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RE/MAX Holdings (RMAX) executive logs new RSU grants and tax share withholdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RE/MAX Holdings, Inc. executive Christopher Inwhan Lim reported a mix of equity grants and tax-related share withholdings in Class A common stock. He received several stock and restricted stock unit awards, including grants made under the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan.

Footnotes explain that part of his 2025 bonus was paid in equity, and some shares were withheld by the issuer to cover tax obligations upon equity issuance and RSU settlement. He was also granted performance-based RSUs tied to a performance period from January 1, 2026 through December 31, 2028, where the actual number vesting can range from 0–200% of the target, and time-based RSUs that vest in three equal annual installments beginning on March 1, 2027. Following these transactions, he directly holds 225,706 shares of Class A common stock, which include 205,518 RSUs.

Positive

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Negative

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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*
Lim Christopher Inwhan

(Last) (First) (Middle)
5075 S. SYRACUSE ST.

(Street)
DENVER CO 80237

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RE/MAX Holdings, Inc. [ RMAX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
REMAX President, C. Growth Ofc
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 02/27/2026 A 8,285(1) A $0 97,846(2) D
Class A Common Stock 02/27/2026 F 2,456(3) D $6.45 95,390(2) D
Class A Common Stock 03/01/2026 A 67,568(4) A $0 162,958(5) D
Class A Common Stock 03/01/2026 A 67,568(6) A $0 230,526(7) D
Class A Common Stock 03/02/2026 F 4,820(8) D $6.29 225,706(7) 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of RMAX Class A common stock issued for the portion of the 2025 bonus that was paid in equity.
2. Includes 89,561 Restricted Stock Units ("RSUs").
3. Represents shares of Class A common stock withheld by the issuer in satisfaction of tax withholding obligations upon the issuance of Class A common stock for the portion of the 2025 bonus paid in equity.
4. Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, the reporting person was granted performance-based RSUs which will vest, if at all, following the performance period of January 1, 2026, through December 31, 2028. The number set forth above is the target amount. The number of RSUs that vest will range from 0-200% of such amount.
5. Includes 137,950 RSUs.
6. Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, the reporting person was granted time-based RSUs which vest in three equal annual installments beginning on March 1, 2027.
7. Includes 205,518 RSUs.
8. Represents shares of Class A common stock withheld by the issuer in satisfaction of tax withholding obligations upon the issuance of Class A common stock in settlement of previously granted RSUs.
/s/ Mark Rohr, Attorney-in-Fact 03/03/2026
** 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.

FAQ

What insider transactions did Christopher Inwhan Lim report for RE/MAX (RMAX)?

Christopher Inwhan Lim reported a combination of equity grants and tax-related share withholdings in RE/MAX Class A common stock. These included stock and RSU awards tied to his 2025 bonus and long-term incentive plans, plus shares withheld to satisfy tax obligations on those equity awards.

How many RE/MAX Class A shares does Christopher Inwhan Lim hold after these Form 4 transactions?

After the reported transactions, Christopher Inwhan Lim directly holds 225,706 shares of RE/MAX Class A common stock. According to the footnotes, this figure includes 205,518 restricted stock units, reflecting both previously granted and newly reported RSU awards under the company’s 2023 Omnibus Incentive Plan.

What performance-based RSUs were granted to Christopher Inwhan Lim at RE/MAX (RMAX)?

Under the 2023 Omnibus Incentive Plan, Christopher Inwhan Lim received performance-based RSUs that vest, if at all, after a performance period from January 1, 2026 through December 31, 2028. The number of RSUs that actually vest can range from 0–200% of the stated target amount.

When do Christopher Inwhan Lim’s time-based RSUs from RE/MAX begin vesting?

Time-based RSUs granted to Christopher Inwhan Lim under the 2023 Omnibus Incentive Plan vest in three equal annual installments. Vesting begins on March 1, 2027, providing a multi-year incentive structure that delivers Class A common stock over a defined future period, subject to continued service.

Why did RE/MAX withhold some of Christopher Inwhan Lim’s Class A shares?

Some shares of RE/MAX Class A common stock were withheld to satisfy tax withholding obligations related to equity compensation. Footnotes state this occurred upon issuance of stock for the portion of the 2025 bonus paid in equity and upon settlement of previously granted RSUs, rather than open-market sales.

How is Christopher Inwhan Lim’s 2025 bonus partly paid at RE/MAX (RMAX)?

A portion of Christopher Inwhan Lim’s 2025 bonus was paid in RE/MAX Class A common stock. Footnotes clarify that shares were issued for this equity portion of the bonus, and some of those shares were withheld by the issuer to cover associated tax withholding obligations on the compensation.
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