Form 4: RE/MAX EVP General Counsel Tax Withholding
Insider Transaction Report
RE/MAX Holdings' EVP, General Counsel Susan L. Winders, disposed of 3,339 shares for tax withholding purposes at $8.15 per share.
Summary
- Susan L. Winders, EVP, General Counsel of RE/MAX Holdings, Inc. (RMAX), disposed of 3,339 shares of Class A Common Stock.
- The transaction occurred on January 16, 2026, at a price of $8.15 per share.
- These shares were withheld by the issuer to satisfy tax withholding obligations related to the settlement of previously reported restricted stock units (RSUs).
- Following this transaction, Ms. Winders beneficially owns 186,675 shares, which includes 150,434 RSUs.
Sentiment
Score: 5
Explanation: Neutral. This is a routine, non-discretionary transaction for tax purposes related to executive compensation, with no material impact on the company's operations or financial health.
Industry Context
This is an insider transaction filing, which is a routine disclosure of executive stock activity. It reflects standard executive compensation practices rather than broader industry trends.
Comparison to Industry Standards
- The disposition of shares for tax withholding upon RSU settlement is a common and standard practice across publicly traded companies as part of executive compensation plans.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine tax withholding, not a discretionary sale indicating a change in executive confidence.
Key Dates
| Date | Description |
|---|---|
| 01/16/2026 | Date of transaction for the disposition of Class A Common Stock. |
| 01/20/2026 | Date the Form 4 was signed by the attorney-in-fact. |
Recommendation
holdThis Form 4 filing details a routine tax withholding transaction by an executive upon the settlement of restricted stock units. It does not reflect a discretionary sale or purchase, and therefore, does not provide new information that would alter the fundamental investment thesis for RE/MAX Holdings. Investors should continue to hold based on broader company performance and market conditions, rather than this specific insider filing.
Keywords
RE/MAX Holdings, RMAX, Form 4, Insider Transaction, Tax Withholding, Restricted Stock Units, RSUs, Susan L. Winders, Executive Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.