secwatch.observer — SEC 8-K summary
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Issuer:     RE/MAX Holdings, Inc. (RMAX)
CIK:        0001581091
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001104659-23-116786
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RE/MAX appoints former DISH CEO Erik Carlson as new CEO; board member
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- Erik Carlson named CEO and board member effective Nov 13, 2023; replaces interim CEO Stephen Joyce.
- Base salary $825,000; 2023 guaranteed bonus 100% of base pro-rated; target bonus 125% thereafter.
- Inducement equity awards valued at $5.5M: time-based RSUs ($2.8M) and performance-based RSUs (0-200% of $2.7M target).
- Retention cash bonuses approved for four NEOs: $478,931 (Bailey), $712,500 (Callahan), $430,363 (Morrison), $391,230 (Smith).
- Carlson previously guided DISH's $15B revenue; stock price targets for performance RSUs range $20-$55 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581091/000110465923116786/0001104659-23-116786-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581091/000110465923116786/tm2329999d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-116786

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