Jenna Rozenblat, President of Real REMAX Group Inc. (NASDAQ:REAX), filed a Form 4 on September 18, 2026, disclosing a restricted stock unit vesting event that occurred on September 17, 2026.
Key Highlights
- RSU vesting: 750 RSUs vested on September 17, 2026, of which 417 were settled in shares of Common Stock and 333 were settled in cash for tax withholding.
- Settlement price: Both the share settlement and cash settlement were recorded at a price of $0 per unit, reflecting the nature of the RSU conversion.
- Resulting common stock ownership: Following the transaction, Rozenblat directly holds 19,667 shares of Common Stock.
- Remaining RSUs: After the vesting event, Rozenblat holds 1,833 RSUs and 1,500 RSUs in two separate tranches from the same grant series, plus additional RSU tranches totaling 9,127, 14,569, and 43,383 units.
- Performance stock units: Rozenblat also holds 16,004 and 58,131 PSUs, each representing a contingent right to receive one share of Common Stock upon satisfaction of performance conditions.
- Tax withholding settlement: The cash settlement of 333 RSUs was described as "an exempt transaction pursuant to Rule 16-3(b)."
Rozenblat RSU Vesting Details and Full Derivative Holdings at Real REMAX Group
According to the filing, Jenna Rozenblat, serving as President of Real REMAX Group Inc., reported changes in beneficial ownership stemming from a scheduled RSU vesting. On September 17, 2026, 750 RSUs vested in accordance with a quarterly schedule running from September 17, 2026 through March 17, 2027, under which 750 shares vest each quarter. Of those 750 vested units, 417 were settled in shares of Common Stock acquired at $0, and 333 were settled in cash to cover tax withholding obligations, the latter described in the filing as an exempt transaction under Rule 16-3(b).
Following these transactions, the filing discloses that Rozenblat directly owns 19,667 shares of Common Stock. On the derivative side, multiple RSU tranches remain outstanding. One tranche now shows 1,833 RSUs and another 1,500 RSUs, both tied to the same quarterly vesting schedule through March 17, 2027. Three additional RSU tranches carry balances of 9,127, 14,569, and 43,383 units respectively, each with distinct vesting schedules extending as far as March 2030, as detailed in the filing's footnotes. All RSUs are held directly and each represents a contingent right to receive one share of Common Stock.
The filing also discloses two PSU grants with balances of 16,004 and 58,131 units. According to the filing, PSUs will be earned based on the issuer's performance during the applicable performance period. Once earned, the first PSU grant vests with one-quarter on March 15, 2027 and the remainder in equal quarterly installments over the following four quarters. The second PSU grant vests with one-half on March 15, 2028 and the remainder over the following six quarters. All derivative securities are held directly.
What Was Disclosed
The filing reports a September 17, 2026 vesting of 750 RSUs held by Real REMAX Group's President, with 417 settled in shares and 333 settled in cash for taxes, and provides a full accounting of remaining RSU and PSU balances held directly by the reporting person.



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