Real REMAX director reports 9,934 RSUs stake
Real REMAX Group Inc. (REAX) disclosed the initial equity position of director Ken Pozek following the combination of The Real Brokerage Inc. and RE/MAX Holdings, Inc. into Real REMAX Group Inc. on August 24, 2026.
Rhea-AI Filing Summary
Real REMAX Group Inc. (REAX) disclosed the initial equity position of director Ken Pozek following the combination of The Real Brokerage Inc. and RE/MAX Holdings, Inc. into Real REMAX Group Inc. on August 24, 2026. Pozek holds 9,934 restricted share units of Real REMAX Group Inc., each representing the right, subject to vesting, to receive one share of the company’s common stock (or a cash equivalent) at settlement.
The disclosure explains that, under an Arrangement Agreement and Plan of Merger, all issued and outstanding shares of The Real Brokerage Inc. and RE/MAX Holdings, Inc. were acquired. Each Real common share was first consolidated on a 10-for-1 basis and then converted into the right to receive one Real REMAX Group Inc. common share. Each RE/MAX common share was converted into the right to receive either $13.80 in cash or 0.5150 Real REMAX Group Inc. common shares, in each case subject to proration under the merger agreement.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, par value $0.001 per share F1, F2, F3 | -- | -- | -- |
Footnotes (3)
- F1. Pursuant to the Arrangement Agreement and Plan of Merger, dated as of April 26, 2026 (as amended, the "Merger Agreement"), by and among the Issuer, The Real Brokerage Inc. ("Real"), RE/MAX Holdings, Inc. ("REMAX") and certain subsidiaries of the Issuer, on August 24, 2026, the Issuer acquired all of the issued and outstanding shares of Real and REMAX. Pursuant to the Merger Agreement, each issued and outstanding common shares of Real (each, a "Real Common Share") was consolidated on a 10-for-1 basis (the "Share Consolidation") and converted into the right to receive one share of common stock of the Issuer, and each issued and outstanding share of common stock of REMAX was converted into the right to receive either (i) $13.80 in cash or (ii) 0.5150 shares of common stock, par value $0.001 of the Issuer (after giving effect to the Share Consolidation), subject in each case to the proration provisions of the Merger Agreement.
- F2. Pursuant to the Merger Agreement, each restricted share unit of Real ("Real RSU") was exchanged for a restricted share unit of the Issuer entitling the holder to receive the same number of shares of common stock of the Issuer (or cash equivalent) as the number of Real Common Shares (or cash equivalent) the holder was entitled to receive following the Share Consolidation (rounded down to the nearest whole share).
- F3. Includes restricted share units of the Issuer which, subject to vesting, represents the right to receive, at settlement, 9,934 shares of common stock of the Issuer.
Key Figures
Key Terms
Arrangement Agreement and Plan of Merger regulatory
proration provisions financial
cash equivalent financial
FAQ
What equity stake did Ken Pozek report in Real REMAX Group Inc. (REAX) on this Form 3?
When did Real REMAX Group Inc. (REAX) complete the acquisitions of Real and RE/MAX?
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