Real REMAX CTO adds 1,285 shares in RSU vest
Real REMAX Group’s CTO had RSUs vest into shares and cash while retaining substantial option and share-unit holdings.
Rhea-AI Filing Summary
Real REMAX Group Inc. (REAX) reported that Chief Technology Officer Pritesh Damani had 2,119 Restricted Stock Units vest on September 13, 2026; 1,285 of these were settled in Common Stock and 834 were settled in cash for tax withholding. Following this, he held 76,540 shares of Common Stock directly, along with sizeable outstanding stock options, RSUs, and Performance Stock Units that may convert into additional shares over time. No transactions were reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,285 shares exercised/converted
Exercise
10 txns
Insider
Damani Pritesh
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4, F5 | 1,285 | $0.00 | $0.00 |
| Disposition | Restricted Stock Units F3, F4, F5 | 834 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,285 | $0.00 | $0.00 |
| holding | Stock Options F1 | -- | -- | -- |
| holding | Stock Options F2 | -- | -- | -- |
| holding | Restricted Stock Units F3, F6 | -- | -- | -- |
| 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 — 139,461 contracts for 126,750 underlying shares (Direct);
Common Stock — 76,540 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 Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer.
- F4. Reflects the 2,119 RSUs that vested on September 13, 2026, of which 1,285 were settled in shares of Common Stock and 834 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b).
- F5. These RSUs vest in accordance with the following schedule: approximately 2,119 shares will vest quarterly starting on September 13, 2026 through March 13, 2028.
- 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 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 shares 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 Performance Stock Unit ("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 in equal quarterly installments 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: 2,119 units
RSUs settled in shares: 1,285 shares
RSUs settled in cash for taxes: 834 units
+5 more
8 metrics
RSUs vested
2,119 units
Restricted Stock Units that vested on September 13, 2026
RSUs settled in shares
1,285 shares
Portion of vested RSUs settled in Common Stock on September 13, 2026
RSUs settled in cash for taxes
834 units
Portion of vested RSUs settled in cash for tax withholding on September 13, 2026
Common Stock held directly
76,540 shares
Direct holdings of Common Stock after the September 13, 2026 transactions
Stock options at $8.74
51,072 underlying shares
Fully vested options exercisable at $8.74, expiring January 8, 2031
Stock options at $12.50
134,000 underlying shares
Options, partially vested, exercisable at $12.50, expiring March 23, 2033
Restricted Stock Units outstanding
14,581; 68,750; 43,419 underlying shares
Three RSU awards subject to future vesting schedules
Performance Stock Units outstanding
15,165; 58,180 underlying shares
Two PSU awards earned based on performance, then vesting from March 2027 and March 2028
Key Terms
Restricted Stock Unit, Performance Stock Unit, tax withholding, fully vested and exercisable, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Performance Stock Unit financial
"Each Performance Stock Unit ("PSU") represents a contingent right to receive one share"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
tax withholding financial
"834 were settled in cash for payment of tax withholding in an exempt transaction"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
fully vested and exercisable financial
"These stock options are fully vested and exercisable."
exempt transaction regulatory
"settled in cash for payment of tax withholding in an exempt transaction pursuant"
A transaction in which securities are sold without the issuer having to register them with the securities regulator because the sale meets legal exemptions (for example private placements, certain small offerings, or sales to accredited investors). It matters to investors because exempt transactions often involve less public disclosure and more limits on resale, like buying something from a private marketplace rather than a public store—so information access and liquidity can differ from registered offerings.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity transaction did REAX’s CTO report on September 13, 2026?
Pritesh Damani reported vesting of 2,119 Restricted Stock Units on September 13, 2026. Of these, 1,285 units were settled in shares of Common Stock and 834 units were settled in cash to cover tax withholding in an exempt transaction.
Were any of the REAX insider transactions made under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan was affirmed for the reported transactions by Real REMAX Group Inc.’s Chief Technology Officer.
What stock options for REAX does the CTO still hold after this filing?
Pritesh Damani 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 $12.50 expiring March 23, 2033, all held directly.
What unvested RSUs does the REAX CTO have outstanding?
The CTO has several RSU positions that each represent rights to Common Stock, including blocks over 14,581, 68,750, and 43,419 underlying shares, all subject to stated quarterly vesting schedules running through dates between 2028 and 2030.
What Performance Stock Units tied to REAX’s results does the CTO hold?
He holds Performance Stock Units representing rights to 15,165 and 58,180 underlying shares of Common Stock. These will be earned based on the company’s performance during specified periods and, once earned, will vest in scheduled installments beginning in March 2027 and March 2028.
AI-generated analysis. How Rhea-AI works. Not financial advice.
