Business Context and Reporting Period
This Form 8-K Current Report was filed by RE/MAX Holdings, Inc. on February 17, 2026. The filing reports a corporate governance event: the promotion of Chris Lim to President and Chief Growth Officer of RE/MAX, LLC, a subsidiary of the Company.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on executive compensation and appointment details.
Material Changes
The primary material change reported is the internal promotion of Chris Lim from Executive Vice President and Chief Growth Officer to President and Chief Growth Officer of RE/MAX, LLC, effective February 17, 2026.
Guidance, Outlook, and Compensation Details
Management commentary is limited to the announcement of Mr. Lim's new role and compensation package. Key terms include:
- Base Salary: $425,000 annually.
- Long-Term Incentives: Annual grant with a target value of 200% of base salary ($850,000), split 50% performance-based restricted stock units (vesting over three years) and 50% time-based restricted stock units (vesting annually over three years).
- Short-Term Incentives: Target level of 70% of base salary.
- Special Bonus: Eligible for a one-time cash bonus equal to his annual base salary if the Company meets specific revenue or Adjusted EBITDA targets in any quarter through December 31, 2027.
- Employment Status: Mr. Lim does not have a formal employment agreement but is covered by standard Company policies regarding severance and retirement.
No specific financial guidance, outlook, or risk factors were disclosed in this filing.
Investor Verification Checklist
- Verify the specific revenue and Adjusted EBITDA targets referenced for the special one-time bonus program (details located in the May 20, 2025 Form 8-K).
- Confirm the vesting schedules and performance metrics for the 200% long-term incentive grant.
- Review the press release furnished as Exhibit 99.1 for additional context on the leadership transition.