Last 12 months
Inside the activity.
0 purchase rows · 7 sale rows
Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.Monthly counts
| Month | Purchases | Sales |
|---|---|---|
| Nov 2025 | 0 | 0 |
| Dec 2025 | 0 | 0 |
| Jan 2026 | 0 | 0 |
| Feb 2026 | 0 | 2 |
| Mar 2026 | 0 | 1 |
| Apr 2026 | 0 | 4 |
| May 2026 | 0 | 0 |
| Jun 2026 | 0 | 0 |
| Jul 2026 | 0 | 0 |
| Aug 2026 | 0 | 0 |
| Sep 2026 | 0 | 0 |
| Oct 2026 | 0 | 0 |
Latest available
Insider transactions
Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”
The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.
| Transaction date | Owner / reported role | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| February 23, 2024 Filed Feb 28, 2024 01:00 UTC |
Callahan Karri R.CHIEF FINANCIAL OFFICER
|
GrantClass A Common Stock | 14,266 | $0.00 | $0.00 |
DisclosureSEC source: 0001415889-24-005609 · form4-02272024_080240.xml · nonDerivative · entry 1 Callahan Karri R. · CIK 0001624701 · CHIEF FINANCIAL OFFICER 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 155,558 F1 · shares: Represents shares of RMAX Class A common stock issued on February 23, 2024 for the portion of the 2023 short term incentive that was paid in equity. F2 · balance_after: Includes 93,607 unvested restricted stock units. Read SEC document |
| February 23, 2024 Filed Feb 28, 2024 01:00 UTC |
Carlson ErikDirector · CHIEF EXECUTIVE OFFICER
|
Tax withholdingClass A Common Stock | 1,792 | $0.00 | $0.00 |
DisclosureSEC source: 0001415889-24-005610 · form4-02272024_080242.xml · nonDerivative · entry 2 Carlson W. Erik · CIK 0001426816 · Director · CHIEF EXECUTIVE OFFICER 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 581,963 F3 · shares: Represents shares of Class A common stock withheld by the issuer in satisfaction of tax withholding obligations upon the issuance of Class A common stock for the portion of the 2023 short term incentive paid in equity. F2 · balance_after: Includes 577,687 unvested restricted stock units. Read SEC document |
| February 23, 2024 Filed Feb 28, 2024 01:00 UTC |
Carlson ErikDirector · CHIEF EXECUTIVE OFFICER
|
GrantClass A Common Stock | 6,068 | $0.00 | $0.00 |
DisclosureSEC source: 0001415889-24-005610 · form4-02272024_080242.xml · nonDerivative · entry 1 Carlson W. Erik · CIK 0001426816 · Director · CHIEF EXECUTIVE OFFICER 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 583,755 F1 · shares: Represents shares of RMAX Class A common stock issued on February 23, 2024 for the portion of the 2023 short term incentive that was paid in equity. F2 · balance_after: Includes 577,687 unvested restricted stock units. Read SEC document |
| February 23, 2024 Filed Feb 28, 2024 01:00 UTC |
Ligon William GradyCHIEF INFORMATION OFFICER
|
Tax withholdingClass A Common Stock | 2,410 | $0.00 | $0.00 |
DisclosureSEC source: 0001415889-24-005605 · form4-02272024_080222.xml · nonDerivative · entry 2 Ligon William Grady · CIK 0001949293 · CHIEF INFORMATION OFFICER 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 54,585 F3 · shares: Represents shares of Class A common stock withheld by the issuer in satisfaction of tax withholding obligations upon the issuance of Class A common stock for the portion of the 2023 short term incentive paid in equity. F2 · balance_after: Includes 45,485 unvested restricted stock units. Read SEC document |
| February 23, 2024 Filed Feb 28, 2024 01:00 UTC |
Ligon William GradyCHIEF INFORMATION OFFICER
|
GrantClass A Common Stock | 8,926 | $0.00 | $0.00 |
DisclosureSEC source: 0001415889-24-005605 · form4-02272024_080222.xml · nonDerivative · entry 1 Ligon William Grady · CIK 0001949293 · CHIEF INFORMATION OFFICER 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 56,995 F1 · shares: Represents shares of RMAX Class A common stock issued on February 23, 2024 for the portion of the 2023 short term incentive that was paid in equity. F2 · balance_after: Includes 45,485 unvested restricted stock units. Read SEC document |
| February 23, 2024 Filed Feb 28, 2024 01:00 UTC |
Bailey Nicholas RDEPARTING OFFICER
|
Tax withholdingClass A Common Stock | 4,280 | $0.00 | $0.00 |
