Summary by Moomoo AI
Michael Charles Frenz, the Chief Financial Officer of reAlpha Tech Corp. (ticker: AIRE.US), was granted 10,000 shares of common stock on May 16, 2024. The transaction, which was classified as a grant, was completed at no cost to the recipient. Following this transaction, Frenz directly owns a total of 10,000 shares in the company. The grant is part of the company's compensation structure for its executives and is a common practice in aligning the interests of management with those of shareholders.