4/A: RE/MAX Holdings Executive Leah R. Jenkins Amends SEC Filing to Correct Clerical Errors

Leah R. Jenkins, VP and Chief Accounting Officer of RE/MAX Holdings, Inc., filed an amendment to a previous SEC Form 4 to correct clerical errors regarding the amount of securities beneficially owned.

Summary

• Leah R. Jenkins, VP, CHIEF ACCOUNTING OFFICER of RE/MAX Holdings, Inc., filed an amended Form 4 with the SEC.
• The amendment, dated February 27, 2024, corrects clerical errors in the amount of securities beneficially owned following a reported transaction and footnote 2 of the original Form 4 filed on September 11, 2023.
• On September 7, 2023, Jenkins was granted 2,324 performance-based restricted stock units (RSUs) under the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan.
• These RSUs will vest, if at all, following a performance period from January 1, 2023, through December 31, 2025, with the actual number vesting ranging from 0-200% of the target amount.
• The filing indicates that Jenkins directly owns 7,316 shares of Class A Common Stock, which includes 4,992 unvested RSUs.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting minor errors. It doesn't indicate any significant positive or negative developments for the company, but accuracy in reporting is always viewed favorably.

Future Outlook

The vesting of the performance-based restricted stock units is contingent upon performance between January 1, 2023, and December 31, 2025.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.

Stakeholder Impact

• The correction of errors in the SEC filing ensures transparency for shareholders.

Key Dates