Nicholas R. Bailey - Mar 1, 2024 Form 4 Insider Report for RE/MAX Holdings, Inc. (RMAX)

Role: DEPARTING OFFICER
Signature: /s/ Mark Rohr, Attorney-in-Fact
Stock symbol: RMAX
Transactions as of: Mar 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/5/2024, 08:15 PM
Previous filing: Feb 27, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RMAX	Class A Common Stock	Award	$0	+2.08K	+1.58%	$0.00	134K	Mar 1, 2024	Direct	F1, F2
transaction	RMAX	Class A Common Stock	Tax liability	$0	-3.81K	-2.84%	$0.00	130K	Mar 1, 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.