REAX · Real REMAX Group Inc. · Insider Trading
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
Insider Sentiment Score
Peer-relative 0–100 rank of how aggressively insiders accumulated over the trailing 90 days. See the full ranking.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-10-01 | Liniger David L. |
Director, 10% Owner |
Gift↓
Filing footnotes — Common Stock (Indirect)
On September 28, 2026, the reporting person filed a Form 4 which incorrectly reported the dates of an acquisition of shares by the laws of descent and distribution and a subsequent disposition of shares by gift. This amendment reflects the correct dates of those transactions. The original Form 4 also incorrectly indicated that the acquisition and disposition of shares were by the reporting person directly. The acquisition and disposition of shares were by the Amended and Restated ADAOS Trust. |
Common Stock
(I)
|
6,742 |
| 2026-09-30 | Liniger David L. |
Director, 10% Owner |
Inheritance↑
Filing footnotes — Common Stock (Indirect)
On September 28, 2026, the reporting person filed a Form 4 which incorrectly reported the dates of an acquisition of shares by the laws of descent and distribution and a subsequent disposition of shares by gift. This amendment reflects the correct dates of those transactions. The original Form 4 also incorrectly indicated that the acquisition and disposition of shares were by the reporting person directly. The acquisition and disposition of shares were by the Amended and Restated ADAOS Trust. |
Common Stock
(I)
|
6,742 |
| 2026-09-17 | Rozenblat Jenna |
President |
Convert↑
|
Common Stock
|
417 |
| 2026-09-17 | Liniger David L. |
Director, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.00 to $19.30 per share. The Reporting Person undertakes to provide to Real REMAX Group Inc., any security holder of Real REMAX Group Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. |
Common Stock
(I)
|
52,876 |
| 2026-09-17 | Lumpkin Alexandra |
Chief Legal Officer |
Other↓
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 400 RSUs that vested on September 17, 2026, of which 302 were settled in shares of Common Stock and 98 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 400 shares will vest quarterly starting on September 17, 2026 through March 17, 2027. |
Restricted Stock Units
|
98 |
| 2026-09-17 | Rozenblat Jenna |
President |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 750 RSUs that vested on September 17, 2026, of which 417 were settled in shares of Common Stock and 333 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 750 shares vest quarterly starting on September 17, 2026 through March 17, 2027. |
Restricted Stock Units
|
417 |
| 2026-09-17 | Lumpkin Alexandra |
Chief Legal Officer |
Convert↑
|
Common Stock
|
302 |
| 2026-09-17 | Rozenblat Jenna |
President |
Other↓
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 750 RSUs that vested on September 17, 2026, of which 417 were settled in shares of Common Stock and 333 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 750 shares vest quarterly starting on September 17, 2026 through March 17, 2027. |
Restricted Stock Units
|
333 |
| 2026-09-17 | Lumpkin Alexandra |
Chief Legal Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 400 RSUs that vested on September 17, 2026, of which 302 were settled in shares of Common Stock and 98 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 400 shares will vest quarterly starting on September 17, 2026 through March 17, 2027. |
Restricted Stock Units
|
302 |
| 2026-09-13 | Rozenblat Jenna |
President |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 1,522 RSUs that vested on September 13, 2026, of which 914 were settled in shares of Common Stock and 608 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 1,522 shares will vest quarterly starting on September 13, 2026 through December 13, 2026; and 1,521 shares will vest quarterly starting on March 13, 2027 through December 13, 2027; and 1,520 shares will vest on March 13, 2028. |
Restricted Stock Units
|
914 |
| 2026-09-13 | Rozenblat Jenna |
President |
Convert↑
|
Common Stock
|
914 |
| 2026-09-13 | Lumpkin Alexandra |
Chief Legal Officer |
Convert↑
|
Common Stock
|
304 |
| 2026-09-13 | Poleg Tamir |
Director, Chief Executive Officer |
Convert↑
|
Common Stock
|
5,392 |
| 2026-09-13 | Poleg Tamir |
Director, Chief Executive Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. Reflects 5,392 RSUs that vested on September 13, 2026. These RSUs vest in accordance with the following schedule: approximately 5,392 shares will vest quarterly from September 13, 2026 through March 13, 2028. |
Restricted Stock Units
|
5,392 |
| 2026-09-13 | Damani Pritesh |
Chief Technology Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 2,119 RSUs that vested on September 13, 2026, of which 1,285 were settled in shares of Common Stock and 834 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: approximately 2,119 shares will vest quarterly starting on September 13, 2026 through March 13, 2028. |
Restricted Stock Units
|
1,285 |
| 2026-09-13 | Damani Pritesh |
Chief Technology Officer |
Convert↑
|
Common Stock
|
1,285 |
| 2026-09-13 | Damani Pritesh |
Chief Technology Officer |
Other↓
Filing footnotes — Restricted Stock Units (Direct)
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 2,119 RSUs that vested on September 13, 2026, of which 1,285 were settled in shares of Common Stock and 834 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: approximately 2,119 shares will vest quarterly starting on September 13, 2026 through March 13, 2028. |
Restricted Stock Units
|
834 |
| 2026-09-13 | Lumpkin Alexandra |
Chief Legal Officer |
Other↓
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 402 RSUs that vested on September 13, 2026, of which 304 were settled in shares of Common Stock and 98 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 402 shares will vest on September 13, 2026; 400 shares will vest quarterly starting on December 13, 2026 through June 13, 2027; 401 shares will vest on September 13, 2027; and 400 shares will vest quarterly on December 13, 2027 through March 13, 2028. |
Restricted Stock Units
|
98 |
| 2026-09-13 | Rozenblat Jenna |
President |
Other↓
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 1,522 RSUs that vested on September 13, 2026, of which 914 were settled in shares of Common Stock and 608 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 1,522 shares will vest quarterly starting on September 13, 2026 through December 13, 2026; and 1,521 shares will vest quarterly starting on March 13, 2027 through December 13, 2027; and 1,520 shares will vest on March 13, 2028. |
Restricted Stock Units
|
608 |
| 2026-09-13 | Lumpkin Alexandra |
Chief Legal Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 402 RSUs that vested on September 13, 2026, of which 304 were settled in shares of Common Stock and 98 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 402 shares will vest on September 13, 2026; 400 shares will vest quarterly starting on December 13, 2026 through June 13, 2027; 401 shares will vest on September 13, 2027; and 400 shares will vest quarterly on December 13, 2027 through March 13, 2028. |
Restricted Stock Units
|
304 |
| 2026-09-10 | Lumpkin Alexandra |
Chief Legal Officer |
Other↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 784 RSUs that vested on September 10, 2026, of which 593 were settled in shares of Common Stock and 191 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 784 shares will vest quarterly starting on September 10, 2026 through March 10, 2028; 783 shares will vest quarterly starting June 10, 2028 through December 10, 2028; and 782 shares will vest on March 10, 2029. |
Restricted Stock Units
|
191 |
| 2026-09-10 | Damani Pritesh |
Chief Technology Officer |
Other↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 1,459 RSUs that vested on September 10, 2026, of which 884 were settled in shares of Common Stock and 575 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 1,459 shares will vest quarterly starting on September 10, 2026 through December 10, 2026; and 1,458 shares will vest quarterly starting March 10, 2027 through March 10, 2029. |
Restricted Stock Units
|
575 |
| 2026-09-10 | Damani Pritesh |
Chief Technology Officer |
Convert↑
|
Common Stock
|
884 |
| 2026-09-10 | Lumpkin Alexandra |