DisclosureSEC source: 0001415889-24-005602 · form4-02272024_080201.xml · nonDerivative · entry 2 Bailey Nicholas R · CIK 0001787033 · DEPARTING OFFICER 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 131,746 F3 · shares: Represents shares of Class A common stock withheld by the issuer in satisfaction of tax withholding obligations upon the issuance of Class A common stock for the portion of the 2023 short term incentive paid in equity. F2 · balance_after: Includes 88,556 unvested restricted stock units. Read SEC document |
| February 23, 2024 Filed Feb 28, 2024 01:00 UTC |
Bailey Nicholas RDEPARTING OFFICER
|
GrantClass A Common Stock | 14,916 | $0.00 | $0.00 |
DisclosureSEC source: 0001415889-24-005602 · form4-02272024_080201.xml · nonDerivative · entry 1 Bailey Nicholas R · CIK 0001787033 · DEPARTING OFFICER 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 136,026 F1 · shares: Represents shares of RMAX Class A common stock issued on February 23, 2024 for the portion of the 2023 short term incentive that was paid in equity. F2 · balance_after: Includes 88,556 unvested restricted stock units. Read SEC document |
| November 30, 2023 Filed Nov 30, 2023 23:11 UTC |
Peterson Adam K10% owner
MAGNOLIA CAPITAL FUND, LP10% owner
MAGNOLIA GROUP, LLC10% owner
|
PurchaseCommon Stock | 12,345 | $8.88 | $109,623.60 |
DisclosureSEC source: 0001398344-23-022057 · fp0086157-1_4.xml · nonDerivative · entry 2 Peterson Adam K · CIK 0001667769 · 10% owner MAGNOLIA CAPITAL FUND, LP · CIK 0001618333 · 10% owner MAGNOLIA GROUP, LLC · CIK 0001618376 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 2,983,843 F4 · price: This transaction was executed in multiple trades at prices ranging from $8.79 to $8.89. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F1 · balance_after: The reported shares are directly owned by Magnolia Capital Fund, LP ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. F2 · balance_after: TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. Read SEC document |
| November 28, 2023 Filed Nov 30, 2023 23:11 UTC |
Peterson Adam K10% owner
MAGNOLIA CAPITAL FUND, LP10% owner
MAGNOLIA GROUP, LLC10% owner
|
PurchaseCommon Stock | 24,342 | $8.84 | $215,183.28 |
DisclosureSEC source: 0001398344-23-022057 · fp0086157-1_4.xml · nonDerivative · entry 1 Peterson Adam K · CIK 0001667769 · 10% owner MAGNOLIA CAPITAL FUND, LP · CIK 0001618333 · 10% owner MAGNOLIA GROUP, LLC · CIK 0001618376 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 2,971,498 F3 · price: This transaction was executed in multiple trades at prices ranging from $8.78 to $9.00. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F1 · balance_after: The reported shares are directly owned by Magnolia Capital Fund, LP ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. F2 · balance_after: TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. Read SEC document |
| November 13, 2023 Filed Nov 14, 2023 00:29 UTC |
Carlson ErikDirector · Chief Executive Officer
|
GrantClass A Common Stock | 290,323 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-055093 · doc4.xml · nonDerivative · entry 3 Carlson W. Erik · CIK 0001426816 · Director · Chief Executive Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 577,687 F4 · shares: The reporting person was granted performance-based RSUs that are subject to vesting based on the price of the issuer's Class A common stock during a performance period from the date of grant through December 31, 2027. The RSUs were granted as an employment inducement award under NYSE Listed Company Manual Section 303A.08.The number set forth above is the target amount. The number of RSUs that vest will range from 0-200% of such amount. F2 · balance_after: All securities currently owned by the reporting person are unvested RSUs. Read SEC document |
| November 13, 2023 Filed Nov 14, 2023 00:29 UTC |
Carlson ErikDirector · Chief Executive Officer
|
GrantClass A Common Stock | 193,549 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-055093 · doc4.xml · nonDerivative · entry 2 Carlson W. Erik · CIK 0001426816 · Director · Chief Executive Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 287,364 F3 · shares: The reporting person was granted RSUs that are scheduled to vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027. The RSUs were granted as an employment inducement award under NYSE Listed Company Manual Section 303A.08. F2 · balance_after: All securities currently owned by the reporting person are unvested RSUs. Read SEC document |
