reAlpha Tech (AIRE) 10% Owner Devanur Giri Receives RSU Award

What Happened
Devanur Giri, a reported 10% owner of reAlpha Tech Corp. (AIRE), received a grant of 43,580 restricted stock units (RSUs) on July 30, 2026. The Form 4 reports the acquisition price as $0.00 (award/grant). Based on the issuer’s 10-day volume-weighted average price of $1.4341 through July 30, 2026, the award’s indicative value is approximately $62,500. This is a compensation grant (not an open-market purchase or sale).

Key Details

• Transaction date: July 30, 2026; transaction type: Award/Grant (code A); price reported $0.00.
• Number of RSUs granted: 43,580; implied value ≈ $62,500 (10‑day VWAP $1.4341).
• Vesting: 50% vest 12 months after grant; remaining 50% vest in four equal quarterly installments over the following 12 months, subject to continued service and plan terms (see footnote).
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnotes: RSUs granted as executive compensation for services during the quarter ended June 30, 2026; Giri is the managing member of Giri Devanur Holdings LLC and holds sole voting and investment power over those LLC-held shares.
• Filing timeliness: Form filed 2026-08-03 for a 2026-07-30 grant — filed within the typical two-business-day Form 4 window.

Context
RSUs are a deferred-compensation award that convert to shares only as they vest; they do not represent immediate cash proceeds or open-market buying/selling. Because this grant is compensation to an executive and the filer is a 10% owner via an LLC, the transaction signals a standard equity-compensation grant rather than an independent insider purchase or sale.