RAFFAELI C CATHLEEN bought REAX
August 24, 2026 · Form 4 insider transaction
RAFFAELI C CATHLEEN bought 9,082 shares of REAX, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 10 days after the transaction.
Footnotes
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 or (ii) 0.5150 shares of common stock, par value $0.001, of the Issuer (the "Stock Consideration") (after giving effect to the Share Consolidation), subject in each case to the proration provisions of the Merger Agreement.; The Reporting Person received the Stock Consideration (after giving effect to the Share Consolidation).