| November 13, 2023 Filed Nov 14, 2023 00:29 UTC |
Carlson ErikDirector · Chief Executive Officer
|
GrantClass A Common Stock | 93,815 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-055093 · doc4.xml · nonDerivative · entry 1 Carlson W. Erik · CIK 0001426816 · Director · Chief Executive Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 93,815 F1 · shares: The reporting person was granted restricted stock units ("RSUs") that are scheduled to vest on November 13, 2024. The RSUs were granted as an employment inducement award under NYSE Listed Company Manual Section 303A.08. F2 · balance_after: All securities currently owned by the reporting person are unvested RSUs. Read SEC document |
| November 13, 2023 Filed Nov 14, 2023 21:40 UTC |
Peterson Adam K10% owner
MAGNOLIA CAPITAL FUND, LP10% owner
MAGNOLIA GROUP, LLC10% owner
|
PurchaseCommon Stock | 39,634 | $8.92 | $353,535.28 |
DisclosureSEC source: 0001398344-23-020718 · fp0086000-1_4.xml · nonDerivative · entry 1 Peterson Adam K · CIK 0001667769 · 10% owner MAGNOLIA CAPITAL FUND, LP · CIK 0001618333 · 10% owner MAGNOLIA GROUP, LLC · CIK 0001618376 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 2,947,156 F3 · price: This transaction was executed in multiple trades at prices ranging from $8.81 to $8.95. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F1 · balance_after: The reported shares are directly owned by Magnolia Capital Fund, LP ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. F2 · balance_after: TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. Read SEC document |
| November 13, 2023 Filed Nov 15, 2023 18:38 UTC |
Joyce Stephen PDirector
|
Tax withholdingClass A Common Stock | 5,681 | $8.98 | $51,015.38 |
DisclosureSEC source: 0001209191-23-055427 · doc4.xml · nonDerivative · entry 1 Joyce Stephen P · CIK 0001434036 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 20,052 F1 · shares: Represents shares of Class A common stock withheld by the issuer in satisfaction of tax withholding obligations upon the issuance of Class A common stock in settlement of RSUs on November 13, 2023. Read SEC document |
| November 01, 2023 Filed Nov 3, 2023 18:01 UTC |
Joyce Stephen PDirector · Chief Executive Officer
|
GrantClass A Common Stock | 8,819 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-054403 · doc4.xml · nonDerivative · entry 1 Joyce Stephen P · CIK 0001434036 · Director · Chief Executive Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 25,733 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, the reporting person was granted Restricted Stock Units ("RSUs") which, per the terms of the Amended and Restated Interim Executive Agreement between the Issuer and the reporting person, vest on the day that a new CEO begins employment with the Issuer. F2 · balance_after: Includes 23,336 unvested RSUs. Read SEC document |
| October 18, 2023 Filed Oct 20, 2023 21:29 UTC |
Peterson Adam K10% owner
MAGNOLIA CAPITAL FUND, LP10% owner
MAGNOLIA GROUP, LLC10% owner
|
PurchaseCommon Stock | 15,000 | $10.74 | $161,100.00 |
DisclosureSEC source: 0001398344-23-019544 · fp0085727-1_4.xml · nonDerivative · entry 1 Peterson Adam K · CIK 0001667769 · 10% owner MAGNOLIA CAPITAL FUND, LP · CIK 0001618333 · 10% owner MAGNOLIA GROUP, LLC · CIK 0001618376 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 2,907,522 F1 · balance_after: The reported shares are directly owned by Magnolia Capital Fund, LP ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. F2 · balance_after: TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. Read SEC document |
| October 16, 2023 Filed Oct 17, 2023 21:33 UTC |
Peterson Adam K10% owner
MAGNOLIA CAPITAL FUND, LP10% owner
MAGNOLIA GROUP, LLC10% owner
|
PurchaseCommon Stock | 51,850 | $10.86 | $563,091.00 |
DisclosureSEC source: 0001398344-23-019365 · fp0085697-1_4.xml · nonDerivative · entry 1 Peterson Adam K · CIK 0001667769 · 10% owner MAGNOLIA CAPITAL FUND, LP · CIK 0001618333 · 10% owner MAGNOLIA GROUP, LLC · CIK 0001618376 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 2,892,522 F3 · price: This transaction was executed in multiple trades at prices ranging from $10.83 to $10.90. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F1 · balance_after: The reported shares are directly owned by Magnolia Capital Fund, LP ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. F2 · balance_after: TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. Read SEC document |
