Real REMAX (REAX) CTO Damani Pritesh Receives 884 Shares via RSU Vest

What Happened

• Damani Pritesh, Chief Technology Officer of Real REMAX Group Inc. (REAX), had 1,459 restricted stock units (RSUs) vest on September 10, 2026. Per the Form 4, 884 shares were issued to him (reported as conversion/exercise of a derivative, code M) at $0.00, and 575 shares were surrendered to the issuer to satisfy tax withholding (reported as a disposition to the issuer, code D) at $0.00. The withholding was an exempt transaction pursuant to Rule 16b-3(b).

Key Details

• Transaction date: September 10, 2026 (reported on Form 4 filed Sep 14, 2026 — timely within the two-business-day rule).
• Reported prices: shares issued and withheld reported at $0.00 (typical for RSU settlements; market value not shown on the Form 4).
• Net effect: 884 shares added to Pritesh’s holdings; 575 shares withheld by the company for taxes (total vested RSUs = 1,459).
• Relevant footnote: F5 explains the 1,459 RSUs that vested; 884 settled in shares and 575 settled in cash for tax withholding in an exempt transaction under Rule 16b-3(b).
• Shares owned after the transaction: not specified in the supplied filing details.

Context

• This was an award/vesting event (not an open-market purchase or sale). RSU settlements and company tax-withholding are routine compensation procedures and do not necessarily signal a change in insider sentiment.
• Transaction codes: M = conversion/exercise of a derivative (RSU → shares); D = disposition to issuer (tax withholding).