RE/MAX (RMAX) Director Teresa S. Van De Bogart Sells 57,362 Shares

What Happened
Teresa S. Van De Bogart, a director of RE/MAX Holdings, Inc. (RMAX), reported a disposition of 57,362 shares on August 24, 2026. The Form 4 lists the transaction as a "disposition to the issuer" with no per-share price reported. This transaction was part of the corporate merger described in the filing rather than a routine open-market sale.

Key Details

• Transaction date: 2026-08-24. Price: N/A on the Form 4. Transaction code: D (Disposition to issuer).
• Shares disposed: 57,362. Post-transaction shares held by the reporting person are not specified in the provided excerpt.
• Filing timeliness: Reported on the same date (no late filing indicated in the provided data).
• Notable footnotes from the filing:
  • F1: The disposition occurred as part of a two-step merger where RE/MAX merged into entities controlled by The Real Brokerage Inc. (the mergers closed on Aug 24, 2026).
  • F2: Reported securities included RSUs that were converted under the merger into the right to receive New Wildlife common stock (and cash for accrued dividend equivalents), subject to withholding.
  • F3: Each RE/MAX share was converted under the merger into either $13.80 in cash or 0.5150 shares of New Wildlife common stock (the Stock Election Exchange Ratio). If the cash option were chosen for all 57,362 shares, the gross value would be roughly $792k (57,362 × $13.80); the Form 4 does not state which option the reporting person elected.

Context
This disposition is merger-related: shares and RSUs were converted under the merger agreement into cash and/or New Wildlife stock rather than representing a typical insider sale for liquidity. Such merger-driven dispositions are common and do not necessarily indicate a change in the insider’s view of the business.