Ravi Jani, Chief Financial Officer of Real REMAX Group Inc. (NASDAQ:REAX), filed a Form 4 on September 3, 2026, disclosing changes in beneficial ownership stemming from a restricted stock unit vesting event dated September 1, 2026.

Key Highlights

  • Vesting event: 685 RSUs vested on September 1, 2026, per the filing.
  • Share settlement: 437 of the vested RSUs were settled in shares of Common Stock at a price of $0, acquired via transaction code M.
  • Cash settlement for taxes: 248 RSUs were settled in cash for payment of tax withholding, reported as an exempt transaction under Rule 16-3(b), using transaction code D.
  • Resulting direct ownership: Following the transaction, Jani Ravi directly holds 15,487 shares of Common Stock.
  • Outstanding derivative securities: The CFO holds multiple RSU and PSU tranches totaling 50,030 derivative securities across five reported positions.
  • Future RSU vesting: One tranche of 7,531 RSUs continues vesting quarterly from September 1, 2026 through June 1, 2029, with varying installment sizes.
  • PSU structure: 15,530 performance RSUs remain outstanding, with earnings tied to issuer performance and vesting beginning March 15, 2027.

RSU Settlement and Beneficial Ownership Details for Real REMAX Group CFO

According to the Form 4 filing, Ravi Jani, serving as Chief Financial Officer of Real REMAX Group Inc., reported a vesting event on September 1, 2026. Of 685 RSUs that vested on that date, 437 were settled in shares of Common Stock at a price of $0 per share, and 248 were settled in cash to cover tax withholding obligations. The filing described the cash settlement as "an exempt transaction pursuant to Rule 16-3(b)." Following these transactions, Jani directly holds 15,487 shares of Common Stock.

The filing also discloses several active derivative security positions. One tranche of 6,465 RSUs vests in equal quarterly installments from November 13, 2026 through November 13, 2027. A second tranche, now showing 7,531 RSUs remaining, follows a vesting schedule beginning September 1, 2026 and running through June 1, 2029, with installments of 685, 684, and 683 shares at different points. A third tranche of 20,524 RSUs vests beginning March 9, 2027, with the majority of the installments running through March 9, 2030.

Additionally, the filing reports 15,530 performance restricted stock units (PSUs). According to the filing, each PSU "represents a contingent right to receive one share of Common Stock of the Issuer," and these PSUs "will be earned based upon the Issuer's performance during the performance period." Once earned, one-quarter of the PSUs vest on March 15, 2027, with the remaining shares vesting quarterly over the following four quarters. The Form 4 was signed by Alexandra Lumpkin as Attorney-in-Fact on September 3, 2026.

What Was Disclosed

The filing reports that REAX CFO Ravi Jani received 437 shares of Common Stock from an RSU vesting on September 1, 2026, with 248 RSUs settled in cash for taxes, and discloses current beneficial ownership and outstanding derivative security schedules.