RE/MAX (RMAX) 10% Owner RIHI Disposes 12.56M Units

What Happened

• RIHI, Inc., reported as a 10% owner of RE/MAX Holdings, Inc. (RMAX), disposed of 12,559,600 derivative securities on August 24, 2026. The filing lists the disposition price as $0.00 (total value $0), reflecting a non‑cash corporate transaction rather than an open‑market sale. The transaction is coded as "J" (other acquisition or disposition).

Key Details

• Transaction date: 2026-08-24; Filing date / Period of Report: 2026-08-24 (filed timely).
• Securities disposed: 12,559,600 OpCo common units reported as derivative securities; price reported $0.00; reported as a disposition.
• Post‑transaction holdings: The filing does not list RIHI’s remaining holdings of these units on this Form 4; the footnote indicates the units were surrendered to RE/MAX at the effective time.
• Footnote (summary): Per the Agreement and Plan of Merger (RIHI Merger Agreement), the OpCo common units held by RIHI immediately prior to the effective time were surrendered to RE/MAX by RIHI.
• Insider type: RIHI is a 10% owner (institutional holder), not an individual executive.

Context

• This was a corporate/merger-related disposition (derivative units surrendered under a merger agreement). The $0.00 reporting typically reflects conversion, surrender, or merger consideration rather than a cash sale; it does not in itself indicate buy/sell sentiment by company insiders.