| October 03, 2023 Filed Oct 4, 2023 22:23 UTC |
Peterson Adam K10% owner
MAGNOLIA CAPITAL FUND, LP10% owner
MAGNOLIA GROUP, LLC10% owner
|
PurchaseCommon Stock | 192,500 | $12.45 | $2,396,625.00 |
DisclosureSEC source: 0001398344-23-018967 · fp0085387-1_4.xml · nonDerivative · entry 2 Peterson Adam K · CIK 0001667769 · 10% owner MAGNOLIA CAPITAL FUND, LP · CIK 0001618333 · 10% owner MAGNOLIA GROUP, LLC · CIK 0001618376 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 2,840,672 F4 · price: This transaction was executed in multiple trades at prices ranging from $12.20 to $12.73. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F1 · balance_after: The reported shares are directly owned by Magnolia Capital Fund, LP ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. F2 · balance_after: TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. Read SEC document |
| October 02, 2023 Filed Oct 4, 2023 22:23 UTC |
Peterson Adam K10% owner
MAGNOLIA CAPITAL FUND, LP10% owner
MAGNOLIA GROUP, LLC10% owner
|
PurchaseCommon Stock | 23,065 | $12.81 | $295,462.65 |
DisclosureSEC source: 0001398344-23-018967 · fp0085387-1_4.xml · nonDerivative · entry 1 Peterson Adam K · CIK 0001667769 · 10% owner MAGNOLIA CAPITAL FUND, LP · CIK 0001618333 · 10% owner MAGNOLIA GROUP, LLC · CIK 0001618376 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 2,648,172 F3 · price: This transaction was executed in multiple trades at prices ranging from $12.68 to $12.82. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F1 · balance_after: The reported shares are directly owned by Magnolia Capital Fund, LP ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. F2 · balance_after: TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. Read SEC document |
| October 01, 2023 Filed Oct 3, 2023 08:42 UTC |
Joyce Stephen PDirector · Chief Executive Officer
|
GrantClass A Common Stock | 7,728 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-051269 · doc4.xml · nonDerivative · entry 1 Joyce Stephen P · CIK 0001434036 · Director · Chief Executive Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 16,914 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, the reporting person was granted Restricted Stock Units ("RSUs") which, per the terms of the Amended and Restated Interim Executive Agreement between the Issuer and the reporting person, vest on the day that a new CEO begins employment with the Issuer. F2 · balance_after: Includes 14,517 unvested RSUs. Read SEC document |
| September 07, 2023 Filed Sep 8, 2023 01:27 UTC |
Peterson Adam K10% owner
MAGNOLIA CAPITAL FUND, LP10% owner
MAGNOLIA GROUP, LLC10% owner
|
PurchaseCommon Stock | 23,003 | $14.33 | $329,632.99 |
DisclosureSEC source: 0001398344-23-017837 · fp0085087-1_4.xml · nonDerivative · entry 2 Peterson Adam K · CIK 0001667769 · 10% owner MAGNOLIA CAPITAL FUND, LP · CIK 0001618333 · 10% owner MAGNOLIA GROUP, LLC · CIK 0001618376 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 2,625,107 F3 · price: This transaction was executed in multiple trades at prices ranging from $14.23 to $14.46. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F1 · balance_after: The reported shares are directly owned by the Magnolia Capital Fund ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. F2 · balance_after: TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. Read SEC document |
| September 07, 2023 Filed Sep 11, 2023 22:10 UTC |
Jenkins Leah RVP, Chief Accounting Officer
|
GrantClass A Common Stock | 2,324 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-048979 · doc4.xml · nonDerivative · entry 1 Jenkins Leah R · CIK 0001991141 · VP, Chief Accounting Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 2,324 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on September 7, 2023, the reporting person was granted performance-based restricted stock units ("RSUs") which will vest, if at all, following the performance period of January 1, 2023, through December 31, 2025. The number set forth above is the target amount. The number of RSUs that vest will range from 0-200% of such amount. F2 · balance_after: Includes 2,324 unvested RSUs. Read SEC document |
| September 07, 2023 Filed Sep 11, 2023 18:09 UTC |
Joyce Stephen PDirector · Chief Executive Officer
|
GrantClass A Common Stock | 6,789 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-048978 · doc4.xml · nonDerivative · entry 1 Joyce Stephen P · CIK 0001434036 · Director · Chief Executive Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 9,186 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on September 7, 2023, the reporting person was granted Restricted Stock Units which, per the terms of the Amended and Restated Interim Executive Agreement between the Issuer and the reporting person, vest on the day that a new CEO begins employment with the Issuer. F2 · balance_after: Includes 6,789 unvested RSUs. Read SEC document |
| September 07, 2023 Filed Feb 28, 2024 01:00 UTC Amendment |
Jenkins Leah RVP, CHIEF ACCOUNTING OFFICER
|
GrantClass A Common Stock | 2,324 | $0.00 | $0.00 |
DisclosureSEC source: 0001415889-24-005603 · form4a-02272024_080215.xml · nonDerivative · entry 1 Jenkins Leah R · CIK 0001991141 · VP, CHIEF ACCOUNTING OFFICER 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 7,316 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on September 7, 2023, the reporting person was granted performance-based restricted stock units ("RSUs") which will vest, if at all, following the performance period of January 1, 2023, through December 31, 2025. The number set forth above is the target amount. The number of RSUs that vest will range from 0-200% of such amount. F2 · balance_after: Includes 4,992 unvested RSUs. Read SEC document |
| September 06, 2023 Filed Sep 8, 2023 01:27 UTC |
Peterson Adam K10% owner
MAGNOLIA CAPITAL FUND, LP10% owner
MAGNOLIA GROUP, LLC10% owner
|
PurchaseCommon Stock | 522 | $14.43 | $7,532.46 |
DisclosureSEC source: 0001398344-23-017837 · fp0085087-1_4.xml · nonDerivative · entry 1 Peterson Adam K · CIK 0001667769 · 10% owner MAGNOLIA CAPITAL FUND, LP · CIK 0001618333 · 10% owner MAGNOLIA GROUP, LLC · CIK 0001618376 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 2,602,104 F1 · balance_after: The reported shares are directly owned by the Magnolia Capital Fund ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. F2 · balance_after: TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. Read SEC document |
| June 15, 2023 Filed Jun 16, 2023 17:04 UTC |
CUNNINGHAM KATHLEEN JDirector
|
SaleClass A Common Stock | 3,000 | $18.27 | $54,824.10 |
DisclosureSEC source: 0001209191-23-037967 · doc4.xml · nonDerivative · entry 1 CUNNINGHAM KATHLEEN J · CIK 0001247599 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 26,707 F1 · balance_after: Includes 5,409 unvested RSUs. Read SEC document |
| June 14, 2023 Filed Jun 15, 2023 20:58 UTC |
Peterson Adam K10% owner
MAGNOLIA CAPITAL FUND, LP10% owner
MAGNOLIA GROUP, LLC10% owner
|
PurchaseCommon Stock | 16,000 | $18.97 | $303,520.00 |
DisclosureSEC source: 0001398344-23-012058 · fp0083875-1_4.xml · nonDerivative · entry 2 Peterson Adam K · CIK 0001667769 · 10% owner MAGNOLIA CAPITAL FUND, LP · CIK 0001618333 · 10% owner MAGNOLIA GROUP, LLC · CIK 0001618376 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 2,601,582 F4 · price: This transaction was executed in multiple trades at prices ranging from $18.95 to $19.01. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F1 · balance_after: The reported shares are directly owned by Adam K. Peterson ("Mr. Peterson") and the Magnolia Capital Fund ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Mr. Peterson is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. Mr. Peterson serves as a director of the Issuer. F2 · balance_after: TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. Read SEC document |
| June 13, 2023 Filed Jun 15, 2023 20:58 UTC |
Peterson Adam K10% owner
MAGNOLIA CAPITAL FUND, LP10% owner
MAGNOLIA GROUP, LLC10% owner
|
PurchaseCommon Stock | 411 | $18.97 | $7,796.67 |
