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2026-02-17
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): February 17, 2026
RE/MAX
Holdings, Inc.
(Exact
name of registrant as specified in its charter)
| Delaware |
|
001-36101 |
|
80-0937145 |
(State
or other jurisdiction of
incorporation
or organization) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
5075
South Syracuse Street
Denver,
Colorado 80237
(Address of principal executive offices, including
Zip code)
(303)
770-5531
(Registrant’s telephone number, including
area code)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| | | |
| ¨ | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| | | |
| ¨ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| | | |
| ¨ | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of Each Exchange on Which Registered |
| Class
A Common Stock $0.0001 par value per share |
|
RMAX |
|
New
York Stock Exchange |
Indicate by check mark whether the registrant is
an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 17, 2026, Chris Lim was promoted to President and Chief
Growth Officer of RE/MAX, LLC, a subsidiary of the Company (“REMAX”).
Mr. Lim, age 55, has served as Executive Vice President and Chief Growth
Officer of REMAX since February 2025. Prior to joining REMAX, Mr. Lim worked at At World Holdings since July 2020, serving as President,
Christie’s International Real Estate and President and Head of Brand Growth, @properties.
In his new position, Mr. Lim’s annual base salary is $425,000.
He will be eligible for an annual long-term incentive grant with a grant date value of 200% of his base salary, which will be 50% performance-based
restricted stock units that vest based on Company performance over a three-year period and 50% time-based restricted stock units that
vest annually over three years. He will also be eligible for an annual short-term incentive with a target level of 70% of his base salary.
Additionally, Mr. Lim is eligible to participate in a bonus program that will pay a special one-time cash bonus equal to his annual base
salary if, in any quarter up to and including the quarter ending December 31, 2027, the Company meets a revenue or Adjusted EBITDA target
set forth in the bonus program, as further discussed in under Item 5.02 of the Current Report on Form 8-K filed by the Company on May
20, 2025.
Mr. Lim does not have an employment agreement. He is eligible for pay
and benefits under Company policies including the Company’s Severance and Retirement Policy and the Change in Control Severance
Plan.
There are no related party transactions between Mr. Lim and the Company
as defined in Item 404(a) of Regulation S-K. There are no family relationships between Mr. Lim and any director, executive officer, or
person nominated or chosen to be a director or executive officer of the Company.
Item 7.01. Regulation FD Disclosure. *
On February 18, 2026, the Company issued a press release regarding
Mr. Lim’s promotion, which is furnished herewith as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits. *
| Exhibit No. |
Description |
| 99.1 |
Press release issued on February 18, 2026 |
| 104 |
Cover Page Interactive Data File (formatted as inline XBRL) |
* The
information contained in Items 7.01 and 9.01 and Exhibit 99.1 of this Current Report on Form 8-K is being “furnished”
and shall not be deemed “filed” for purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration
statement or other filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be set forth
by specific reference in such filing.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
RE/MAX HOLDINGS, INC. |
| |
|
|
| Date: February 18, 2026 |
By: |
/s/ Susie Winders |
| |
|
Susie Winders |
| |
|
Executive Vice President and General Counsel |
Exhibit 99.1
 |
Contact: Keri Henke Sr. External Communications Manager
khenke@remax.com | 303.796.3424 |
FOR
IMMEDIATE RELEASE
REMAX
Advances Global Growth Strategy with Promotion of Chris Lim to President, Welcomes Two New Strategic Sales Leaders
Newly
elevated executive leadership and expanded global sales team signal the brand’s future-ready vision and continued momentum
as an innovative, iconic global real estate brand
DENVER
– REMAX®, the No. 1 name in real estate¹, today announced a major advancement in its global leadership
structure with the promotion of Chris Lim to President of REMAX, adding to his existing role of Chief Growth Officer. Also joining the
REMAX World Headquarters team are two key leaders in the franchise sales organization: Pierre Montagna as Vice President of Global Sales
and Lisa Sennstrom as Director of Global Sales.
Together, these leadership moves reinforce the company’s commitment
to accelerated global expansion, strong affiliate support and bold innovation.
Chris Lim Elevated to REMAX President and Chief Growth Officer
Lim, who joined REMAX as Chief Growth Officer in February 2025,
now oversees all aspects of the REMAX global network – driving international growth, elevating services for Broker/Owners
and agents, and shaping the long-term strategic vision of the brand. He will continue reporting directly to REMAX CEO Erik Carlson.
“Chris is a proven growth leader with a deep understanding of
what drives success for agents, franchisees and brands,” said Carlson. “Since joining REMAX, he has brought clarity, energy and
momentum to our growth strategy. Elevating Chris to President and Chief Growth Officer reflects both his contributions and our confidence
in his vision for the future of REMAX.”
In his tenure with REMAX, Lim has helped drive historic achievements
including:
| · |
Reaching an all-time high in global agent count |
| · |
Introducing new economic model options for Broker/Owners |
| · |
Supporting network expansion into six additional countries and welcoming standout conversions including REMAX Hawaii, and REMAX Your Community Realty and REMAX Connect Realty in Canada |
“I’m excited to take on this role and continue building
on the momentum we’ve created,” said Lim. “REMAX has an iconic brand, an unmatched global network and a tremendous
opportunity to lead the industry forward. I’m honored to work alongside REMAX affiliates worldwide to drive growth, innovation and long-term value.”
Prior to joining REMAX, Lim served as President of Christie’s
International Real Estate, President and Head of Growth for @properties, Brand President at Realogy Holdings, and Founder and CEO of Climb
Real Estate, which was acquired by a Realogy subsidiary (later Anywhere) in 2016.
As a global real estate leader, REMAX has more than 145,000 agents
in over 8,500 offices and a presence in more than 120 countries and territories. Lim’s promotion underscores the company’s commitment
to investing in leadership that supports its affiliates worldwide, strengthens its competitive position and drives its
long-term growth strategy.
Two Strategic Franchise Sales Leaders Add to Firepower
To support the acceleration of its franchise development plans, REMAX
has also bolstered its Global Sales team with two leaders who bring complementary strengths – global brand scaling expertise and
deep real estate experience.
Pierre Montagna joins REMAX as Vice President of Global Sales. With
experience scaling brands across cultures, fluency in five languages, and personal roots in real estate – including family
members who are longtime agents and his own early career experience in New York City real estate – Montagna adds
a unique blend of franchise development and global capabilities to the Global Sales team.
“REMAX agents are known as some of the most trusted professionals
in real estate, and the REMAX network is one of the strongest in the industry,” said Montagna, who as Tim Hortons’ Head of
U.S. Development drove the brand’s fast expansion. “In franchise sales, everything comes down to trust and the power of the
network, which is exactly why I joined REMAX. I’m excited to represent this global leader and help strengthen
and grow its footprint around the world.”
Lisa Sennstrom, who joins REMAX as Director of Global Sales, brings
16 years of experience in real estate sales, leadership, operations and strategic consulting, including roles with Century
21, ERA Real Estate and, most recently, as VP of Operations at JPAR Real Estate. She has supported multi-state portfolios, driven
successful franchise transactions, and delivered measurable improvements in profitability, operational efficiency and market
share.
“Collaboration is everything in this business,” said Sennstrom.
“Great brands are built on relationships rooted in trust and authenticity. REMAX has that foundation, and I’m excited to
immerse myself in the culture and help grow the brand’s footprint and the strength of its community.”
The promotion of Lim, paired with the arrival of Montagna
and Sennstrom, advances a wave of strategic talent expansions in the past year, including the hiring of Executive
Vice President of Strategy Travis Saxton, President of REMAX Canada Don Kottick, Senior Vice
President of Global Service Daniel Dennis, and Chief Digital Information Officer Tom Flanagan. It
all marks the next phase of a broader growth and modernization strategy across REMAX World Headquarters. Together, these
leaders reinforce a smarter global expansion, a unified vision rooted in stronger network support, and greater alignment across
every facet of the organization.
1 Source:
MMR Strategy Group study of unaided awareness.
# # #
About the REMAX Network
As one of
the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 145,000 agents
in over 8,500 offices and a presence in more than 120 countries and territories. Nobody in the world sells more real estate than REMAX,
as measured by residential transaction sides. REMAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial
culture affording its agents and franchisees the flexibility to operate their businesses with great independence. REMAX agents have lived,
worked and served in their local communities for decades, raising millions of dollars every year for Children’s Miracle Network
Hospitals® and other charities. To learn more about REMAX, to search home listings or find an agent in your community,
please visit www.remax.com. For the latest news about REMAX, please visit news.remax.com.
Forward-Looking Statements
This press release includes “forward-looking
statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform
Act of 1995. Forward-looking statements are often identified by the use of words such as “believe,” “intend,”
“expect,” “estimate,” “plan,” “outlook,” “project,” “anticipate,”
“may,” “will,” “would” and other similar words and expressions that predict or indicate future events
or trends that are not statements of historical matters. Forward-looking statements include statements related to the performance
of the REMAX brand, the newly named REMAX President and Chief Growth Officer and other new leaders, the strategic
vision of REMAX, momentum, growth, innovation, long-term value, franchise sales, global expansion, stronger network support, and greater
alignment. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily accurately indicate the
times at which such performance or results may be achieved. Forward-looking statements are based on information available at the time
those statements are made and/or management’s good faith belief as of that time with respect to future events and are subject to
risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the
forward-looking statements. These risks and uncertainties include, without limitation, (1) changes in the real estate market or interest
rates and availability of financing, (2) changes in business and economic activity in general, including enacted and proposed tariffs
and other trade policies which could impact the global economy, (3) the Company’s ability to attract and retain quality franchisees,
(4) the Company’s franchisees’ ability to recruit and retain real estate agents and mortgage loan originators, (5) changes
in laws and regulations, (6) the Company’s ability to enhance, market, and protect its brands, (7) the Company’s
ability to implement its technology initiatives, (8) risks related to recent changes in the Company’s leadership team, (9) fluctuations
in foreign currency exchange rates, (10) the nature and amount of the exclusion of charges in future periods when determining Adjusted
EBITDA is subject to uncertainty and may not be similar to such charges in prior periods, and (11) those risks and uncertainties described
in the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results
of Operations” in the most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities
and Exchange Commission (“SEC”) and similar disclosures in subsequent periodic and current reports filed with the SEC, which
are available on the investor relations page of the Company’s website at www.remaxholdings.com and on the SEC website at www.sec.gov.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made.
Except as required by law, the Company does not intend, and undertakes no obligation, to update this information to reflect future events
or circumstances.