Form 4: RE/MAX Holdings Executive Amy M. Keith-Lessinger Reports Changes in Beneficial Ownership

Amy M. Keith-Lessinger, President of RE/MAX, LLC, reports acquisition and disposal of RE/MAX Holdings, Inc. Class A Common Stock related to short-term incentives and tax obligations.

Summary

• On February 23, 2024, Amy M. Keith-Lessinger, President of RE/MAX, LLC, reported changes in her beneficial ownership of RE/MAX Holdings, Inc. (RMAX) Class A Common Stock.
• She acquired 5,678 shares of Class A Common Stock as part of her 2023 short-term incentive, paid in equity.
• Simultaneously, 1,958 shares were withheld by the issuer to satisfy tax obligations related to the equity issuance.
• Following these transactions, Keith-Lessinger directly owns 40,480 shares of Class A Common Stock, which includes 29,246 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports transactions related to executive compensation and tax obligations. It doesn't inherently indicate positive or negative performance.

Positives

• The acquisition of shares reflects a portion of the executive's short-term incentive being paid in equity, aligning her interests with the company's performance.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity holdings of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates