Kutzman Thomas J Jr 4

What Happened Thomas J. Kutzman Jr., Chief Financial Officer of reAlpha Tech Corp. (AIRE), was granted 5,536 restricted stock units (RSUs) on April 30, 2026. The grant shows an acquisition price of $0.00 (i.e., no cash paid). Based on the 10‑day VWAP ending April 30, 2026 (adjusted for a 1-for-25 reverse stock split), the award’s implied value is roughly $4.6911 per share, or about $25,970 in total. This was a compensatory grant, not an open‑market purchase or sale.

Key Details

• Transaction date: April 30, 2026; Form 4 filed May 4, 2026 (appears timely within the two business‑day window).
• Security and amount: 5,536 RSUs awarded; acquisition price reported as $0.00.
• Implied value: VWAP $4.6911 (10‑day period ending Apr 30, 2026) → ~ $25,970 total.
• Vesting: 50% vests 12 months after grant; remaining 50% vests in four equal quarterly installments over the following 12 months, subject to continued service and Plan terms.
• Reverse split: Issuer implemented a 1-for-25 reverse stock split on Apr 30, 2026; all share figures are adjusted to reflect this.
• Shares owned after transaction: not specified in the provided filing.

Context

• These RSUs are contingent rights to receive one share per unit upon vesting and are standard executive compensation—neither an immediate cash purchase nor a sale. The grant was pro‑rated for Kutzman’s service beginning with his appointment on Feb 25, 2026.