Real REMAX grants CFO 27,502 performance stock units
REAX’s CFO received a new 27,502‑unit PSU award while retaining existing RSU and PSU holdings with staggered vesting.
Rhea-AI Filing Summary
Real REMAX Group Inc. (symbol: REAX) is the issuer of record for a Form 4 filing submitted to the SEC. Jani Ravi reported acquisition or exercise transactions in this Form 4 filing.
Real REMAX Group Inc. (REAX) reported that its Chief Financial Officer, Jani Ravi, received a grant of 27,502 Performance Restricted Stock Units (PSUs) on September 9, 2026, each representing one share of common stock. The Form 4 also lists existing Restricted Stock Units and PSUs with detailed multi‑year vesting schedules and shows 15,487 common shares held directly after the reported date. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 27,502 shares
Grant/Award
6 txns
Insider
Jani Ravi
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Restricted Stock Unit F5, F7 | 27,502 | $0.00 | $0.00 |
| holding | Restricted Stock Units F1, F2 | -- | -- | -- |
| holding | Restricted Stock Units F1, F3 | -- | -- | -- |
| holding | Restricted Stock Units F1, F4 | -- | -- | -- |
| holding | Performance Restricted Stock Unit F5, F6 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Restricted Stock Unit — 43,032 contracts for 15,530 underlying shares (Direct);
Restricted Stock Units — 34,520 contracts (Direct);
Common Stock — 15,487 shares (Direct)
Footnotes (7)
- 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: 1,616 shares will vest in equal quarterly installments starting on November 13, 2026 through November 13, 2027.
- F3. 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.
- F4. 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.
- F5. Each PSU represents a contingent right to receive one share of Common Stock of the Issuer.
- F6. 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.
- F7. 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
New Performance RSU grant: 27,502 units
Common stock held directly: 15,487 shares
RSU underlying shares (grant 1): 6,465 shares
+5 more
8 metrics
New Performance RSU grant
27,502 units
Performance Restricted Stock Units granted to CFO on September 9, 2026
Common stock held directly
15,487 shares
Direct common stock holdings after the reported date
RSU underlying shares (grant 1)
6,465 shares
Underlying common shares for one RSU position held directly
RSU underlying shares (grant 2)
7,531 shares
Underlying common shares for a second RSU position held directly
RSU underlying shares (grant 3)
20,524 shares
Underlying common shares for a third RSU position held directly
Existing PSU underlying shares
15,530 shares
Underlying common shares for an existing Performance RSU position
RSU quarterly vesting block
1,616 shares
RSUs vesting in equal quarterly installments from November 13, 2026 through November 13, 2027
PSU first vesting tranche (example)
One-quarter of earned PSUs
Once earned, one-quarter of certain PSUs vest on March 15, 2027
Key Terms
Restricted Stock Units, Performance Restricted Stock Unit, contingent right, performance period, +1 more
5 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 Restricted Stock Unit financial
"Each PSU represents a contingent right to receive one share of Common Stock"
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock"
performance period financial
"These PSUs will be earned based upon the Issuer's performance during the performance period"
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
vesting schedule financial
"These RSUs vest in accordance with the following schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did REAX grant to its CFO on September 9, 2026?
On September 9, 2026, Real REMAX Group Inc. granted its CFO, Jani Ravi, 27,502 Performance Restricted Stock Units, each representing a contingent right to receive one share of common stock, with vesting tied to the company’s performance over a defined performance period.
What RSU positions tied to REAX common stock are disclosed for the CFO?
The filing shows three RSU positions tied to REAX common stock: 6,465 underlying shares, 7,531 underlying shares, and 20,524 underlying shares. Each RSU represents a contingent right to receive one share of Real REMAX Group Inc. common stock, subject to time‑based vesting schedules.
What existing PSU holdings in REAX stock does the CFO have besides the new grant?
Apart from the new award, the filing lists a Performance Restricted Stock Unit position covering 15,530 underlying shares of Real REMAX Group Inc. common stock. These PSUs are earned based on the issuer’s performance during a defined performance period, then vest according to a stated schedule.
Are the REAX equity awards to the CFO made under a Rule 10b5-1 plan?
No. The Form 4 for Real REMAX Group Inc. shows the document-level Rule 10b5-1 checkbox as not checked, so there is no indication that the reported PSU or RSU holdings are related to transactions under a Rule 10b5-1 trading plan.
How do the REAX RSUs for the CFO generally vest over time?
The RSUs vest over multiple years. Examples include 1,616 shares vesting in equal quarterly installments from November 13, 2026 through November 13, 2027 and other blocks vesting quarterly between September 1, 2026 and June 1, 2029, as specified in the detailed schedules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
