Nicholas R. Bailey - 01 Mar 2024 Form 4 Insider Report for RE/MAX Holdings, Inc. (RMAX)

Role: DEPARTING OFFICER
Signature: /s/ Mark Rohr, Attorney-in-Fact
Issuer symbol: RMAX
Transactions as of: 01 Mar 2024
Net transactions value: $0
Form type: 4
Filing time: 05 Mar 2024, 20:15:28 UTC
Previous filing: 27 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RMAX	Class A Common Stock	Award	$0	+2,083	+1.6%	$0.000000	133,829	01 Mar 2024	Direct	F1, F2
transaction	RMAX	Class A Common Stock	Tax liability	$0	-3,806	-2.8%	$0.000000	130,023	01 Mar 2024	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id	Content
F1	Represents the incremental number of RSUs above the previously reported target amount based on performance-based RSUs granted in 2021.
F2	Includes 77,392 unvested RSUs.
F3	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 RSUs on March 1, 2024.