RE/MAX Holdings, Inc. 8-K

What Happened

• On March 19, 2026 RE/MAX, LLC (a subsidiary of RE/MAX Holdings, Inc.) entered into a Stipulation and Agreement of Settlement to resolve remaining claims against REMAX in the putative class action Mya Batton et al. v. The National Association of Realtors et al. (N.D. Ill., Case No. 1:21-cv-00430).
• Under the Settlement Agreement REMAX agreed to pay a total settlement amount of $8.5 million to a qualified settlement fund, using available cash. The payment schedule is $1.5 million following preliminary court approval and the remaining $7.0 million following final court approval (including any appeals).
• The Settlement Agreement releases REMAX, the Company and certain affiliates and franchise parties from the covered claims, is subject to court approval, and expressly is not an admission of liability; REMAX continues to deny the material allegations.

Key Details

• Settlement amount: $8.5 million total.
• Payment timing: $1.5M after preliminary approval; $7.0M after final approval (and after appeals, if any).
• Date of agreement: March 19, 2026.
• Scope: Resolves remaining claims against REMAX in the referenced putative class action not released by a previously disclosed prior settlement (for which appeals are pending).

Why It Matters

• If approved by the court, the settlement will resolve the remaining claims against REMAX in this lawsuit, eliminating that portion of legal exposure tied to these plaintiffs.
• The company intends to use available cash to fund the $8.5M, so the amount will be paid from cash resources when the required court approvals occur.
• The agreement is subject to preliminary and final court approval and does not constitute an admission of wrongdoing; prior settlement appeals remain pending and could affect timing or finality.