Adam K. Peterson - Sep 6, 2023 Form 4 Insider Report for RE/MAX Holdings, Inc. (RMAX)

Role
10%+ Owner
Signature
Adam K. Peterson
Stock symbol
RMAX
Transactions as of
Sep 6, 2023
Transactions value $
$337,165
Form type
4
Date filed
9/7/2023, 09:27 PM
Previous filing
Aug 3, 2023
Next filing
Sep 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMAX Common Stock Purchase $7.53K +522 +0.02% $14.43 2.6M Sep 6, 2023 Direct F1, F2
transaction RMAX Common Stock Purchase $330K +23K +0.88% $14.33 2.63M Sep 7, 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 the Magnolia Capital Fund ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("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.
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 prices ranging from $14.23 to $14.46. 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.