A Form 4 filed on September 21, 2026 discloses that David L. Liniger, a Director and 10% Owner of Real REMAX Group Inc. (NASDAQ:REAX), sold 52,876 shares of common stock on September 17, 2026.

Key Highlights

  • Reporting Person: David L. Liniger, identified in the filing as a Director and 10% Owner of Real REMAX Group Inc.
  • Shares Sold: 52,876 shares of common stock disposed of (transaction code S) on September 17, 2026.
  • Weighted Average Price: $19.1189 per share, with individual transactions ranging from $19.00 to $19.30 per share.
  • Remaining Beneficial Ownership: 5,539,905 shares held indirectly following the reported transaction.
  • Holding Structure: The remaining shares are held indirectly by the Amended and Restated ADAOS Trust.
  • Signing Authority: The form was signed by Todd M. Kaye as attorney-in-fact on September 21, 2026.

Liniger Share Sale Details: Price, Volume, and Ownership After Transaction

According to the filing, David L. Liniger sold 52,876 shares of Real REMAX Group Inc. common stock on September 17, 2026. The transaction is coded "S," indicating a sale. The price reported in the filing is a weighted average of $19.1189 per share. As noted in the filing's explanation of responses, "these shares were sold in multiple transactions at prices ranging from $19.00 to $19.30 per share."

The filing further states that Liniger "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." No single-price breakdown is included in the filed document itself.

Following the reported sale, the filing discloses that Liniger beneficially owns 5,539,905 shares of common stock indirectly, held through the Amended and Restated ADAOS Trust. The filing does not report any derivative securities transactions in Table II. No Rule 10b5-1 plan checkbox was marked in this filing.

What Was Disclosed

The Form 4 reports a single open-market sale of 52,876 common shares by Director and 10% Owner David L. Liniger on September 17, 2026, at a weighted average price of $19.1189, leaving 5,539,905 shares held indirectly through a trust.