Real REMAX CTO adds 884 shares in RSU vesting
Real REMAX Group Inc.’s CTO recorded RSU vesting on September 10, 2026, increasing direct Common Stock holdings while using part of the award to cover tax withholding.
Rhea-AI Filing Summary
Real REMAX Group Inc. (REAX) reports that Chief Technology Officer Pritesh Damani had 1,459 Restricted Stock Units vest on September 10, 2026; 884 RSUs were exercised into an equal number of Common Stock shares, bringing his directly held Common Stock to 75,255 shares.
The remaining 575 vested RSUs were disposed of to the issuer and settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). Damani continues to hold significant equity awards, including stock options, RSUs and Performance Stock Units that may convert into additional Common Stock over time; no Rule 10b5-1 trading plan is reported.
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Insider Trade Summary
884 shares exercised/converted
Exercise
10 txns
Insider
Damani Pritesh
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F5, F6 | 884 | $0.00 | $0.00 |
| Disposition | Restricted Stock Units F3, F5, F6 | 575 | $0.00 | $0.00 |
| Exercise | Common Stock | 884 | $0.00 | $0.00 |
| holding | Stock Options F1 | -- | -- | -- |
| holding | Stock Options F2 | -- | -- | -- |
| holding | Restricted Stock Units F3, F4 | -- | -- | -- |
| holding | Restricted Stock Units F3, F7 | -- | -- | -- |
| holding | Restricted Stock Units F3, F8 | -- | -- | -- |
| holding | Performance Stock Units F9, F10 | -- | -- | -- |
| holding | Performance Stock Units F9, F11 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 141,580 contracts for 126,999 underlying shares (Direct);
Common Stock — 75,255 shares (Direct);
Stock Options — 185,072 contracts (Direct);
Performance Stock Units — 73,345 contracts (Direct)
Footnotes (11)
- F1. These stock options are fully vested and exercisable.
- F2. 65,250 of these stock options have vested and the remaining stock options vest in accordance with the following schedule: 6,250 shares vest quarterly starting on September 23, 2026 through March 23, 2029.
- F3. Each RSU represents a contingent right to receive one share of Common Stock of the Issuer.
- F4. These RSUs vest in accordance with the following schedule: 2,119 shares will vest quarterly starting on September 13, 2026 through March 13, 2028.
- F5. Reflects the 1,459 RSUs that vested on September 10, 2026, of which 884 were settled in shares of Common Stock and 575 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b).
- F6. These RSUs vest in accordance with the following schedule: 1,459 shares will vest quarterly starting on September 10, 2026 through December 10, 2026; and 1,458 shares will vest quarterly starting March 10, 2027 through March 10, 2029.
- F7. These RSUs vest in accordance with the following schedule: 6,250 shares vest quarterly starting on November 15, 2026 through May 15, 2029.
- F8. These RSUs vest in accordance with the following schedule: 10,854 will vest on March 9, 2027; 2,714 will vest quarterly starting on June 9, 2027 through June 9, 2029; and 2,713 will vest quarterly starting on September 9, 2029 through March 9, 2030.
- F9. Each PSU represents a contingent right to receive one share of Common Stock of the Issuer.
- F10. These PSUs will be earned based upon the Issuer's performance during the performance period. Once earned, the PSUs will vest in accordance with the following schedule: one-quarter of the PSUs will vest on March 15, 2027 and the remaining shares will vest quarterly over the next four quarters immediately following March 15, 2027.
- F11. These PSUs will be earned based upon the Issuer's performance during the performance period. Once earned, the PSUs will vest in accordance with the following schedule: one-half of the PSUs will vest on March 15, 2028 and the remaining shares will vest in equal quarterly installments over the next six quarters immediately following March 15, 2028.
Key Figures
RSUs vested: 1,459 units
RSUs converted to Common Stock: 884 shares
RSUs settled for tax withholding: 575 units
+5 more
8 metrics
RSUs vested
1,459 units
Restricted Stock Units vesting on September 10, 2026 for the CTO
RSUs converted to Common Stock
884 shares
RSUs exercised into Common Stock on September 10, 2026
RSUs settled for tax withholding
575 units
RSUs disposed to issuer and settled in cash for tax withholding
Common Stock held after transaction
75,255 shares
Direct Common Stock holdings of CTO following September 10, 2026 activity
Stock options @ $8.74
51,072 underlying shares
Options exercisable at $8.74 expiring January 8, 2031, held directly
Stock options @ $12.50
134,000 underlying shares
Options exercisable at $12.50 expiring March 23, 2033, held directly
Outstanding RSUs
126,999 underlying shares
RSUs over 14,830; 68,750; and 43,419 underlying Common shares held directly
Outstanding PSUs
73,345 underlying shares
Performance Stock Units over 15,165 and 58,180 underlying Common shares
Key Terms
Restricted Stock Units, Performance Stock Units, stock options, Rule 16-3(b)
4 terms
Restricted Stock Units financial
"Each RSU represents a contingent right to receive one share of Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Stock Units financial
"Each PSU represents a contingent right to receive one share of Common Stock"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
stock options financial
"These stock options are fully vested and exercisable"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Rule 16-3(b) regulatory
"settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity activity did REAX’s CTO report on September 10, 2026?
On September 10, 2026, REAX Chief Technology Officer Pritesh Damani had 1,459 RSUs vest. Of these, 884 RSUs converted into Common Stock and 575 RSUs were settled in cash and disposed to the issuer for tax withholding in an exempt transaction.
What stock options in REAX does the CTO still hold?
The CTO holds stock options over 51,072 shares of Common Stock at an exercise price of $8.74 expiring January 8, 2031, and options over 134,000 shares at an exercise price of $12.50 expiring March 23, 2033, all held directly.
What RSU and PSU awards in REAX remain outstanding for the CTO?
Outstanding equity awards include Restricted Stock Units over 14,830, 68,750, and 43,419 underlying Common shares, plus Performance Stock Units over 15,165 and 58,180 underlying shares. Each RSU or PSU represents a contingent right to receive one share of Common Stock once conditions are met.
Was the REAX CTO’s September 10, 2026 transaction under a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan for these transactions. The equity activity reflects scheduled vesting of RSUs, including conversion into Common Stock and a portion settled in cash for tax withholding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
