SEC EDGARAUG 241 min read$RMAX

Liniger Gail A. sold (to issuer) 10,859,772 shares of RMAX (indirect holdings)

Liniger Gail A. sold (to issuer) 10,859,772 indirectly-held shares of RE/MAX Holdings, Inc. (RMAX) across 2 trades on 2026-08-24.

Original reporting

SEC EDGAR · Liniger Gail A.

Published Aug 24, 2026, 9:34 PM UTC

Analysis

alphai AI DeskAI-generated

Added to alphai Aug 24, 2026, 9:45 PM UTC. Informational, not investment advice.

How this was made

alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.

About alphai AI Desk Scoring methodology Report an issue

alphai market briefInsider activity

Primary signal

$RMAX

Neutral

medium confidence

Mentioned

$RMAX

Relevance

4/10

alphai data visualization · based on SEC EDGAR

Decision brief

The 30-second read

$RMAXNeutralLow

Why it matters

The sale removes a significant insider stake, which could affect market perception.

Market read

Routine insider transaction with limited immediate trading impact.

What to watch

Potential upcoming corporate actions or share repurchase program.

Relevance 4/10Novelty 4/10Timing: same-day filing

Background

SEC Form 4 filing by 10% owner Gail Liniger reporting a complete divestiture.

Company-level read

Ticker impact

AI estimates · verify against primary disclosures

$RMAXNeutralMedium confidence

Context

Form 4 shows insider sold 10.86M shares, reducing ownership to zero.

Expected impact

Potential short-term pressure on RMAX price.

Evidence & confidence

Sale size is material, but lack of price and context limits actionable insight.

Market effects

Sector

Minimal impact on real estate brokerage sector.

Regional

None

Global

None

Counterpoint

What could challenge this read

Insider may be liquidating for personal reasons, not a red flag.

Key entities

company
RE/MAX Holdings, Inc.
US-listed real estate brokerage firm.
insider
Gail A. Liniger
10% shareholder executing a sell to issuer.

Read at source ← All news

AUG 24

$RMAXMed

Carlson Erik sold (to issuer) 1,774,099 shares of RMAX

Carlson Erik (CHIEF EXECUTIVE OFFICER) sold (to issuer) 1,774,099 shares of RE/MAX Holdings, Inc. (RMAX) across 2 trades on 2026-08-24.

SEC EDGAR1 min

AUG 24

$RMAXLow

RE/MAX Holdings, Inc. (RMAX): Completion of Acquisition or Disposition of Assets

RE/MAX Holdings, Inc. (RMAX) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets.

SEC EDGAR 8-K1 min

AUG 21

$REAXHighAI 8/10

Real and RE/MAX Holdings Announce Real's Receipt of Court Approval of Proposed Arrangement in Connection with Proposed Combination

The Real Brokerage Inc. (REAX) and RE/MAX Holdings, Inc. (RMAX) announced that the Supreme Court of British Columbia approved their merger. The transaction, initially agreed upon in April 2026, received shareholder approval and is expected to close on August 24, 2026, pending remaining conditions. REAX and RMAX are real estate companies aiming to combine their services and technology.

prnewswire.com2 min

AUG 20

$REAXMed

Real and RE/MAX Holdings Announce Preliminary Results for Election of Form of Merger Consideration by REMAX Stockholders and Expected Timing of Real Share Consolidation

Real Brokerage (REAX) and RE/MAX Holdings (RMAX) announced preliminary results of stockholder elections for merger consideration. RE/MAX shareholders can choose between Real REMAX Group shares or $13.80 cash, with a total cash payout capped between $60M and $80M. The merger, expected to close August 24, 2026, is subject to court approval and other conditions.

thestarphoenix.com5 min

AUG 16

$RMAXMed

Real And RE/MAX Securityholders Approve Merger Creating $2.3 Billion-Revenue Real REMAX Group

Securityholders of The Real Brokerage and RE/MAX Holdings approved their proposed merger to form Real REMAX Group. Real shareholders supported the deal with about 99% of votes cast, and RE/MAX holders with about 78.8% of voting power. Closing remains subject to remaining conditions, including a Supreme Court of British Columbia order. Pro forma 2025 revenue is about $2.3B, with adjusted EBITDA about $157M before synergies.

pulse2.com3 min

AUG 14

$RMAXHighAI 9/10

Real, REMAX shareholders approve acquisition

Real and RE/MAX shareholders voted to approve Real’s proposed $880 million acquisition of RE/MAX, following DOJ antitrust clearance. Real said 99% of its shareholders backed the deal, while RE/MAX reported nearly 79% approval. The companies expect to close in as soon as two weeks, pending Supreme Court of British Columbia approval and other conditions.

realestatenews.com4 min