MAGNOLIA CAPITAL FUND, LP 4
4 · RE/MAX Holdings, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
RE/MAX (RMAX) 10% Owner Adam K. Peterson Sells Shares
What Happened
Adam K. Peterson, reported as a 10% owner (via Magnolia Capital Fund, LP), sold a total of 142,693 RE/MAX Holdings, Inc. (RMAX) shares in open-market transactions. On 2026-03-31 he sold 81,693 shares at a weighted-average price of $5.80 for $473,819, and on 2026-04-01 he sold 61,000 shares at a weighted-average price of $5.71 for $348,310. These were sales (dispositions), not purchases or option exercises.
Key Details
- Transaction dates and prices:
- 2026-03-31: 81,693 shares at $5.77–$5.86 (weighted avg $5.80) — $473,819 (footnote F3).
- 2026-04-01: 61,000 shares at $5.70–$5.73 (weighted avg $5.71) — $348,310 (footnote F4).
- Total sold: 142,693 shares for approximately $822,129.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Filing date: Form 4 filed 2026-04-02; the filing appears to cover the reported transactions promptly.
- Footnotes:
- F1: Shares are directly owned by Magnolia Capital Fund, LP; The Magnolia Group, LLC (TMG) is the GP/manager and Mr. Peterson is the managing member — indicating indirect beneficial ownership.
- F2: TMG and Mr. Peterson disclaim beneficial ownership except to the extent of pecuniary interest.
- F3/F4: Each sale was executed in multiple trades; the filing shows weighted-average prices and offers to provide per-trade details on request.
Context
These were open-market dispositions by a reported 10% owner conducted through an institutional vehicle (Magnolia Capital Fund). The filing documents indirect ownership structures and provides trade-price ranges rather than per-lot detail. Sales by large holders can be routine (liquidity, portfolio rebalancing, etc.); the Form 4 reports the facts but does not state the reason for the sales.
Insider Transaction Report
- Sale
Common Stock
[F3][F1][F2]2026-03-31$5.80/sh−81,693$473,819→ 2,665,643 total - Sale
Common Stock
[F4][F1][F2]2026-04-01$5.71/sh−61,000$348,310→ 2,604,643 total
Footnotes (4)
- [F1]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]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.
- [F3]This transaction was executed in multiple trades at prices ranging from $5.77 to $5.86. The price reported above represents 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 price at which the transaction was effected.
- [F4]This transaction was executed in multiple trades at prices ranging from $5.70 to $5.73. The price reported above represents 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.