Real REMAX CLO acquires 593 shares in RSU vesting
Real REMAX Group’s Chief Legal Officer received 593 shares from RSU vesting, with additional RSUs and PSUs scheduled to vest based on time and performance conditions.
Rhea-AI Filing Summary
Real REMAX Group Inc. (REAX) reported that Chief Legal Officer Alexandra Lumpkin had 784 Restricted Stock Units (RSUs) vest on September 10, 2026. Of these, 593 RSUs were exercised into the same number of shares of Common Stock, increasing her direct holdings to 10,482 shares, while 191 RSUs were settled in cash for tax withholding in an exempt transaction pursuant to Rule 16b-3(b). She continues to hold a substantial number of unvested RSUs and Performance Stock Units (PSUs) that may convert into additional Common Stock over future vesting dates, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
593 shares exercised/converted
Exercise
8 txns
Insider
Lumpkin Alexandra
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F4, F5 | 593 | $0.00 | $0.00 |
| Disposition | Restricted Stock Units F1, F4, F5 | 191 | $0.00 | $0.00 |
| Exercise | Common Stock | 593 | $0.00 | $0.00 |
| holding | Restricted Stock Units F1, F2 | -- | -- | -- |
| holding | Restricted Stock Units F1, F3 | -- | -- | -- |
| holding | Restricted Stock Unit F1, F6 | -- | -- | -- |
| holding | Performance Stock Units F7, F8 | -- | -- | -- |
| holding | Performance Stock Units F7, F9 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 11,838 contracts for 4,003 underlying shares (Direct);
Common Stock — 10,482 shares (Direct);
Restricted Stock Unit — 23,332 contracts (Direct);
Performance Stock Units — 40,086 contracts (Direct)
Footnotes (9)
- F1. Each RSU represents a contingent right to receive one share of Common Stock of the Issuer.
- F2. These RSUs vest in accordance with the following schedule: 400 shares will vest quarterly starting on September 17, 2026 through March 17, 2027.
- F3. These RSUs vest in accordance with the following schedule: 402 shares will vest on September 13, 2026; 400 shares will vest quarterly starting 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.
- F4. Reflects the 784 RSUs that vested on September 10, 2026, of which 593 were settled in shares of Common Stock and 191 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: 784 shares will vest quarterly starting on September 10, 2026 through March 10, 2028; 783 shares will vest quarterly starting June 10, 2028 through December 10, 2028; and 782 shares will vest on March 10, 2029.
- F6. These RSUs vest in accordance with the following schedule: 5,834 will vest on March 9, 2027; 1,459 will vest quarterly starting on June 9, 2027 through September 9, 2029; and 1,458 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.
- F9. These PSUs will be earned based upon the Issuer's performance period. Once earned, the PSUs will best 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: 784 units
RSUs settled in shares: 593 units
RSUs settled for tax withholding: 191 units
+5 more
8 metrics
RSUs vested
784 units
RSUs that vested on September 10, 2026
RSUs settled in shares
593 units
RSUs converted into 593 shares of Common Stock on September 10, 2026
RSUs settled for tax withholding
191 units
RSUs settled in cash for tax withholding in an exempt transaction
Common Stock holdings after transaction
10,482 shares
Direct Common Stock held by Alexandra Lumpkin after September 10, 2026
Unvested RSUs (1)
1,200 underlying shares
Restricted Stock Units tied to Common Stock with vesting starting September 17, 2026
Unvested RSUs (2)
2,803 underlying shares
Restricted Stock Units with multiple vesting dates from September 13, 2026 through March 13, 2028
Unvested RSUs (3)
23,332 underlying shares
Restricted Stock Units with vesting dates from March 9, 2027 through March 9, 2030
Unvested PSUs
8,822 and 31,264 underlying shares
Performance Stock Units earned based on performance, vesting from March 15, 2027 and March 15, 2028
Key Terms
Restricted Stock Units, Performance Stock Units, contingent right, Rule 16b-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.
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock"
Rule 16b-3(b) regulatory
"settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16b-3(b)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did REAX’s Chief Legal Officer report on this Form 4?
The Chief Legal Officer, Alexandra Lumpkin, reported vesting of 784 RSUs on September 10, 2026, with 593 settled in Common Stock and 191 settled in cash for tax withholding, plus updated holdings of RSUs and PSUs tied to future vesting schedules.
Were any of the REAX RSUs used to cover taxes in this Form 4?
Yes. Of the 784 RSUs that vested on September 10, 2026, 191 RSUs were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16b-3(b), while 593 were settled in shares of Common Stock.
Does Alexandra Lumpkin still hold unvested REAX RSUs after this filing?
Yes. She continues to hold RSUs representing 1,200, 2,803 and 23,332 underlying shares of Common Stock, each subject to specified vesting schedules running through dates between 2027 and 2030.
What Performance Stock Units (PSUs) linked to REAX common stock does she hold?
She holds PSUs representing 8,822 and 31,264 underlying shares of Common Stock. These PSUs will be earned based on the company’s performance, then vest over schedules beginning March 15, 2027 and March 15, 2028, respectively.
Was a Rule 10b5-1 trading plan involved in these REAX transactions?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, and the footnotes do not state that the transactions were executed pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
