AIRE · reAlpha Tech Corp.

The Issuer effected a 1-for-25 reverse stock split of its issued and outstanding common stock on April 30, 2026 (the "Reverse Stock Split"). All share amounts reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.

Represents shares of common stock issued to the reporting person as quarterly compensation for services as a non-executive director under the Issuer's director compensation policy pursuant to its 2022 Equity Incentive Plan, as amended. The value of these shares of common stock is pro-rated to reflect the reporting person's service for the portion of the fiscal quarter following his appointment on February 24, 2026. The number of shares awarded was determined based on the 10-day volume weighted average closing price of the Issuer's common stock, as reported on The Nasdaq Stock Market LLC, for the period ending on and including April 30, 2026, which, as adjusted for the Reverse Stock Split, was $4.6911.

The Issuer effected a 1-for-25 reverse stock split of its issued and outstanding common stock on April 30, 2026 (the "Reverse Stock Split"). All share amounts reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.

Represents restricted stock units ("RSUs") granted to the reporting person on April 30, 2026, as compensation for services as an executive officer during the fiscal quarter ended March 31, 2026, under the Issuer's 2022 Equity Incentive Plan (as amended, the "Plan"). The value of these RSUs is pro-rated to reflect the reporting person's service for the portion of the fiscal quarter following his appointment on February 25, 2026. Each RSU represents a contingent right to receive one share of common stock of the Issuer. These RSUs will vest as follows: (i) 50% will vest on the date that is 12 months from the date of grant and (ii) 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.

Due to a character limit, Footnote 3 is a continuation of Footnote 2: The number of RSUs awarded was based on the 10-day volume weighted average closing price of the Issuer's common stock, as reported on The Nasdaq Stock Market LLC, for the period ending on and including April 30, 2026, which, as adjusted for the Reverse Stock Split, was $4.6911.

The Issuer effected a 1-for-25 reverse stock split of its issued and outstanding common stock on April 30, 2026 (the "Reverse Stock Split"). All share amounts reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.

Represents shares of common stock issued to the reporting person as quarterly compensation for services as a non-executive director under the Issuer's director compensation policy pursuant to its 2022 Equity Incentive Plan, as amended. The number of shares awarded was determined based on the 10-day volume weighted average closing price of the Issuer's common stock, as reported on The Nasdaq Stock Market LLC, for the period ending on and including April 30, 2026, which, as adjusted for the Reverse Stock Split, was $4.6911.

The Issuer effected a 1-for-25 reverse stock split of its issued and outstanding common stock on April 30, 2026 (the "Reverse Stock Split"). All share amounts reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.

Represents shares of common stock issued to the reporting person as quarterly compensation for services as a non-executive director under the Issuer's director compensation policy pursuant to its 2022 Equity Incentive Plan, as amended. The number of shares awarded was determined based on the 10-day volume weighted average closing price of the Issuer's common stock, as reported on The Nasdaq Stock Market LLC, for the period ending on and including April 30, 2026, which, as adjusted for the Reverse Stock Split, was $4.6911.

The Issuer effected a 1-for-25 reverse stock split of its issued and outstanding common stock on April 30, 2026 (the "Reverse Stock Split"). All share amounts reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.

Represents restricted stock units ("RSUs") granted to the reporting person on April 30, 2026, as compensation for services as an executive officer during the fiscal quarter ended March 31, 2026, under the Issuer's 2022 Equity Incentive Plan (as amended, the "Plan"). Each RSU represents a contingent right to receive one share of common stock of the Issuer. These RSUs will vest as follows: (i) 50% will vest on the date that is 12 months from the date of grant and (ii) 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 was based on the 10-day volume weighted average closing price of the Issuer's common stock, as reported on The Nasdaq Stock Market LLC, for the period ending on and including April 30, 2026, which, as adjusted for the Reverse Stock Split, was $4.6911.

The Issuer effected a 1-for-25 reverse stock split of its issued and outstanding common stock on April 30, 2026 (the "Reverse Stock Split"). All share amounts reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.

Represents restricted stock units ("RSUs") granted to the reporting person on April 30, 2026, as compensation for services as an executive officer during the fiscal quarter ended March 31, 2026, under the Issuer's 2022 Equity Incentive Plan, as amended (the "Plan"). Each RSU represents a contingent right to receive one share of common stock of the Issuer. These RSUs will vest as follows: (i) 50% will vest on the date that is 12 months from the date of grant and (ii) 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 was based on the 10-day volume weighted average closing price of the Issuer's common stock, as reported on The Nasdaq Stock Market LLC, for the period ending on and including April 30, 2026, which, as adjusted for the Reverse Stock Split, was $4.6911.

Represents shares of common stock of the Issuer that were issued to the reporting person in satisfaction of the first installment of the deferred merger consideration payable in connection with the Issuer's acquisition of Prevu, Inc., under that certain Agreement and Plan of Merger, dated November 21, 2025 (the "Merger Agreement"). These shares of common stock represent the portion of the deferred merger consideration payable to the reporting person under the terms and provisions of the Merger Agreement. In accordance with the terms of the Merger Agreement, a price per share of $0.3029 was calculated based on the 10-day volume-weighted average price of the Issuer's shares of common stock, as reported on the Nasdaq, as of March 16, 2026, which represents a total deferred merger consideration payment of approximately $21,874.83 to the reporting person.

Includes 1,000,400 shares of common stock underlying restricted stock units granted on November 21, 2025, under the Issuer's 2022 Equity Incentive Plan, as amended (the "2022 Plan"), each of which represent a contingent right to receive one share of common stock of the Issuer, subject to the terms and conditions of the 2022 Plan and the applicable award agreement.

Represents restricted stock units (each, an "RSU" and collectively, "RSUs") granted on January 30, 2026, pursuant to the Issuer's 2025 Short-Term Incentive Plan (the "STIP") and under the Plan upon achievement of performance goals for the fiscal quarter ended December 31, 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 January 30, 2026.

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.

Represents quarterly compensation for services as a non-executive director issued under the Issuer's 2022 Equity Incentive Plan. The number of shares was determined based on the 10-day volume weighted average of the Nasdaq Official Closing Price of the Issuer's common stock ending on and including January 30, 2026.

Represents quarterly compensation for services as a non-executive director issued under the Issuer's 2022 Equity Incentive Plan (the "Plan"). The number of shares was determined based on the 10-day volume weighted average of the Nasdaq Official Closing Price of the Issuer's common stock ending on and including January 30, 2026.

Represents RSUs granted on January 30, 2026 by the Compensation Committee under the Plan as compensation for services as an executive officer during the fiscal quarter ended December 31, 2026. 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 January 30, 2026. Unvested RSUs are forfeited if the reporting person is separated from service with the Issuer for any or no reason.

Represents quarterly compensation for services as a non-executive director issued under the Issuer's 2022 Equity Incentive Plan. The number of shares was determined based on the 10-day volume weighted average of the Nasdaq Official Closing Price of the Issuer's common stock ending on and including January 30, 2026.

Represents RSUs granted on January 30, 2026, by the Compensation Committee under the Plan as compensation for services as an executive officer during the fiscal quarter ended December 31, 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 January 30, 2026. Unvested RSUs are forfeited if the reporting person is separated from service with the Issuer for any or no reason.

Represents quarterly compensation for services as a non-executive director issued under the Issuer's 2022 Equity Incentive Plan. The number of shares was determined based on the 10-day volume weighted average of the Nasdaq Official Closing Price of the Issuer's common stock ending on and including January 30, 2026.

Represents restricted stock units (each, an "RSU" and collectively, "RSUs") granted on January 30, 2026, 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 December 31, 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 January 30, 2026.

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.

Represents quarterly compensation for services as a non-executive director issued under the Issuer's 2022 Equity Incentive Plan. The number of shares was determined based on the 10-day volume weighted average of the Nasdaq Official Closing Price of the Issuer's common stock ending on and including January 30, 2026.

Represents RSUs granted on January 30, 2026, by the Compensation Committee under the Plan as compensation for services as an executive officer during the fiscal quarter ended December 31, 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 January 30, 2026. Unvested RSUs are forfeited if the reporting person is separated from service with the Issuer for any or no reason.

Represents restricted stock units (each, an "RSU" and collectively, "RSUs") granted on January 30, 2026, 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 December 31, 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 January 30, 2026.

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.

Represents RSUs granted on October 30, 2025, by the Compensation Committee under the Plan as compensation for services as an executive officer during the fiscal quarter ended September 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 October 30, 2025 of $0.5972. Unvested RSUs are forfeited if the reporting person is separated from service with the Issuer for any or no reason.

Represents RSUs granted on October 30, 2025, by the Compensation Committee under the Plan as compensation for services as an executive officer during the fiscal quarter ended September 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 October 30, 2025, of $0.5972. Unvested RSUs are forfeited if the reporting person is separated from service with the Issuer for any or no reason.

Represents restricted stock units (each, an "RSU" and collectively, "RSUs") granted on October 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 September 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 October 30, 2025, of $0.5972.

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.

Represents restricted stock units (each, an "RSU" and collectively, "RSUs") granted on October 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 September 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 October 30, 2025, of $0.5972.

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.

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.

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.

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.

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.

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.

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.

Represents RSUs granted on April 30, 2025, by the Compensation Committee under the Plan as compensation for services as an executive officer during the fiscal quarter ended March 31, 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 April 30, 2025, of $0.6449. Unvested RSUs are forfeited if the reporting person is separated from service with the Issuer for any or no reason.

Represents restricted stock units (each, an "RSU" and collectively, "RSUs") granted on April 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 March 31, 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 April 30, 2025, of $0.6449.

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.

Represents restricted stock units (each, an "RSU" and collectively, "RSUs") granted on April 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 March 31, 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 April 30, 2025, of $0.6449.

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.

Represents RSUs granted on April 30, 2025, by the Compensation Committee under the Plan as compensation for services as an executive officer during the fiscal quarter ended March 31, 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 April 30, 2025, of $0.6449. Unvested RSUs are forfeited if the reporting person is separated from service with the Issuer for any or no reason.

Represents fully vested shares of the Issuer's common stock, par value $0.001 per share, as compensation for services as an independent contractor prior to Mr. Frenz's appointment as Chief Financial Officer, issued under the Issuer's 2022 Equity Incentive Plan.

Represents fully vested shares of the Issuer's common stock, par value $0.001 per share, as compensation for services as a non-executive director during the fiscal year ended December 31, 2023, issued under the Issuer's 2022 Equity Incentive Plan. The number of shares awarded is based on the closing price of the Issuer's common stock as reported on the Nasdaq Capital Market on May 16, 2024 of $1.01.

Represents fully vested shares of the Issuer's common stock, par value $0.001 per share, as compensation for services as a non-executive director during the fiscal year ended December 31, 2023, issued under the Issuer's 2022 Equity Incentive Plan. The number of shares awarded is based on the closing price of the Issuer's common stock as reported on the Nasdaq Capital Market on May 16, 2024 of $1.01.