STOCK TITAN

Real REMAX holder plans 52,876-share sale

Real REMAX Group Inc. (REAX) has a Form 144 notice indicating that The Adaos Trust, identified as a 10% stockholder, may sell common shares through Morgan Stanley Smith Barney LLC Executive Financial Services.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Real REMAX Group Inc. (REAX) has a Form 144 notice indicating that The Adaos Trust, identified as a 10% stockholder, may sell common shares through Morgan Stanley Smith Barney LLC Executive Financial Services. The notice includes share and value figures for these securities and references prior open market purchase dates in 2019.

Positive

  • None.

Negative

  • None.
Securities information share figure 52,876 shares Referenced for common stock with broker Morgan Stanley Smith Barney LLC Executive Financial Services in the securities information section.
Aggregate market value figure $1,010,930.96 Figure shown alongside the 52,876-share entry in the securities information section.
Share-related figure in securities information 36,563,000 shares Figure listed in the same securities information line as the 52,876-share entry and NASDAQ.
Referenced date in securities information September 17, 2026 Date listed with the securities information line that includes NASDAQ.
Shares from June 3, 2019 open market purchase 23,261 shares Amount shown in the securities to be sold section for a common stock open market purchase on June 3, 2019.
Shares from June 4, 2019 open market purchase 22,886 shares Amount shown in the securities to be sold section for a common stock open market purchase on June 4, 2019.
Shares from June 5, 2019 open market purchase 6,729 shares Amount shown in the securities to be sold section for a common stock open market purchase on June 5, 2019.
Form 144 signature date September 17, 2026 Date appearing with the signature of Adam Michael Contos, Trustee.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10% Stockholder financial
"In addition, information shall be given as to sales by all persons... 10% Stockholder"
Open Market Purchase financial
"Common | 06/03/2019 | Open Market Purchase | Open Market"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
Cash financial
"Common | 06/04/2019 | Open Market Purchase | Open Market | | | 22886 | 06/04/2019 | Cash"
Trustee financial
"Signature | /s/ Adam Michael Contos, Trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing mean for REAX?

The filing shows that The Adaos Trust, a 10% stockholder, has notified regulators of its intent to potentially sell common shares under Rule 144, using Morgan Stanley Smith Barney LLC Executive Financial Services as broker. It is a notice of possible sales, not a confirmation that sales occurred.

Who is selling shares in REAX according to this Form 144?

The notice identifies The Adaos Trust as the person for whose account the securities are to be sold. It is described as a 10% Stockholder, with Adam Michael Contos signing the form as Trustee on September 17, 2026.

Which broker is named in the REAX Form 144 filing?

The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services, with an address at 1 New York Plaza, 8th Floor, New York, NY 10004. This broker is associated with the common stock entry in the securities information section.

What share figures are referenced in the REAX Form 144?

The securities information section references 52,876 shares of common stock, along with a figure of $1,010,930.96 and a share-related figure of 36,563,000, all tied to a date of September 17, 2026. The form does not further explain these figures.

What prior transactions are listed in the REAX Form 144?

The securities to be sold section lists open market purchases of common stock on June 3, 4, and 5, 2019, with share figures of 23,261, 22,886, and 6,729, respectively, each described as acquired for cash in open market purchases.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

Keep reading