Real REMAX CLO receives 302 shares in RSU vesting
Rhea-AI Filing Summary
Real REMAX Group Inc. (REAX) reported that Chief Legal Officer Alexandra Lumpkin had 400 restricted stock units vest on September 17, 2026, with 302 RSUs converted into an equal number of shares of Common Stock and 98 RSUs settled in cash for tax withholding in an exempt transaction. Following the conversion, she directly holds 11,088 shares of Common Stock and continues to hold additional RSUs and performance stock units that may settle into Common Stock over future vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
302 shares exercised/converted
Exercise
8 txns
Insider
Lumpkin Alexandra
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2, F3 | 302 | $0.00 | $0.00 |
| Disposition | Restricted Stock Units F1, F2, F3 | 98 | $0.00 | $0.00 |
| Exercise | Common Stock | 302 | $0.00 | $0.00 |
| holding | Restricted Stock Units F1, F4 | -- | -- | -- |
| holding | Restricted Stock Units F1, F5 | -- | -- | -- |
| holding | Restricted Stock Units F1, F6 | -- | -- | -- |
| holding | Performance Stock Units F7, F8 | -- | -- | -- |
| holding | Performance Stock Units F7, F9 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 34,368 contracts for 33,568 underlying shares (Direct);
Common Stock — 11,088 shares (Direct);
Performance Stock Units — 40,086 contracts (Direct)
Footnotes (9)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer.
- F2. Reflects the 400 RSUs that vested on September 17, 2026, of which 302 were settled in shares of Common Stock and 98 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b).
- 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, 2029; and 1,458 shares will vest quarterly starting on December 9, 2029 through March 9, 2030.
- F7. Each performance stock unit ("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
RSUs vested: 400 units
RSUs settled in Common Stock: 302 shares
RSUs settled in cash for tax withholding: 98 units
+5 more
8 metrics
RSUs vested
400 units
Restricted stock units that vested on September 17, 2026
RSUs settled in Common Stock
302 shares
RSUs vested and settled in REAX Common Stock on September 17, 2026
RSUs settled in cash for tax withholding
98 units
Portion of vested RSUs settled in cash to pay tax withholding
Common Stock holdings after transaction
11,088 shares
Direct REAX Common Stock held by Alexandra Lumpkin after September 17, 2026
Outstanding RSUs (block 1)
2,401 underlying shares
Restricted Stock Units remaining outstanding, vesting through March 13, 2028
Outstanding RSUs (block 2)
7,835 underlying shares
Restricted Stock Units remaining outstanding, vesting through March 10, 2029
Outstanding RSUs (block 3)
23,332 underlying shares
Restricted Stock Units remaining outstanding, vesting through March 9, 2030
Outstanding PSUs
8,822 and 31,264 underlying shares
Performance stock units earned based on issuer performance and vesting from 2027–2029
Key Terms
Restricted Stock Units, Performance Stock Units, contingent right, Rule 16-3(b)
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive"
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 performance stock unit ("PSU") represents a contingent right to receive"
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.
contingent right financial
"represents a contingent right to receive one share of Common Stock"
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 transaction did REAX report for Chief Legal Officer Alexandra Lumpkin?
REAX reported that 400 RSUs vested for Chief Legal Officer Alexandra Lumpkin on September 17, 2026, with 302 units settled in Common Stock and 98 units settled in cash to cover tax withholding in an exempt transaction.
How many REAX restricted stock units does Alexandra Lumpkin still have outstanding?
The filing lists outstanding RSUs tied to 2,401, 7,835, and 23,332 underlying REAX common shares, each subject to specific multi-year vesting schedules detailed in the footnotes.
What performance stock units (PSUs) in REAX does Alexandra Lumpkin hold?
She holds performance stock units linked to 8,822 and 31,264 underlying REAX common shares. These PSUs are earned based on the issuer’s performance, then vest in scheduled quarterly installments beginning in 2027 and 2028, respectively.
Was Alexandra Lumpkin’s REAX transaction made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmatively adopted plan, and the footnotes do not state that the September 17, 2026 transactions were executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
