Form 4: RE/MAX Holdings CFO Karri Callahan Reports Stock Grants and Tax Withholding

Karri Callahan, CFO of RE/MAX Holdings, reports the grant of performance-based and time-based restricted stock units (RSUs) and shares withheld for tax obligations.

Summary

• Karri Callahan, the CFO of RE/MAX Holdings, filed a Form 4 detailing changes in beneficial ownership.
• On March 1, 2025, Callahan was granted 56,307 performance-based RSUs under the 2023 Omnibus Incentive Plan, which will vest based on performance between January 1, 2025, and December 31, 2027; the actual number of RSUs vesting can range from 0-200% of the target amount.
• Also on March 1, 2025, Callahan received 56,307 time-based RSUs that vest in three equal annual installments starting March 1, 2026.
• 7,289 shares of Class A common stock were withheld by RE/MAX Holdings on March 1, 2025, to cover tax obligations related to the settlement of RSUs at a price of $8.88.
• Following these transactions, Callahan directly owns 374,326 shares of Class A common stock, which includes 251,192 unvested time-based RSUs and 194,885 unvested RSUs.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports routine transactions related to executive compensation.

Positives

• The grant of RSUs aligns the CFO's interests with the company's performance and long-term growth.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• Shareholders are informed about changes in the CFO's equity holdings, providing insight into management's alignment with company performance.

Key Dates