Chief Legal Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 784 RSUs that vested on September 10, 2026, of which 593 were settled in shares of Common Stock and 191 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 784 shares will vest quarterly starting on September 10, 2026 through March 10, 2028; 783 shares will vest quarterly starting June 10, 2028 through December 10, 2028; and 782 shares will vest on March 10, 2029. |
Restricted Stock Units
|
593 |
| 2026-09-10 | Rozenblat Jenna |
President |
Convert↑
|
Common Stock
|
1,029 |
| 2026-09-10 | Damani Pritesh |
Chief Technology Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 1,459 RSUs that vested on September 10, 2026, of which 884 were settled in shares of Common Stock and 575 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 1,459 shares will vest quarterly starting on September 10, 2026 through December 10, 2026; and 1,458 shares will vest quarterly starting March 10, 2027 through March 10, 2029. |
Restricted Stock Units
|
884 |
| 2026-09-10 | Lumpkin Alexandra |
Chief Legal Officer |
Convert↑
|
Common Stock
|
593 |
| 2026-09-10 | Rozenblat Jenna |
President |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 1,457 RSUs that vested on September 10, 2026, of which 1,029 were settled in shares of Common Stock and 428 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 1,457 shares will vest quarterly starting on September 10, 2026 through March 10, 2029. |
Restricted Stock Units
|
1,029 |
| 2026-09-10 | Poleg Tamir |
Director, Chief Executive Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. Reflects 4,102 RSUs that vested on September 10, 2026. These RSUs vest in accordance with the following schedule: 4,102 shares will vest quarterly starting on September 10, 2026 through March 10, 2028; and approximately 4,101 shares will vest quarterly starting June 10, 2028 through March 10, 2029. |
Restricted Stock Units
|
4,102 |
| 2026-09-10 | Poleg Tamir |
Director, Chief Executive Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
The Reporting Person previously reported awards of restricted stock units ("RSUs") and performance restricted stock units ("PSUs") in Table 1 of Form 3. This amount reflects the exclusion of the RSUs and PSUs. |
Common Stock
|
4,102 |
| 2026-09-10 | Rozenblat Jenna |
President |
Other↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 1,457 RSUs that vested on September 10, 2026, of which 1,029 were settled in shares of Common Stock and 428 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 1,457 shares will vest quarterly starting on September 10, 2026 through March 10, 2029. |
Restricted Stock Units
|
428 |
| 2026-09-09 | Lumpkin Alexandra |
Chief Legal Officer |
Award↑
Filing footnotes — Performance Stock Units (Direct)
Each PSU represents a contingent right to receive one share of Common Stock of the Issuer. These PSUs will be earned based upon the Issuer's performance during the performance period. Once earned, the PSUs will vest in accordance with the following schedule: one-half of the PSUs will vest on March 15, 2028 and the remaining shares will vest in equal quarterly installments over the next six quarters immediately following March 15, 2028. |
Performance Stock Units
|
31,264 |
| 2026-09-09 | Jani Ravi |
Chief Financial Officer |
Award↑
Filing footnotes — Performance Restricted Stock Unit (Direct)
Each PSU represents a contingent right to receive one share of Common Stock of the Issuer. These PSUs will be earned based upon the Issuer's performance during the performance period. Once earned, the PSUs will vest in accordance with the following schedule: one-half of the PSUs will vest on March 15, 2028 and the remaining shares will vest in equal quarterly installments over the next six quarters immediately following March 15, 2028. |
Performance Restricted Stock Unit
|
27,502 |
| 2026-09-09 | Damani Pritesh |
Chief Technology Officer |
Award↑
Filing footnotes — Performance Stock Units (Direct)
Each PSU represents a contingent right to receive one share of Common Stock of the Issuer. These PSUs will be earned based upon the Issuer's performance during the performance period. Once earned, the PSUs will vest in accordance with the following schedule: one-half of the PSUs will vest on March 15, 2028 and the remaining shares will vest in equal quarterly installments over the next six quarters immediately following March 15, 2028. |
Performance Stock Units
|
58,180 |
| 2026-09-09 | RAFFAELI C CATHLEEN |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. These RSUs shall vest on May 29, 2027. |
Restricted Stock Units
|
6,526 |
| 2026-09-09 | Carlson Erik |
Director, CHIEF EXECUTIVE OFFICER |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. These RSUs shall vest on May 29, 2027. |
Restricted Stock Units
|
4,914 |
| 2026-09-09 | Rozenblat Jenna |
President |
Award↑
Filing footnotes — Performance Stock Units (Direct)
Each PSU represents a contingent right to receive one share of Common Stock of the Issuer. These PSUs will be earned based upon the Issuer's performance during the performance period. Once earned, the PSUs will vest in accordance with the following schedule: one-half of the PSUs will vest on March 15, 2028 and the remaining shares will vest in equal quarterly installments over the next six quarters immediately following March 15, 2028. |
Performance Stock Units
|
58,131 |
| 2026-09-09 | Jenkins Norman K. |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer. These RSUs shall vest on May 29, 2027. |
Restricted Stock Units
|
4,914 |
| 2026-09-01 | Carlson Erik |
Director, CHIEF EXECUTIVE OFFICER |
Other↓
Filing footnotes — Restricted Share Unit (Direct)
Each restricted share unit represents the right to receive one share of common stock, par value $0.001, of the Issuer. On September 1, 2026, the Issuer and the Reporting Person entered into an agreement pursuant to which all unvested restricted share units of the Issuer held by the Reporting Person accelerated in full and became immediately vested, subject to the Reporting Person's non-revocation of a release of a claims. |
Restricted Share Unit
|
112,465 |
| 2026-09-01 | Jani Ravi |
Chief Financial Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 685 RSUs that vested on September 1, 2026, of which 437 were settled in shares of Common Stock and 248 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 685 shares will vest quarterly starting on September 1, 2026 through September 1, 2028; 684 shares will vest quarterly starting December 1, 2028 through March 1, 2029; and 683 shares will vest on June 1, 2029. |
Restricted Stock Units
|
437 |
| 2026-09-01 | Jani Ravi |
Chief Financial Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
The Reporting Person previously reported awards of restricted stock units ("RSUs") and performance restricted stock units ("PSUs") in Table 1 of Form 3. This amount reflects the exclusion of the RSUs and PSUs, and the vesting of 437 shares of common stock. |
Common Stock
|
437 |
| 2026-09-01 | Jani Ravi |
Chief Financial Officer |
Other↓
Filing footnotes — Restricted Stock Unit (Direct)
Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. Reflects the 685 RSUs that vested on September 1, 2026, of which 437 were settled in shares of Common Stock and 248 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b). These RSUs vest in accordance with the following schedule: 685 shares will vest quarterly starting on September 1, 2026 through September 1, 2028; 684 shares will vest quarterly starting December 1, 2028 through March 1, 2029; and 683 shares will vest on June 1, 2029. |
Restricted Stock Unit
|
248 |
| 2026-09-01 | Carlson Erik |
Director, CHIEF EXECUTIVE OFFICER |
Other↓
Filing footnotes — Restricted Share Unit (Direct)
Each restricted share unit represents the right to receive one share of common stock, par value $0.001, of the Issuer. On September 1, 2026, the Issuer and the Reporting Person entered into an agreement pursuant to which all unvested restricted share units of the Issuer held by the Reporting Person accelerated in full and became immediately vested, subject to the Reporting Person's non-revocation of a release of a claims. |
Restricted Share Unit
|
184,221 |
| 2026-09-01 | Carlson Erik |
Director, CHIEF EXECUTIVE OFFICER |
Other↓
Filing footnotes — Restricted Share Unit (Direct)
Each restricted share unit represents the right to receive one share of common stock, par value $0.001, of the Issuer. On September 1, 2026, the Issuer and the Reporting Person entered into an agreement pursuant to which all unvested restricted share units of the Issuer held by the Reporting Person accelerated in full and became immediately vested, subject to the Reporting Person's non-revocation of a release of a claims. |
Restricted Share Unit
|
87,864 |
| 2026-09-01 | Carlson Erik |
Director, CHIEF EXECUTIVE OFFICER |
Award↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
On September 1, 2026, the Issuer and the Reporting Person entered into an agreement pursuant to which all unvested restricted share units of the Issuer held by the Reporting Person accelerated in full and became immediately vested, subject to the Reporting Person's non-revocation of a release of a claims. |
Common Stock, par value $0.001 per share
|
601,998 |
| 2026-09-01 | Carlson Erik |
Director, CHIEF EXECUTIVE OFFICER |
Tax↓
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
Represents shares of common stock of the Issuer withheld by the Issuer in satisfaction of tax withholding obligations. |
Common Stock, par value $0.001 per share
|
263,369 |
| 2026-09-01 | Carlson Erik |
Director, CHIEF EXECUTIVE OFFICER |
Other↓
Filing footnotes — Restricted Share Unit (Direct)
Each restricted share unit represents the right to receive one share of common stock, par value $0.001, of the Issuer. On September 1, 2026, the Issuer and the Reporting Person entered into an agreement pursuant to which all unvested restricted share units of the Issuer held by the Reporting Person accelerated in full and became immediately vested, subject to the Reporting Person's non-revocation of a release of a claims. |
Restricted Share Unit
|
33,227 |
| 2026-09-01 | Carlson Erik |
Director, CHIEF EXECUTIVE OFFICER |
Other↓
Filing footnotes — Restricted Share Unit (Direct)
Each restricted share unit represents the right to receive one share of common stock, par value $0.001, of the Issuer. On September 1, 2026, the Issuer and the Reporting Person entered into an agreement pursuant to which all unvested restricted share units of the Issuer held by the Reporting Person accelerated in full and became immediately vested, subject to the Reporting Person's non-revocation of a release of a claims. |
Restricted Share Unit
|
184,221 |
| 2026-08-24 | Jenkins Leah R |
VP, CHIEF ACCOUNTING OFFICER |
Award↑
Filing footnotes — Restricted Share Units (Direct)
Pursuant to the Merger Agreement, each outstanding time-based restricted share unit of REMAX (other than a Specified RSU (as defined in the Merger Agreement)), whether vested or unvested, was canceled and extinguished, and the holders thereof were entitled to receive a number of restricted share units of the Issuer, rounded to the nearest whole share, equal to the product of (i) the number of shares of REMAX Common Stock subject to such Specified RSU, multiplied by (ii) 0.5150. Represents time-based restricted share units of the Issuer which vest in two equal annual installments beginning on March 1, 2027. |
Restricted Share Units
|
3,420 |
| 2026-08-24 | Jenkins Leah R |
VP, CHIEF ACCOUNTING OFFICER |
Award↑
Filing footnotes — Common Stock, par value $0.001 per share (Direct)
Pursuant to the Arrangement Agreement and Plan of Merger, dated as of April 26, 2026 (as amended, the "Merger Agreement"), by and among the Issuer, The Real Brokerage Inc. ("Real"), RE/MAX Holdings, Inc. ("REMAX") and certain subsidiaries of the Issuer, on August 24, 2026, the Issuer acquired all of the issued and outstanding shares of Real and REMAX. Pursuant to the Merger Agreement, each issued and outstanding common shares of Real was consolidated on a 10-for-1 basis (the "Share Consolidation") and converted into the right to receive one share of common stock of the Issuer, and each issued and outstanding share of common stock of REMAX ("REMAX Common Stock") was converted into the right to receive either (i) $13.80 in cash (the "Cash Consideration") or (ii) 0.5150 shares of common stock, par value $0.001, of the Issuer (after giving effect to the Share Consolidation), subject in each case to the proration provisions of the Merger Agreement. Due to the proration provisions of the Merger Agreement, each share of REMAX Common Stock that elected the Cash Consideration received a combination of (i) $4.33 in cash and (ii) 0.3535 shares of common stock of the Issuer (after giving effect to the Share Consolidation). The Reporting Person elected to receive the Cash Consideration, which was subject to proration as described in footnote 2. |
Common Stock, par value $0.001 per share
|
4,508 |