Form 4: RE/MAX Holdings Director Katherine Scherping Receives Restricted Stock Units

Katherine Lee Scherping, a director at RE/MAX Holdings, Inc., was granted 11,364 restricted stock units (RSUs) on May 22, 2024, which will vest on May 1, 2025.

Summary

• On May 22, 2024, Katherine Lee Scherping, a director of RE/MAX Holdings, Inc. (RMAX), received 11,364 restricted stock units (RSUs) under the company's 2023 Omnibus Incentive Plan.
• These RSUs will vest on May 1, 2025.
• Following this transaction, Scherping beneficially owns 18,011 shares of Class A Common Stock, which includes the 11,364 unvested RSUs.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of RSUs is a standard practice and generally viewed favorably as it aligns the interests of the director with the company's long-term performance.

Positives

• The grant of RSUs aligns the director's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment to RE/MAX Holdings, Inc.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This is a standard practice for compensating directors and aligning their interests with shareholders in publicly traded companies. Granting RSUs is a common way to incentivize directors to contribute to the company's long-term success.

Comparison to Industry Standards

• Granting restricted stock units (RSUs) to directors is a common practice among publicly traded companies to align their interests with those of shareholders.
• Companies like Compass, eXp World Holdings, and Anywhere Real Estate also utilize equity-based compensation for their board members.
• The specific number of RSUs granted and the vesting schedule can vary based on company size, performance, and industry benchmarks.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns the director's interests with the company's long-term success.
• The director benefits from the potential future value of the RSUs.

Key Dates