David L. Liniger - 24 Aug 2026 Form 4 Insider Report for RE/MAX Holdings, Inc. (RMAX)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: RMAX
Reported as of: 24 Aug 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 24 Aug 2026, 17:32:30 UTC
Prior SEC filing: 02 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Mark Rohr, Attorney-in-Fact

Key filing fact

David L. Liniger filed Form 4 for RE/MAX Holdings, Inc. (RMAX) on 24 Aug 2026.

Key facts

This page summarizes David L. Liniger's Form 4 filing for RE/MAX Holdings, Inc. (RMAX).
5 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 24 Aug 2026, 17:32.

Change

Previous filing in this sequence was filed on 02 Feb 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001586489 Primary reporting owner

Liniger David L.

Relationship: Director, 10%+ Owner
Address: 5075 S. SYRACUSE ST., DENVER
Signature: /s/ Mark Rohr, Attorney-in-Fact
Signature date: 24 Aug 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RMAX transaction

Class A Common Stock

Award

Transaction value
Shares: +7,667,912
Change %: +2162%
Price
Shares after: 8,022,623
Date: 24 Aug 2026
Ownership: By Amended and Restated ADAOS Trust
Footnotes: F1

RMAX transaction

Class A Common Stock

Award

Transaction value
Shares: +2,837,149
Change %
Price
Shares after: 2,837,149
Date: 24 Aug 2026
Ownership: By Gail A. Liniger Revocable Trust
Footnotes: F1

RMAX transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares: -8,022,623
Change %: -100%
Price
Shares after: 0
Date: 24 Aug 2026
Ownership: By Amended and Restated ADAOS Trust
Footnotes: F2, F3

RMAX transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares: -2,837,149
Change %: -100%
Price
Shares after: 0
Date: 24 Aug 2026
Ownership: By Gail A. Liniger Revocable Trust
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RMAX transaction Derivative

Common Units of RMCO, LLC

Other

Transaction value
Shares: -12,559,600
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 24 Aug 2026
Ownership: By RIHI, Inc.
Underlying class: Class A Common Stock of RE/MAX Holdings, Inc.
Underlying amount: 12,559,600
Exercise price
Footnotes: F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

David L. Liniger is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

On August 24, 2026, prior to the consummation of the First Merger (as defined below) and pursuant to the terms of the Agreement and Plan of Merger by and among the Issuer, RIHI, Inc. ("RIHI"), Rhino Merger Sub I, Inc., and Rhino Merger Sub II, LLC (the "RIHI Merger Agreement"), each outstanding share of RIHI common stock (the "RIHI Common Stock") (other than dissenting or cancelled shares) was converted into a number of shares of the Isser's Class A common stock, par value $0.0001 per share ("Class A Common Stock"), equal to the number of common units of RMCO, LLC (the "OpCo Common Units") held by RIHI, divided by the total number of issued and outstanding shares of RIHI Common Stock.

Footnote F2

On August 24, 2026, pursuant to the terms of the Agreement and Plan of Merger, dated as of April 26, 2026 (the "Merger Agreement"), by and among the Issuer, The Real Brokerage Inc., Rome Wildlife, Inc. ("New Wildlife"), Wildlife Acquisition I Corp. ("Merger Sub I"), Wildlife Acquisition II LLC ("Merger Sub II") and 1587802 B.C. Unlimited Liability Company, Merger Sub I merged with and into the Issuer (the "First Merger"), with the Issuer surviving the First Merger as a wholly owned subsidiary of New Wildlife, and the Issuer merged with and into Merger Sub II (the "Second Merger"), with Merger Sub II surviving the Second Merger as a wholly owned subsidiary of New Wildlife.

Footnote F3

Pursuant to the Merger Agreement and subject to certain exceptions, each share of Class A Common Stock issued and outstanding immediately prior to the effective time of the first Merger was converted into the right to receive, without interest and at the Reporting Person's election, either (i) an amount in cash equal to $13.80 or (ii) 0.5150 shares of New Wildlife common stock.

Footnote F4

On August 24, 2026, and pursuant to the RIHI Merger Agreement, the OpCo Common Units held by RIHI immediately prior to the effective time of the transactions contemplated by the RIHI Merger Agreement were surrendered to the Issuer by RIHI.

Footnote F5

Prior to the consummation of the transactions described herein, David Liniger and his wife, Gail Liniger, had dispositive, voting and investment control over the OpCo Common Units owned by RIHI.