DisclosureSEC source: 0001398344-23-012058 · fp0083875-1_4.xml · nonDerivative · entry 1 Peterson Adam K · CIK 0001667769 · 10% owner MAGNOLIA CAPITAL FUND, LP · CIK 0001618333 · 10% owner MAGNOLIA GROUP, LLC · CIK 0001618376 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 2,585,582 F3 · price: This transaction was executed in multiple trades at prices ranging from $18.94 to $19.05. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F1 · balance_after: The reported shares are directly owned by Adam K. Peterson ("Mr. Peterson") and the Magnolia Capital Fund ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Mr. Peterson is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. Mr. Peterson serves as a director of the Issuer. F2 · balance_after: TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. Read SEC document |
| May 24, 2023 Filed May 26, 2023 14:34 UTC |
Morrison Ward M.Pres. & CEO - Motto & wemlo
|
GrantClass A Common Stock | 4,898 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032448 · doc4.xml · nonDerivative · entry 3 Morrison Ward M. · CIK 0001804615 · Pres. & CEO - Motto & wemlo 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 109,558 F5 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted time-based RSUs which vest on March 1, 2024. F6 · balance_after: Includes 79,532 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 14:34 UTC |
Morrison Ward M.Pres. & CEO - Motto & wemlo
|
GrantClass A Common Stock | 16,458 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032448 · doc4.xml · nonDerivative · entry 2 Morrison Ward M. · CIK 0001804615 · Pres. & CEO - Motto & wemlo 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 104,660 F3 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted time-based RSUs which vest in three equal annual installments beginning on March 1, 2024. F4 · balance_after: Includes 76,634 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 14:34 UTC |
Morrison Ward M.Pres. & CEO - Motto & wemlo
|
GrantClass A Common Stock | 24,686 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032448 · doc4.xml · nonDerivative · entry 1 Morrison Ward M. · CIK 0001804615 · Pres. & CEO - Motto & wemlo 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 88,202 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted performance-based restricted stock units ("RSUs") which will vest, if at all, following the performance period of January 1, 2023, through December 31, 2025. The number set forth above is the target amount. The number of RSUs that vest will range from 0-200% of such amount. F2 · balance_after: Includes 58,176 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 14:37 UTC |
Smith Serene M.Chief of Staff & COO
|
GrantClass A Common Stock | 5,038 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032454 · doc4.xml · nonDerivative · entry 3 Smith Serene M. · CIK 0001707900 · Chief of Staff & COO 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 120,814 F5 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted time-based RSUs which vest on March 1, 2024. F6 · balance_after: Includes 81,804 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 14:37 UTC |
Smith Serene M.Chief of Staff & COO
|
GrantClass A Common Stock | 16,928 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032454 · doc4.xml · nonDerivative · entry 2 Smith Serene M. · CIK 0001707900 · Chief of Staff & COO 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 115,776 F3 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted time-based RSUs which vest in three equal annual installments beginning on March 1, 2024. F4 · balance_after: Includes 76,766 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 14:37 UTC |
Smith Serene M.Chief of Staff & COO
|
GrantClass A Common Stock | 25,391 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032454 · doc4.xml · nonDerivative · entry 1 Smith Serene M. · CIK 0001707900 · Chief of Staff & COO 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 98,848 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted performance-based restricted stock units ("RSUs") which will vest, if at all, following the performance period of January 1, 2023, through December 31, 2025. The number set forth above is the target amount. The number of RSUs that vest will range from 0-200% of such amount. F2 · balance_after: Includes 59,838 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:38 UTC |
Van De Bogart Teresa SDirector
