RE/MAX Holdings, Inc. 8-K

What Happened
RE/MAX Holdings (RMAX) announced on Feb 17, 2026 that Chris Lim was promoted to President and Chief Growth Officer of RE/MAX, LLC, a subsidiary of the company. Mr. Lim, age 55, had served as Executive Vice President and Chief Growth Officer of RE/MAX since February 2025 and previously held leadership roles at At World Holdings, including President of Christie’s International Real Estate.

Key Details

• Promotion effective: February 17, 2026; press release furnished Feb 18, 2026.
• New base salary: $425,000 per year.
• Long-term incentive: annual grant target equal to 200% of base salary (2x = $850,000 grant date value), split 50% performance-based RSUs (3-year performance vesting) and 50% time-based RSUs (vest annually over 3 years).
• Short-term incentive: annual target equal to 70% of base salary (~$297,500).
• Special one-time cash bonus: eligible to receive a bonus equal to his annual base salary ($425,000) if the company meets a specified revenue or Adjusted EBITDA target in any quarter through the quarter ending Dec 31, 2027.

Why It Matters
This is a senior leadership change focused on growth strategy at RE/MAX’s operating subsidiary. Mr. Lim’s compensation is heavily incentive-driven (large equity awards and performance conditions plus a potential near-term cash bonus tied to revenue or Adjusted EBITDA), which aligns his pay with company performance but may also result in equity dilution if awards are settled in shares. Investors should note the emphasis on performance-based equity and near-term metric-linked cash incentives when assessing management incentives and potential impacts on shares and financial results.