Adam K. Peterson - Mar 17, 2023 Form 4 Insider Report for RE/MAX Holdings, Inc. (RMAX)

Role
10%+ Owner
Signature
Adam K. Peterson
Stock symbol
RMAX
Transactions as of
Mar 17, 2023
Transactions value $
$254,400
Form type
4
Date filed
3/21/2023, 07:37 PM
Previous filing
Mar 14, 2023
Next filing
Mar 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMAX Common Stock Purchase $254K +15K +0.61% $16.96 2.49M Mar 17, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares are directly owned by Adam K. Peterson ("Mr. Peterson") and the Magnolia Capital Fund ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Mr. Peterson is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. Mr. Peterson serves as a director of the Issuer.
F2 TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.
F3 This transaction was executed in multiple trades at a price of $16.96. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.