Real REMAX (REAX) Chief Legal Officer Alexandra Lumpkin Receives Award

What Happened

• Alexandra Lumpkin, Chief Legal Officer of Real REMAX Group Inc. (REAX), was granted 31,264 derivative awards (RSUs/PSUs) on 2026-09-09. The awards were reported as an acquisition at $0.00 per share (i.e., a grant of restricted stock units/performance restricted stock units rather than a cash purchase).

Key Details

• Transaction date: 2026-09-09; Filing date (Form 4): 2026-09-11 (timely within reporting window).
• Transaction type/code: A = Award/Grant (derivative security).
• Shares/units granted: 31,264 units; acquisition price reported as $0.00 (typical for grants).
• Shares owned after transaction: Not specified in this Form 4 (prior holdings referenced in earlier Form 3).
• Notable footnotes:
  • F1–F2: These awards relate to restricted stock units (RSUs) and performance restricted stock units (PSUs); each unit represents a contingent right to one share.
  • F3–F6: Multiple RSU vesting schedules apply (staggered quarterly or single-date vesting through 2029 — see filing for exact tranche amounts and dates).
  • F7–F9: PSUs are earned only if performance targets are met; once earned they vest in scheduled installments (including one-quarter or one-half vesting on specified March dates, then quarterly thereafter).
• No indication of tax withholding, 10b5-1 plan, or sales associated with these awards in this filing.

Context

• These are derivative awards (RSUs/PSUs): RSUs convert to shares only upon vesting; PSUs may never convert to shares if performance targets are not met. Grants at $0 are routine compensation and do not reflect an immediate cash purchase or sale.
• For retail investors: awards show management compensation alignment with future performance/tenure but do not represent current insider buying or selling of shares on the open market.