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GrantClass A Common Stock | 5,409 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032458 · doc4.xml · nonDerivative · entry 1 Van De Bogart Teresa S · CIK 0001674029 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 22,523 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted restricted stock units ("RSUs") which vest on March 1, 2024. F2 · balance_after: Includes 5,409 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:18 UTC |
Callahan Karri R.Chief Financial Officer
|
GrantClass A Common Stock | 5,388 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032431 · doc4.xml · nonDerivative · entry 3 Callahan Karri R. · CIK 0001624701 · Chief Financial Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 141,292 F5 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted time-based RSUs which vest on March 1, 2024. F6 · balance_after: Includes 93,607 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:18 UTC |
Callahan Karri R.Chief Financial Officer
|
GrantClass A Common Stock | 20,552 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032431 · doc4.xml · nonDerivative · entry 2 Callahan Karri R. · CIK 0001624701 · Chief Financial Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 135,904 F3 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted time-based RSUs which vest in three equal annual installments beginning on March 1, 2024. F4 · balance_after: Includes 88,219 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:18 UTC |
Callahan Karri R.Chief Financial Officer
|
GrantClass A Common Stock | 30,828 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032431 · doc4.xml · nonDerivative · entry 1 Callahan Karri R. · CIK 0001624701 · Chief Financial Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 115,352 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted performance-based restricted stock units ("RSUs") which will vest, if at all, following the performance period of January 1, 2023, through December 31, 2025. The number set forth above is the target amount. The number of RSUs that vest will range from 0-200% of such amount. F2 · balance_after: Includes 67,667 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 14:19 UTC |
CUNNINGHAM KATHLEEN JDirector
|
GrantClass A Common Stock | 5,409 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032434 · doc4.xml · nonDerivative · entry 1 CUNNINGHAM KATHLEEN J · CIK 0001247599 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 29,707 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted restricted stock units ("RSUs") which vest on March 1, 2024. F2 · balance_after: Includes 5,409 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:36 UTC |
Scherping Katherine LeeDirector
|
GrantClass A Common Stock | 5,409 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032452 · doc4.xml · nonDerivative · entry 1 Scherping Katherine Lee · CIK 0001330786 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 6,647 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted restricted stock units ("RSUs") which vest on March 1, 2024. F2 · balance_after: Includes 5,409 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:33 UTC |
Menogan Annita MDirector
|
GrantClass A Common Stock | 5,409 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032447 · doc4.xml · nonDerivative · entry 1 Menogan Annita M · CIK 0001349040 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 7,885 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted restricted stock units ("RSUs") which vest on March 1, 2024. F2 · balance_after: Includes 5,409 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:35 UTC |
Riordan Christine M.Director
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GrantClass A Common Stock | 5,409 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032450 · doc4.xml · nonDerivative · entry 1 Riordan Christine M. · CIK 0001632728 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 24,234 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted restricted stock units ("RSUs") which vest on March 1, 2024. F2 · balance_after: Includes 5,409 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:33 UTC |
Ligon William GradyChief Information Officer
|
