Real Brokerage Stock Under Pressure as CEO Offloads 700,000+ Shares

Rhea-AI Filing Summary

Form 144 Notice of Proposed Sale filed for Real Brokerage (NASDAQ: REAX) indicates insider selling activity by Tamir Poleg. The filing details a proposed sale of 124,377 shares with an aggregate market value of $499,810.79, to be executed through Morgan Stanley Smith Barney LLC.

Notable details from the filing:

• Securities were acquired through stock option exercise on June 18, 2025
• Total outstanding shares: 206,200,000
• Planned execution date: June 18, 2025
• Trading venue: NASDAQ

The filing also reveals significant recent selling activity by Poleg over the past 3 months, totaling approximately 741,692 shares worth over $3.2 million through multiple transactions between March and June 2025. The largest single transaction was 126,520 shares sold on March 24, 2025, for $571,150.80.

Positive

• None.

Negative

• CEO Tamir Poleg has sold approximately 741,692 shares over the past 3 months totaling over $3.3M, indicating significant insider selling pressure
• The current Form 144 filing indicates intention to sell an additional 124,377 shares worth ~$500K, continuing the substantial selling pattern
• Total insider sales represent a material portion of trading volume and could signal reduced confidence from key management

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	124377	499810.79	206200000	06/18/2025	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	06/18/2025	Stock Option Exercise	Issuer			124377	06/18/2025	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	06/17/2025	6039	24121.58
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/12/2025	4069	17182.98
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/12/2025	2557	10816.11
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/11/2025	100	432.00
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/11/2025	18602	79778.40
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/11/2025	5720	24625.17
TAMIR POLEG 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/11/2025	25931	111002.83
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/05/2025	25000	106750.00
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/04/2025	8476	37463.92
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/03/2025	100000	431500.00
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	06/02/2025	50000	211250.00
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	05/29/2025	25000	105000.00
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	05/28/2025	93	390.60
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	05/27/2025	25000	110500.00
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	05/19/2025	40000	174400.00
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	05/16/2025	13007	47100.73
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	05/15/2025	60000	262000.00
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	05/13/2025	60000	261600.00
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	05/12/2025	20010	170643.20
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	05/07/2025	62500	268878.38
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	04/15/2025	31200	135485.06
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	04/14/2025	400	1720.31
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	04/09/2025	30900	133020.48
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	03/24/2025	126520	571150.80
Tamir Poleg 701 Brickell Avenue, 17th Floor Miami FL 33131	Common	03/21/2025	568	2544.64

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

How many REAX shares is Tamir Poleg planning to sell according to the Form 144 filing from June 28, 2025?

According to the Form 144 filing, Tamir Poleg plans to sell 124,377 shares of REAX common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $499,810.79.

How many REAX shares has Tamir Poleg sold in the past 3 months before this Form 144 filing?

In the three months prior to this filing, Tamir Poleg sold a total of 741,692 shares of REAX common stock through multiple transactions between March 21, 2025 and June 17, 2025, with total gross proceeds of approximately $3.3 million.

What is the total number of REAX shares outstanding as of June 2025?

According to the Form 144 filing, The Real Brokerage Inc. (REAX) has 206,200,000 shares outstanding.

How did Tamir Poleg acquire the REAX shares he plans to sell?

The Form 144 indicates that Tamir Poleg acquired the 124,377 shares through a Stock Option Exercise from the Issuer on June 18, 2025, with payment made in cash on the same date.

What was the largest single sale of REAX stock by Tamir Poleg in the past 3 months?

The largest single sale was 126,520 shares on March 24, 2025, which generated gross proceeds of $571,150.80.