfavorevoli non comunicate e, se applicabile, fa riferimento a piani di vendita secondo la Regola 10b5-1.
Real Brokerage Inc (REAX) presentó un Form 144 informando una venta propuesta de 312.500 acciones comunes a través de Morgan Stanley Smith Barney por un valor agregado de $1.446.875, y declara 208.121.000 acciones en circulación. El formulario indica que las 312.500 acciones se adquirieron el 25/08/2025 mediante el ejercicio de opciones sobre acciones y se pagaron en efectivo el mismo día. El aviso también revela múltiples ventas previas por parte del informante, Tamir Poleg, entre junio y agosto de 2025, mostrando disposiciones repetidas de acciones ordinarias de la compañía. El declarante certifica que no existe información material adversa no divulgada y, cuando procede, hace referencia a planes de venta conforme a la Norma 10b5-1.
Real Brokerage Inc (REAX)는 Morgan Stanley Smith Barney를 통해 총액 $1,446,875 규모의 312,500 보통주 매각 예정을 신고하는 Form 144를 제출했으며, 발행 주식 수는 208,121,000주로 기재했습니다. 신고서에 따르면 312,500주는 2025-08-25에 스톡옵션 행사를 통해 취득되어 같은 날 현금으로 지급되었습니다. 통지서는 또한 신고인 Tamir Poleg가 2025년 6월에서 8월 사이에 다수의 이전 매각을 한 사실을 공개하여 회사 보통주의 반복적 처분을 보여줍니다. 제출자는 공개되지 않은 중대한 불리한 정보가 없음을 인증하며, 해당되는 경우 규칙 10b5-1 판매 계획을 언급합니다.
Real Brokerage Inc (REAX) a déposé un Form 144 signalant la vente proposée de 312 500 actions ordinaires via Morgan Stanley Smith Barney pour une valeur totale de 1 446 875 $, et indique 208 121 000 actions en circulation. Le dépôt précise que les 312 500 actions ont été acquises le 25/08/2025 par exercice d’options sur actions et payées en espèces le même jour. L’avis divulgue également plusieurs ventes antérieures par la personne déclarant, Tamir Poleg, entre juin et août 2025, montrant des cessions répétées d’actions ordinaires de la société. Le déclarant certifie l’absence d’informations défavorables importantes non divulguées et, le cas échéant, fait référence aux plans de vente prévus par la règle 10b5-1.
Real Brokerage Inc (REAX) reichte ein Formular 144 ein und meldete den geplanten Verkauf von 312.500 Stammaktien über Morgan Stanley Smith Barney mit einem Gesamtmarktwert von $1.446.875 und weist 208.121.000 ausstehende Aktien aus. Das Formular besagt, dass die 312.500 Aktien am 25.08.2025 durch Ausübung von Aktienoptionen erworben und am selben Tag bar bezahlt wurden. Die Mitteilung legt außerdem mehrere frühere Verkäufe des Meldenden, Tamir Poleg, zwischen Juni und August 2025 offen, die wiederholte Abgänge von Stammaktien des Unternehmens zeigen. Der Einreicher bestätigt, dass keine nicht offengelegten wesentlichen nachteiligen Informationen vorliegen und verweist gegebenenfalls auf Verkaufspläne gemäß Regel 10b5-1.
FAQ
What does Real Brokerage's Form 144 report for REAX on 08/25/2025?
Who is the reporting person named in the Form 144 for REAX?
How many shares outstanding does the filing list for Real Brokerage (REAX)?
Were any prior sales reported in the past three months?
Does the filing state whether undisclosed material information exists?
