David L. Liniger reports 5.6M Real REMAX shares
A more-than-10% owner of Real REMAX Group Inc. reports over 5.5 million REAX shares held indirectly through a trust on an initial Form 3.
Rhea-AI Filing Summary
Real REMAX Group Inc. (REAX) reported the initial beneficial ownership of common stock by David L. Liniger on a Form 3. Liniger, identified as a more-than-ten-percent owner, reports 5,592,781 shares of common stock held indirectly through the Amended and Restated ADAOS Trust. The filing lists this as a holding, not a new transaction.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Liniger David L.
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,592,781 shares (Indirect, By Amended and Restated ADAOS Trust)
Key Figures
Indirectly held common shares: 5,592,781 shares
Ownership status: More-than-ten-percent owner
Reported transactions in Form 3: 0 buy/sell transactions
3 metrics
Indirectly held common shares
5,592,781 shares
Beneficially owned indirectly by David L. Liniger through Amended and Restated ADAOS Trust as of August 24, 2026
Ownership status
More-than-ten-percent owner
Reported role for David L. Liniger relative to Real REMAX Group Inc.
Reported transactions in Form 3
0 buy/sell transactions
Filing lists only a holding entry with no acquired or disposed shares
Key Terms
Form 3, ten percent owner, indirect, Power of Attorney
4 terms
Form 3 regulatory
"reported the initial beneficial ownership of common stock by David L. Liniger on a Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
ten percent owner regulatory
"Liniger, identified as a more-than-ten-percent owner, reports 5,592,781 shares"
indirect financial
"reports 5,592,781 shares of common stock held indirectly through the Amended and Restated ADAOS Trust"
Power of Attorney regulatory
"EXHIBIT LIST - Exhibit 24 - Power of Attorney for David L. Liniger"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filed for REAX disclose about David L. Liniger?
It shows that David L. Liniger is a more-than-ten-percent owner of Real REMAX Group Inc. (REAX) and reports his initial beneficial ownership of the company’s common stock, held indirectly through a trust.
Is David L. Liniger’s ownership in REAX direct or indirect?
His reported ownership is indirect. The 5,592,781 shares of REAX common stock are held "By Amended and Restated ADAOS Trust," as stated in the filing.
Does this REAX Form 3 report any new stock transactions by David L. Liniger?
No. The entry is characterized as a holding, with no transaction code and no acquired or disposed shares reported. It establishes Liniger’s existing beneficial ownership position.
Is there any Rule 10b5-1 trading plan noted in this REAX Form 3?
No Rule 10b5-1 trading plan is reported. The document-level indicator for a Rule 10b5-1 plan is null, and there are no footnotes describing any trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
