RE/MAX Holdings, Inc. Files Definitive Proxy Statement

Ticker: RMAX · Form: DEF 14A · Filed: Apr 11, 2024 · CIK: 1581091

Sentiment: neutral

Topics: Proxy Statement, Executive Compensation, Corporate Governance, RE/MAX Holdings, DEF 14A

TL;DR

<b>RE/MAX Holdings, Inc. has filed its Definitive Proxy Statement for the period ending May 23, 2024, detailing executive compensation and financial metrics.</b>

AI Summary

RE/MAX Holdings, Inc. (RMAX) filed a Proxy Statement (DEF 14A) with the SEC on April 11, 2024. RE/MAX Holdings, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 11, 2024. The filing covers the period ending May 23, 2024. Key individuals mentioned include Mr. Steve Joyce, Mr. Erik Carlson, and Mr. Adam Contos, with compensation details for the years 2020-2023. The filing references Adjusted EBITDA and various equity award adjustments for PEO and Non-PEO NEO members. The company's principal executive offices are located at 5075 South Syracuse Street, Denver, CO.

Why It Matters

For investors and stakeholders tracking RE/MAX Holdings, Inc., this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information regarding executive compensation, board nominations, and other corporate governance matters, enabling informed voting decisions. The detailed breakdown of compensation, including stock and option awards, offers insight into how the company incentivizes its key executives and aligns their interests with shareholder value.

Risk Assessment

Risk Level: — RE/MAX Holdings, Inc. shows moderate risk based on this filing. The filing is a routine proxy statement, providing standard disclosures without immediate indications of significant financial distress or operational issues.

Analyst Insight

Review the executive compensation details and any shareholder proposals to assess alignment with company performance and strategic direction.

Executive Compensation

NameTitleTotal Compensation
Mr. Steve JoyceMember
Mr. Erik CarlsonMember
Mr. Adam ContosMember

Key Numbers

Key Players & Entities

FAQ

When did RE/MAX Holdings, Inc. file this DEF 14A?

RE/MAX Holdings, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 11, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by RE/MAX Holdings, Inc. (RMAX).

Where can I read the original DEF 14A filing from RE/MAX Holdings, Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by RE/MAX Holdings, Inc..

What are the key takeaways from RE/MAX Holdings, Inc.'s DEF 14A?

RE/MAX Holdings, Inc. filed this DEF 14A on April 11, 2024. Key takeaways: RE/MAX Holdings, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 11, 2024.. The filing covers the period ending May 23, 2024.. Key individuals mentioned include Mr. Steve Joyce, Mr. Erik Carlson, and Mr. Adam Contos, with compensation details for the years 2020-2023..

Is RE/MAX Holdings, Inc. a risky investment based on this filing?

Based on this DEF 14A, RE/MAX Holdings, Inc. presents a moderate-risk profile. The filing is a routine proxy statement, providing standard disclosures without immediate indications of significant financial distress or operational issues.

What should investors do after reading RE/MAX Holdings, Inc.'s DEF 14A?

Review the executive compensation details and any shareholder proposals to assess alignment with company performance and strategic direction. The overall sentiment from this filing is neutral.

Risk Factors

Key Dates

Glossary

DEF 14A
Definitive Proxy Statement (This is the primary filing type, used to solicit proxies from shareholders for annual or special meetings.)
Adjusted EBITDA
Earnings Before Interest, Taxes, Depreciation, and Amortization, adjusted for certain items. (A non-GAAP measure often used to assess operational performance and profitability.)

Filing Stats: 4,456 words · 18 min read · ~15 pages · Grade level 12.4 · Accepted 2024-04-11 06:30:42

Key Financial Figures

Filing Documents

From the Filing

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for use of the Commission only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 RE/MAX HOLDINGS, INC. (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Table of Contents Dear Fellow Stockholder: RE/MAX Holdings, Inc. is holding its 2024 annual meeting of stockholders at 11:30 a.m. mountain time on Thursday, May 23, 2024. The first order of business will be voting on three nominees to the Board of Directors. The Board of Directors comprises a group of seasoned professionals who bring a diverse set of skills and experiences to RE/MAX Holdings. The Board of Directors welcomed two new members in 2023. Norman Jenkins was elected to the Board of Directors at our 2023 annual meeting of stockholders. The Board of Directors appointed Erik Carlson as Chief Executive Officer and as a member of the Board of Directors in November 2023. The Board is deeply saddened to have lost one of our valuable members earlier this year. Laura Kelly, who was elected to the Board at the 2020 annual meeting of stockholders, passed away in March 2024. Laura was instrumental in supporting the launch and continued execution of our ongoing strategic initiatives. Laura successfully leveraged her broad business and personal experiences to foster strategic conversations at the Board level. She was also a valuable role model and mentor to many across the organization. Laura will be greatly missed. Three members of the Board of Directors have been nominated for re-election this year: Erik Carlson, Kathleen Cunningham, and Dr. Christine Riordan. The Board of Directors recommends that you vote "FOR" each of the Director nominees named in the proxy statement. On the other orders of business, the Board recommends that you vote "FOR" the advisory vote on compensation of our named executive officers, and "FOR" the ratification of Ernst & Young LLP as our independent registered public accounting firm. The meeting will be held as a virtual meeting, which stockholders can attend by visiting www.virtualshareholdermeeting.com/RMAX2024. This will be the eighth year that our annual meeting of stockholders is virtual. We have found that the virtual format makes it easier for stockholders to attend the meeting, improves communication, and reduces costs both for the Company and for stockholders who attend the meeting. We plan to give stockholders the opportunity to ask questions about the items of business for the meeting and our business generally. We encourage stockholders to vote their shares by proxy in advance of the annual meeting. The attached notice of the 2024 annual meeting of stockholders and proxy statement provide important information about the meeting and will serve as your guide to the business to be conducted at the meeting. Your vote is very important. We urge you to read the accompanying materials regarding the matters to be voted on at the meeting and to submit your voting instructions by proxy. The enclosed proxy statement and proxy card are first being sent to our stockholders on approximately April 11, 2024. You may submit your proxy either over the telephone or the internet or you may vote through the online portal during the meeting. In addition, if you received a paper copy of the proxy materials, you can vote by marking, signing, dating, and returning the proxy card sent to you in the envelope accompanying the proxy materials. Thank you for your continued support. Sincerely, David Liniger Chairman and RE/MAX Co-Founder April 11, 2024 Table of Contents NOTICE OF 2024 ANNUAL MEETING OF STOCKHOLDERS Meeting Information Items of Business Our Board's Recommendation More information WHEN Thursday, May 23, 2024 at 11:30 a.m. (mountain time) 1 To elect three Directors to our Board of Directors from the nominees named in the proxy statement FOR each nominee p. 7 ADMISSION Stockholders of record as of the close of business on April 1, 2024, will be entitled to attend, vote, and ask questions at the Annual Meeting 2 To conduct an advisory vote on our executive compensation FOR p. 26 WEBCAST The virtual meeting will be held online at: www.virtualshareholdermeeting.com /RMAX2024 . You will need to enter the control number included on your Notice of Internet Av

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