Real REMAX grants 31,264 PSUs to legal chief
Real REMAX Group’s Chief Legal Officer received a 31,264-PSU performance-based grant with multi-year vesting and continues to hold common shares and prior equity awards.
Rhea-AI Filing Summary
Real REMAX Group Inc. (symbol: REAX) is the issuer of record for a Form 4 filing submitted to the SEC. Lumpkin Alexandra reported acquisition or exercise transactions in this Form 4 filing.
Real REMAX Group Inc. (REAX) reported that Chief Legal Officer Alexandra Lumpkin received a grant of 31,264 Performance Stock Units (PSUs) on September 9, 2026, each representing a contingent right to receive one share of Common Stock, earned based on the issuer's performance during the performance period.
Once earned, these PSUs will vest with one-half vesting on March 15, 2028 and the remaining shares vesting in equal quarterly installments over the next six quarters. The filing also reports multiple outstanding RSU and PSU awards and that Lumpkin directly holds 9,889 shares of Common Stock; no Rule 10b5-1 plan is reported.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units F7, F9 | 31,264 | $0.00 | $0.00 |
| holding | Restricted Stock Units F2, F3 | -- | -- | -- |
| holding | Restricted Stock Units F2, F4 | -- | -- | -- |
| holding | Restricted Stock Units F2, F5 | -- | -- | -- |
| holding | Restricted Stock Units F2, F6 | -- | -- | -- |
| holding | Performance Stock Units F7, F8 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Footnotes (9)
- F1. The Reporting Person previously reported awards of restricted stock units ("RSUs") and performance restricted stock units ("PSUs") in Table 1 of Form 3. This amount reflects the exclusion of the RSUs and PSUs.
- F2. Each RSU represents a contingent right to receive one share of Common Stock of the Issuer.
- F3. These RSUs vest in accordance with the following schedule: 400 shares will vest quarterly starting on September 17, 2026 through March 17, 2027.
- F4. These RSUs vest in accordance with the following schedule: 402 shares will vest on September 13, 2026; 400 shares will vest quarterly starting on December 13, 2026 through June 13, 2027; 401 shares will vest on September 13, 2027; and 400 shares will vest quarterly on December 13, 2027 through March 13, 2028.
- F5. These RSUs vest in accordance with the following schedule: 784 shares will vest quarterly starting on September 10, 2026 through March 10, 2028; 783 shares will vest quarterly starting on June 10, 2028 through December 10, 2028; and 782 shares vest on March 10, 2029.
- F6. These RSUs vest in accordance with the following schedule: 5,834 shares will vest on March 9, 2027; 1,459 shares will vest quarterly starting on June 9, 2027 through September 9, 2027; and 1,458 shares will vest quarterly starting on December 9, 2027 through March 9, 2030.
- F7. Each PSU represents a contingent right to receive one share of Common Stock of the Issuer.
- F8. 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 in equal quarterly installments over the next four quarters immediately following March 15, 2027.
- F9. 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
Key Terms
Performance Stock Units financial
Restricted Stock Units financial
contingent right financial
performance period financial
Rule 10b5-1 plan regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did REAX grant to its Chief Legal Officer on September 9, 2026?
How do the new PSUs granted to REAX’s Chief Legal Officer vest?
What other equity awards in REAX does the Chief Legal Officer hold besides the new PSUs?
Are the REAX equity transactions for the Chief Legal Officer under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.