Real REMAX (REAX) CLO Alexandra Lumpkin Receives RSU Settlement

What Happened

• Alexandra Lumpkin, Chief Legal Officer of Real REMAX Group Inc. (REAX), had 400 restricted stock units (RSUs) vest on September 17, 2026. Of those, 302 RSUs were converted into 302 shares of common stock (acquired at $0.00) and 98 RSUs were surrendered/settled for cash to cover tax withholding (disposed to the issuer at $0.00). The Form 4 was filed on September 18, 2026.

Key Details

• Transaction date: September 17, 2026; Filing date: September 18, 2026.
• Transaction types/codes: M = exercise/conversion of derivative (302 shares issued); D = disposition to issuer for tax withholding (98 shares).
• Price: $0.00 per share (RSU settlement, not an open-market purchase).
• Shares involved: 302 shares issued to Lumpkin; 98 shares withheld/settled in cash for taxes (total 400 vested RSUs).
• Shares owned after transaction: Not disclosed on this Form 4.
• Notable footnotes: F1 explains an RSU equals a contingent right to one share. F2 states the 400 RSUs vested on Sept 17, 2026; 302 were settled in shares and 98 were settled in cash for tax withholding in an exempt transaction under Rule 16b-3(b). Additional footnotes list future vesting schedules for other grants.

Context

• This was a routine RSU vesting and partial cash settlement for tax withholding (a cashless/tax-settlement mechanism), not an open-market trade. Such settlements are common for employee equity awards and do not necessarily indicate a buy/sell signal by the insider.