GrantClass A Common Stock | 15,447 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032446 · doc4.xml · nonDerivative · entry 2 Ligon William Grady · CIK 0001949293 · Chief Information Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 48,069 F3 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted time-based RSUs which vest in three equal annual installments beginning on March 1, 2024. F4 · balance_after: Includes 45,485 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:33 UTC |
Ligon William GradyChief Information Officer
|
GrantClass A Common Stock | 23,170 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032446 · doc4.xml · nonDerivative · entry 1 Ligon William Grady · CIK 0001949293 · Chief Information Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 32,622 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted performance-based restricted stock units ("RSUs") which will vest, if at all, following the performance period of January 1, 2023, through December 31, 2025. The number set forth above is the target amount. The number of RSUs that vest will range from 0-200% of such amount. F2 · balance_after: Includes 30,038 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:31 UTC |
Kelly Laura G.Director
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GrantClass A Common Stock | 5,409 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032443 · doc4.xml · nonDerivative · entry 1 Kelly Laura G. · CIK 0001586768 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 13,656 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted restricted stock units ("RSUs") which vest on March 1, 2024. F2 · balance_after: Includes 5,409 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:31 UTC |
Jenkins Norman K.Director
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GrantClass A Common Stock | 4,057 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032441 · doc4.xml · nonDerivative · entry 1 Jenkins Norman K. · CIK 0001712525 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,057 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted restricted stock units ("RSUs") which vest on March 1, 2024. F2 · balance_after: Includes 4,057 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:24 UTC |
Harrison Ronald E.Director
|
GrantClass A Common Stock | 2,705 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032438 · doc4.xml · nonDerivative · entry 1 Harrison Ronald E. · CIK 0001586499 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 22,803 F1 · shares: Represents shares of Class A common stock granted to the reporting person pursuant to the RE/MAX Holdings, Inc. 2013 Omnibus Incentive Plan. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:20 UTC |
Dow Roger J.Director
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GrantClass A Common Stock | 5,409 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032435 · doc4.xml · nonDerivative · entry 1 Dow Roger J. · CIK 0001586505 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 40,607 F1 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted restricted stock units ("RSUs") which vest on March 1, 2024. F2 · balance_after: Includes 5,409 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:09 UTC |
Bailey Nicholas RPresident & CEO - RE/MAX, LLC
|
GrantClass A Common Stock | 5,458 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032424 · doc4.xml · nonDerivative · entry 3 Bailey Nicholas R · CIK 0001787033 · President & CEO - RE/MAX, LLC 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 121,110 F5 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted time-based RSUs which vest on March 1, 2024. F6 · balance_after: Includes 88,556 unvested RSUs. Read SEC document |
| May 24, 2023 Filed May 26, 2023 18:09 UTC |
Bailey Nicholas RPresident & CEO - RE/MAX, LLC
|
GrantClass A Common Stock | 18,338 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-23-032424 · doc4.xml · nonDerivative · entry 2 Bailey Nicholas R · CIK 0001787033 · President & CEO - RE/MAX, LLC 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 115,652 F3 · shares: Pursuant to the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan, on May 24, 2023, the reporting person was granted time-based RSUs which vest in three equal annual installments beginning on March 1, 2024. F4 · balance_after: Includes 83,098 unvested RSUs. Read SEC document |
Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.