secwatch.observer — SEC 8-K summary
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Issuer:     RE/MAX Holdings, Inc. (RMAX)
CIK:        0001581091
Form:       8-K
Filed at:   2022-01-11T23:59:59+00:00
Accession:  0001104659-22-002989
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Adam Contos to depart March 31; interim CEO Stephen Joyce appointed; $100M buyback authorized
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- CEO Adam Contos leaves March 31, 2022; will co-lead with Stephen Joyce from March 1 to aid transition.
- Stephen Joyce named interim CEO; receives $100K signing bonus, $100K/month salary, $1M equity award.
- Board authorized up to $100M share repurchase program; no expiration date.
- Total RE/MAX agent count 141,998 (+3.1% YoY); Motto Mortgage offices 187 (+32.6% YoY).
- Retention bonuses for four NEOs: Callahan $308K, Bailey $312K, Smith $288K, Morrison $280K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581091/000110465922002989/0001104659-22-002989-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581091/000110465922002989/tm222481d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-002989

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer