4Filed Jul 28, 8:00 PM ET

reAlpha Tech (AIRE) CEO Michael Logozzo Withholds 928 Shares for Taxes

$AIRE · reAlpha Tech Corp.

Research Summary

AI-generated summary of this SEC filing

Updated

reAlpha Tech (AIRE) CEO Michael Logozzo Withholds 928 Shares for Taxes

What Happened
Michael J. Logozzo, CEO and Director of reAlpha Tech Corp. (AIRE), had 928 shares of common stock withheld to satisfy tax withholding obligations tied to the settlement of restricted stock units (RSUs). The shares were valued at $1.42 each, for a total withholding of approximately $1,318. This was a tax-withholding transaction (code F), not an open-market sale or purchase.

Key Details

  • Transaction date: July 27, 2026; filing date: July 29, 2026 (timely filing).
  • Withheld: 928 shares at $1.42 per share; total value ≈ $1,318.
  • Shares owned after the transaction: not specified in this filing.
  • Footnote: The withholding satisfied tax obligations from RSUs granted April 30, 2025 (6,389 RSUs in aggregate). Of those, 3,195 RSUs vested 12 months after the grant date; the remaining 50% vests in four equal quarterly installments over the following 12 months, subject to continued service and plan terms.
  • Transaction code: F = tax withholding/cashless settlement of equity awards.

Context
This is a routine, administrative withholding of shares to cover taxes on RSU settlement (a common "cashless" method) and does not indicate an open-market sale or a change in insider sentiment. For retail investors, purchases or open-market sales by insiders are generally more informative about conviction; tax withholdings for vested awards are standard and often occur without reflecting a trading decision.