Form 4: RE/MAX Holdings CEO Ward M. Morrison Reports Stock Transactions

Ward M. Morrison, President & CEO of Motto & Wemlo at RE/MAX Holdings, reports acquisition and disposal of Class A Common Stock on February 25, 2025, related to short-term incentives and tax obligations.

Summary

• On February 25, 2025, Ward M. Morrison, the President & CEO of Motto & Wemlo at RE/MAX Holdings, acquired 15,901 shares of Class A Common Stock as part of the 2024 short-term incentive paid in equity.
• On the same day, Morrison disposed of 4,566 shares of Class A Common Stock to cover tax withholding obligations related to the equity issuance, at a price of $8.93 per share.
• Following these transactions, Morrison directly owns 224,931 shares of Class A Common Stock, which includes 159,065 restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and tax obligations. There's no indication of significant positive or negative implications for the company.

Positives

• The acquisition of shares as part of the short-term incentive demonstrates management's alignment with shareholder interests.

Industry Context

Form 4 filings are standard practice for reporting insider transactions and provide transparency to investors regarding the buying and selling activities of company executives and directors.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates