Camping World (CWH) CEO Matthew Wagner receives 465,000 RSU grant

Rhea-AI Filing Summary

Camping World Holdings disclosed that its CEO, President, and Director Matthew D. Wagner received an equity award in the form of restricted stock units. On 01/01/2026, he was granted 465,000 RSUs of Class A common stock at a price of $0 per unit, increasing his beneficial ownership to 745,706 shares after the award.

The RSUs vest in three equal annual installments starting on November 15, 2026, and on each of the next two anniversaries, as long as he remains employed with the company through each vesting date. This structure is designed to tie a significant portion of his compensation to the company’s long-term performance and his continued service.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wagner Matthew D

(Last) (First) (Middle)

C/O CAMPING WORLD HOLDINGS, INC.

2 MARRIOTT DRIVE

(Street)

LINCOLNSHIRE IL 60069

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Camping World Holdings, Inc. [ CWH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and President

3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	01/01/2026		A		465,000(1)	A	$0	745,706	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in three equal annual installments, commencing on November 15, 2026 and on each of the two anniversaries of such date thereafter, subject to the Reporting Person's continued employment with the Issuer through each such vesting date.

	/s/ Lindsey Christen, as Attorney-in-Fact for Matthew D. Wagner	01/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Camping World (CWH) report for its CEO?

Camping World reported that CEO, President, and Director Matthew D. Wagner received an award of 465,000 restricted stock units (RSUs) of Class A common stock on 01/01/2026.

How many Camping World (CWH) shares does the CEO beneficially own after this transaction?

Following the reported RSU award, Matthew D. Wagner beneficially owns 745,706 shares of Camping World Class A common stock in direct ownership.

What are the vesting terms of the 465,000 RSUs granted by Camping World (CWH)?

The 465,000 RSUs vest in three equal annual installments, starting on November 15, 2026, and on each of the next two anniversaries, subject to Matthew D. Wagner’s continued employment through each vesting date.

What does each RSU granted by Camping World (CWH) represent?

Each restricted stock unit granted to Matthew D. Wagner represents a contingent right to receive one share of Camping World’s Class A common stock upon vesting.

Is the reported Camping World (CWH) insider award a cash transaction?

No. The transaction reflects an equity award. The Form 4 shows the 465,000 RSUs at a price of $0, indicating a stock-based compensation grant rather than a market purchase.

What roles does Matthew D. Wagner hold at Camping World (CWH)?

Matthew D. Wagner is reported as a Director and an Officer of Camping World, serving as CEO and President.