Form 4: Director Cathleen Raffaeli Receives RE/MAX RSU Grant

RE/MAX Holdings, Inc. director Cathleen Raffaeli was granted 10,385 restricted stock units as part of the company's 2023 Omnibus Incentive Plan.

Summary

• Director Cathleen Raffaeli acquired 10,385 restricted stock units (RSUs) on May 12, 2026.
• The grant was issued under the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan.
• The total beneficial ownership for the director following this transaction is 28,021 shares of Class A Common Stock.
• The newly granted RSUs are scheduled to vest on May 1, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Standard utilization of the company's established 2023 Omnibus Incentive Plan.

Negatives

• None identified; this is a routine disclosure of director compensation.

Risks

• None identified; this is a standard equity grant disclosure.

Future Outlook

The RSUs are scheduled to vest on May 1, 2027, subject to the terms of the 2023 Omnibus Incentive Plan.

Industry Context

StockSavvy.ai notes that equity grants to board members are a standard corporate governance practice in the real estate services sector to ensure long-term alignment between leadership and shareholder value.

Comparison to Industry Standards

• The use of RSU grants for director compensation is consistent with standard practices among publicly traded real estate franchisors and service providers.
• The vesting schedule of approximately one year is typical for annual director equity retainers.

Stakeholder Impact

• Minor dilution impact, though standard for incentive plans.

Next Steps

• Vesting of the 10,385 RSUs on May 1, 2027.

Key Dates

Keywords

RE/MAX, RMAX, Director Compensation, Restricted Stock Units, Insider Ownership, SEC Form 4