Real REMAX (REAX) CTO Damani Pritesh Receives 1,285 Shares

What Happened

• Damani Pritesh, Chief Technology Officer of Real REMAX Group Inc. (REAX), had 2,119 restricted stock units (RSUs) vest on September 13, 2026. Of those, 1,285 RSUs were settled in shares of common stock (acquired at $0.00) and 834 RSUs were settled in cash to cover tax withholding (disposed to the issuer at $0.00). The transactions are reported as a conversion/settlement of derivative awards rather than an open-market purchase or sale.

Key Details

• Transaction date: September 13, 2026; Form 4 filed September 15, 2026 (appears timely).
• Reported amounts/prices: 1,285 shares acquired @ $0.00; 1,285 shares recorded as disposed (derivative) @ $0.00; 834 shares disposed to issuer for tax withholding @ $0.00.
• Shares owned after transaction: Not specified in the filing.
• Relevant footnotes: F4 states 2,119 RSUs vested on Sept 13, 2026; 1,285 were settled in shares and 834 were settled in cash for tax withholding in an exempt transaction pursuant to Rule 16-3(b). F3 notes each RSU equals a contingent right to one share of common stock.
• Transaction codes: M indicates exercise/conversion of a derivative; D indicates disposition (here, cash settlement to issuer for taxes).

Context

• This was not a market purchase or sale — it was the vesting and settlement of RSUs. The $0.00 per-share price reflects that these were awarded/vested shares, not a purchase price paid by the insider.
• The cash settlement of 834 RSUs to cover taxes is a routine withholding method and should not be read as an outright sale indicating sentiment.
• No 10b5-1 plan or late-filing indication was noted in the filing.