Cole Brian D. 4

What Happened
Brian D. Cole (listed in the filing as Cole Brian D.), a director of reAlpha Tech Corp. (AIRE), was granted 14,778 shares on 2026-01-30 as a quarterly non‑executive director compensation award. The shares were issued at $0.00 (no cash paid); the number of shares was determined using the 10‑day volume‑weighted average price (VWAP) of the Nasdaq closing price ending on January 30, 2026.

Key Details

• Transaction type: Award/Grant (code A) — 14,778 shares awarded.
• Transaction date: January 30, 2026. Form 4 filed February 3, 2026 (within the two‑business‑day reporting window).
• Price reported: $0.00 (shares issued as compensation). Monetary value is set by the 10‑day VWAP per footnote.
• Shares owned after transaction: Not reported in the information provided in this summary/form.
• Footnote: Award is quarterly compensation under the Issuer’s 2022 Equity Incentive Plan; share count was based on the 10‑day VWAP ending Jan 30, 2026.

Context
This was a routine director compensation issuance, not an open‑market purchase or sale. Such awards are common for non‑executive directors and reflect compensation rather than a personal buy/sell decision; they do not by themselves indicate the director’s market sentiment.