Form 4 for RDNW RideNow Group, Inc.
Accepted 2025-06-06 00:00:00 ET · period of report 2025-06-04 · accession 0001596961-25-000053 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2025-06-06 | 2025-06-04 | RDNW | Tkach Cameron | EVP, COO | A - Grant | $0.00 | +310.0K | 271.7K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2025-06-04 | A | A | 120,000 | $0.00 | 391,677 | D | — | — | (F2) Pursuant to the COO Employment Agreement and the Company's 2017 Stock Incentive Plan, as amended (the "Plan"), the Reporting Person will receive a one-time grant of 120,000 performance units (the "PSUs") under the Plan. A PSU represents a right to receive a share of the Company's Class B Common Stock. The PSUs will vest based on the achievement of minimum closing stock prices for 20 consecutive trading days ("Target"), with 40,000 PSUs vesting at each Target of $11, $17, and $23, subject to his continued service with the Company through each such vesting date and any other terms of the COO Employment Agreement. (F3) Includes 206,289 shares underlying RSUs not yet vested and 134,205 shares underlying PSUs that have not yet been earned. |
| 2 | Common | Class B Common Stock | 2025-06-04 | A | A | 190,000 | $0.00 | 271,677 | D | — | — | (F1) Pursuant to the Reporting Person's appointment as COO effective as of January 13, 2025 ("Commencement Date"), he was granted a one-time award of 190,000 time-based restricted stock units (the "RSUs") that will vest in three substantially equal installments on the anniversary of the Commencement Date in 2026, 2027 and 2028, subject to his continued service with the Company through each such vesting date and any other terms of the employment agreement he entered into with the Company on January 24, 2025 (the "COO Employment Agreement"). Each RSU represents a right to receive a share of the Company's Class B Common Stock. |