RE/MAX Holdings (RMAX) director granted 10,385 RSUs in equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

RE/MAX Holdings, Inc. director C. Cathleen Raffaeli reported a compensation-related equity grant. On May 12, 2026, she acquired 10,385 shares of Class A Common Stock at no cost through restricted stock units granted under the company’s 2023 Omnibus Incentive Plan. These RSUs are scheduled to vest on May 1, 2027, and her direct holdings after the grant total 28,021 shares, including the 10,385 unvested RSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider RAFFAELI C CATHLEEN

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	10,385	$0.00	--

Holdings After Transaction: Class A Common Stock — 28,021 shares (Direct, null)

Footnotes (1)

Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 12, 2026, the reporting person was granted restricted stock units ("RSUs") which are scheduled to vest on May 1, 2027. Includes 10,385 unvested RSUs.

Key Figures

RSU grant size: 10,385 shares Grant price per share: $0.0000 per share Holdings after grant: 28,021 shares +3 more

6 metrics

RSU grant size 10,385 shares Restricted stock units granted on May 12, 2026

Grant price per share $0.0000 per share RSU grant to director as compensation

Holdings after grant 28,021 shares Class A Common Stock held directly after transaction

Unvested RSUs included 10,385 RSUs Unvested portion included in post-transaction holdings

RSU vesting date May 1, 2027 Scheduled vesting for granted restricted stock units

Transaction code A Grant, award, or other acquisition on Form 4

Key Terms

restricted stock units, 2023 Omnibus Incentive Plan, vest, Form 4

4 terms

restricted stock units financial

"the reporting person was granted restricted stock units ("RSUs") which are scheduled to vest"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2023 Omnibus Incentive Plan financial

"Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 12, 2026"

vest financial

"restricted stock units ("RSUs") which are scheduled to vest on May 1, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

05/14/2026 - 08:40 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

RAFFAELI C CATHLEEN

(Last)

(First)

(Middle)

5075 S. SYRACUSE ST.

(Street)

DENVER

COLORADO

80237

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
RE/MAX Holdings, Inc. [ RMAX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/12/2026		A		10,385⁽¹⁾	A	$0	28,021⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 12, 2026, the reporting person was granted restricted stock units ("RSUs") which are scheduled to vest on May 1, 2027.

2. Includes 10,385 unvested RSUs.

	/s/ Mark Rohr, Attorney-in-Fact	05/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did RE/MAX Holdings (RMAX) report for C. Cathleen Raffaeli?

RE/MAX Holdings reported that director C. Cathleen Raffaeli received 10,385 Class A Common Stock shares as a grant of restricted stock units. The award was made on May 12, 2026 under the company’s 2023 Omnibus Incentive Plan as part of her equity compensation.

How many RE/MAX Holdings (RMAX) shares does C. Cathleen Raffaeli hold after this Form 4?

After the reported grant, C. Cathleen Raffaeli holds 28,021 shares of RE/MAX Holdings Class A Common Stock directly. This total includes 10,385 unvested restricted stock units that were granted on May 12, 2026 and will vest at a future date.

What are the terms of the restricted stock units granted to the RE/MAX (RMAX) director?

The director received 10,385 restricted stock units with a grant date of May 12, 2026 and no purchase price. According to the disclosure, these RSUs are scheduled to vest on May 1, 2027, subject to the conditions of the 2023 Omnibus Incentive Plan.

Was the RE/MAX Holdings (RMAX) Form 4 transaction a market purchase or sale?

The Form 4 shows a grant of 10,385 restricted stock units, not a market trade. The transaction code is “A,” indicating a grant, award, or other acquisition, with a price per share of $0.0000 as compensation rather than an open-market purchase or sale.

Under which plan were the RE/MAX (RMAX) restricted stock units granted to the director?

The restricted stock units were granted under the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan. This plan provides for equity-based awards such as RSUs to directors and other participants, aligning their compensation with the company’s stock performance over time.