4//SEC Filing
Devanur Giri 4
Accession 0002008589-25-000009
CIK 0001859199other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 7:31 PM ET
Size
9.1 KB
Accession
0002008589-25-000009
Insider Transaction Report
Form 4
Devanur Giri
DirectorCEO and Chairman10% Owner
Transactions
- Award
Common Stock
2025-07-30+155,511→ 28,081,347 total - Award
Common Stock
2025-07-30+109,830→ 27,925,836 total
Holdings
- 2,700,000(indirect: By LLC)
Common Stock
Footnotes (4)
- [F1]Represents restricted stock units (each, an "RSU" and collectively, "RSUs") granted on July 30, 2025, pursuant to the Issuer's 2025 Short-Term Incentive Plan (the "STIP") and under its 2022 Equity Incentive Plan (as amended, the "Plan") upon achievement of performance goals for the fiscal quarter ended June 30, 2025, as approved by the Compensation Committee. Each RSU represents a contingent right to receive one share of common stock of the Issuer. 50% of these RSUs will vest on the date that is 12 months from the date of grant and the remaining 50% will vest in four equal quarterly installments over the next 12-month period thereafter, subject to the continuous service of the reporting person on such vesting dates and compliance with the terms and conditions of the STIP and the Plan. The number of RSUs awarded is based on the closing price of the Issuer's common stock as reported on the Nasdaq Capital Market on July 30, 2025 of $0.4019.
- [F2]Due to a character limit, Footnote 2 is a continuation of Footnote 1: Unvested RSUs are forfeited if the reporting person is separated from service with the Issuer for any or no reason.
- [F3]Represents RSUs granted on July 30, 2025, by the Compensation Committee under the Plan as compensation for services as an executive officer during the fiscal quarter ended June 30, 2025. Each RSU represents a contingent right to receive one share of common stock of the Issuer. 50% of these RSUs will vest on the date that is 12 months from the date of grant and the remaining 50% will vest in four equal quarterly installments over the next 12-month period thereafter, subject to the continuous service of the reporting person on such vesting dates and compliance with the terms and conditions of the Plan. The number of RSUs awarded is based on the closing price of the Issuer's common stock as reported on the Nasdaq Capital Market on July 30, 2025 of $0.4019. Unvested RSUs are forfeited if the reporting person is separated from service with the Issuer for any or no reason.
- [F4]The reporting person is the managing member of Giri Devanur Holdings LLC and holds sole voting and investment power with respect to those shares of common stock.
Documents
Issuer
reAlpha Tech Corp.
CIK 0001859199
Entity typeother
Related Parties
1- filerCIK 0001643490
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 7:31 PM ET
- Size
- 9.1 KB