Real REMAX CFO reports vesting of 685 RSUs
Real REMAX Group’s CFO received vested shares from RSUs while a portion of the award was used to cover tax withholding in an exempt transaction.
Rhea-AI Filing Summary
Real REMAX Group Inc. (REAX) reported that Chief Financial Officer Jani Ravi had 685 restricted stock units (RSUs) vest on September 1, 2026, of which 437 were settled in shares of common stock and 248 were disposed of to the issuer in connection with tax withholding, in an exempt transaction pursuant to Rule 16-3(b).
The vesting and settlement increased Ravi’s directly held common stock to 15,487 shares, and he continues to hold additional awards of RSUs and performance RSUs covering substantial underlying common shares that will vest on various schedules through 2030. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
437 shares exercised/converted
Exercise
6 txns
Insider
Jani Ravi
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F4, F5 | 437 | $0.00 | $0.00 |
| Disposition | Restricted Stock Unit F2, F4, F5 | 248 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 437 | $0.00 | $0.00 |
| holding | Restricted Stock Units F2, F3 | -- | -- | -- |
| holding | Restricted Stock Units F2, F6 | -- | -- | -- |
| holding | Performance Restricted Stock Unit F7, F8 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 34,768 contracts for 26,989 underlying shares (Direct);
Restricted Stock Unit — 7,531 contracts (Direct);
Common Stock — 15,487 shares (Direct);
Performance Restricted Stock Unit — 15,530 contracts (Direct)
Footnotes (8)
- 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, and the vesting of 437 shares of common stock.
- F2. Each RSU represents a contingent right to receive one share of Common Stock of the Issuer.
- F3. These RSUs vest in equal quarterly installments on November 13, 2026 through November 13, 2027.
- F4. Reflects the 685 RSUs that vested on September 1, 2026, of which 437 were settled in shares of Common Stock and 248 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: 685 shares will vest quarterly starting on September 1, 2026 through September 1, 2028; 684 shares will vest quarterly starting December 1, 2028 through March 1, 2029; and 683 shares will vest on June 1, 2029.
- F6. These RSUs vest in accordance with the following schedule: 5,130 will vest on March 9, 2027; 1,283 will vest quarterly starting on June 9, 2027 through September 9, 2029; and 1,282 will vest quarterly starting on December 9, 2029 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 quarterly over the next four quarters immediately following March 15, 2027.
Key Figures
RSUs vested on September 1, 2026: 685 units
RSUs settled in common stock: 437 units
RSUs disposed for tax withholding: 248 units
+4 more
7 metrics
RSUs vested on September 1, 2026
685 units
RSUs that vested for the CFO, as described in the footnotes
RSUs settled in common stock
437 units
Portion of vested RSUs settled in REAX common shares
RSUs disposed for tax withholding
248 units
Vested RSUs settled in cash for tax withholding in exempt transaction
Common stock directly held after transactions
15,487 shares
CFO’s direct common stock holdings after September 1, 2026
RSUs outstanding (first award)
6,465 underlying shares
Restricted stock units convertible into common stock, direct ownership
RSUs outstanding (second award)
20,524 underlying shares
Additional restricted stock units linked to common stock, direct ownership
Performance RSUs outstanding
15,530 underlying shares
Performance restricted stock units contingent on issuer’s performance
Key Terms
Restricted Stock Units, Performance Restricted Stock Unit, tax withholding, Rule 16-3(b)
4 terms
Restricted Stock Units financial
"The Reporting Person previously reported awards of restricted stock units ("RSUs")"
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 Restricted Stock Unit financial
"previously reported awards of restricted stock units ("RSUs") and performance restricted stock units"
tax withholding financial
"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.
Rule 16-3(b) regulatory
"tax withholding in an exempt transaction pursuant to Rule 16-3(b)"
FAQ
What did REAX CFO Jani Ravi report in this Form 4 for September 1, 2026?
He reported that 685 RSUs vested, with 437 units settled in common stock and 248 units disposed of to the issuer in connection with tax withholding in an exempt transaction, increasing his directly held common shares to 15,487.
How many restricted stock units vested for the REAX CFO and how were they settled?
On September 1, 2026, 685 RSUs vested for the CFO. Of these, 437 RSUs were settled in shares of common stock and 248 RSUs were disposed of to the issuer and settled in cash for tax withholding in an exempt transaction.
Does this REAX Form 4 indicate a Rule 10b5-1 trading plan for the CFO?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, and the footnotes describe vesting and tax withholding mechanics rather than trades under a pre-arranged Rule 10b5-1 trading plan.
What ongoing RSU awards does the REAX CFO hold after this Form 4?
He holds RSUs with underlying 6,465 and 20,524 shares of common stock, plus performance RSUs with 15,530 underlying shares. The RSUs and PSUs vest on specified quarterly and annual schedules between 2026 and 2030.
How are the REAX CFO’s performance RSUs scheduled to vest?
The performance RSUs will be earned based on the issuer’s performance during a performance period. Once earned, one-quarter vests on March 15, 2027, and the remaining shares vest quarterly over the next four quarters.
AI-generated analysis. How Rhea-AI works. Not financial advice.
