Form 4: RE/MAX CFO Sells Shares for Tax Obligations

RE/MAX Holdings' CFO, Karri R. Callahan, disposed of 4,462 shares of Class A Common Stock to cover tax withholding obligations related to restricted stock units.

Summary

• Karri R. Callahan, Chief Financial Officer of RE/MAX Holdings, Inc. (RMAX), reported a transaction involving Class A Common Stock.
• The transaction, dated January 16, 2026, involved the disposal of 4,462 shares.
• These shares were withheld by the issuer to satisfy tax withholding obligations upon the settlement of previously reported restricted stock units (RSUs).
• The disposal price per share was $8.15.
• Following this transaction, Karri R. Callahan beneficially owns 369,864 shares of Class A Common Stock, which includes 251,192 RSUs.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale for tax purposes related to RSU vesting, which is a neutral event and does not reflect a change in management's outlook or confidence in the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in company fundamentals or insider sentiment.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary sale of shares by the CFO to cover tax obligations arising from the vesting of restricted stock units. Such transactions are common for executive compensation and do not typically signal a change in the company's fundamental outlook or the insider's confidence. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

RE/MAX Holdings, RMAX, Insider Transaction, Form 4, CFO, Stock Sale, Tax Withholding, Restricted Stock Units, Equity Compensation