Earnings Feed
Start Free
RE/MAX Holdings, Inc.·4

Feb 20, 5:20 PM ET

MAGNOLIA CAPITAL FUND, LP 4

Research Summary

AI-generated summary

Updated

RE/MAX (RMAX) 10% Owner Adam K. Peterson Sells 119,862 Shares

What Happened

  • Adam K. Peterson, reported as a 10% owner (indirectly through Magnolia Capital Fund, LP), sold a total of 119,862 RE/MAX Holdings, Inc. (RMAX) shares in two transactions. On 2026-02-18 he sold 52,362 shares at a weighted-average price of $6.90 for proceeds of $361,298. On 2026-02-19 he sold 67,500 shares at a weighted-average price of $6.84 for proceeds of $461,700. Total proceeds were approximately $822,998. These were sales (not purchases), which are often routine portfolio/partner-level transactions rather than a bullish signal.

Key Details

  • Transaction dates and reported weighted-average prices:
    • 2026-02-18: 52,362 shares @ $6.90 each — $361,298 (footnote: executed in multiple trades at $6.85–$7.02; weighted-average reported)
    • 2026-02-19: 67,500 shares @ $6.84 each — $461,700 (footnote: executed in multiple trades at $6.81–$6.85; weighted-average reported)
  • Total shares sold: 119,862; total proceeds ≈ $822,998.
  • Shares owned after the transaction: Not specified in the provided filing excerpt.
  • Ownership structure and disclaimers: Shares are directly owned by Magnolia Capital Fund, LP; The Magnolia Group, LLC is the general partner/manager and Adam K. Peterson is the managing member. TMG and Mr. Peterson may be deemed to share indirect beneficial ownership but disclaim beneficial ownership except to the extent of pecuniary interest (per footnotes).
  • Filing timeliness: Report filed 2026-02-20 for transactions on Feb 18–19, 2026 — appears to be timely under Section 16 reporting rules.
  • Reporting code: S = Sale. The filer offers to provide full trade-level breakdowns/prices upon request to the SEC/issuer/security holders.

Context

  • As a 10% owner via an investment vehicle, these sales likely reflect fund or partner-level liquidity/portfolio decisions rather than an executive signaling view on company fundamentals. Sales provide less clear insight into insider sentiment than purchases, which are typically considered more informative for retail investors.