Form 4: RE/MAX Holdings Director Van De Bogart Receives Restricted Stock Units

Teresa S. Van De Bogart, 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

• This document is a Form 4 filing with the SEC, reporting a change in beneficial ownership for Teresa S. Van De Bogart, a director at RE/MAX Holdings, Inc.
• On May 22, 2024, Van De Bogart was granted 11,364 restricted stock units (RSUs) under the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan.
• These RSUs will vest on May 1, 2025.
• Following this transaction, Van De Bogart beneficially owns 33,887 shares of Class A Common Stock, which includes the 11,364 unvested RSUs.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The grant of RSUs aligns the director's interests with the company's performance and shareholder value.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

Grants of restricted stock units are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.

Stakeholder Impact

• The RSU grant could have a slightly positive impact on shareholders by aligning the director's interests with the company's long-term performance.

Key Dates