[Form 4] Camping World Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Insider sale of Camping World Holdings (CWH) shares reported on Form 4 shows Matthew D. Wagner, President, disposed of 15,505 shares of Class A common stock on 08/15/2025 at $17.26 per share, leaving him with 285,135 shares beneficially owned. The Form 4 was signed by an attorney-in-fact on 08/19/2025. The filing indicates a routine officer sale; no options or derivative transactions were reported.

Insights

Financial Analyst

TL;DR: Officer sale of 15,505 CWH shares at $17.26 appears routine and not materially impactful to the company.

The reported transaction is a straightforward open-market or rule-based sale by the company's President on 08/15/2025. The post-transaction holding of 285,135 shares remains substantial, suggesting continued alignment with shareholders. No derivative activity or planned sale language is included, and the amount sold does not on its face indicate a change in control or significant dilution.

Corporate Governance Expert

TL;DR: This Form 4 documents a disclosed officer sale, complying with Section 16 reporting; it raises no immediate governance red flags.

The filing is properly executed and signed by an attorney-in-fact, which is common. The record shows a single-class transaction and clear post-sale ownership. Absent additional context such as pattern sales, trading plan language, or related-party transactions, this disclosure is routine under insider reporting rules.

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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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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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	08/15/2025		F		15,505	D	$17.26	285,135	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:

	/s/ Lindsey Christen, as Attorney-in-Fact for Matthew D. Wagner	08/19/2025
	** 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 Matthew D. Wagner report for CWH?

He reported a sale of 15,505 shares of Class A common stock on 08/15/2025 at $17.26 per share.

How many CWH shares does Matthew D. Wagner own after the sale?

He beneficially owned 285,135 shares of Class A common stock following the reported transaction.

When was the Form 4 for the CWH transaction signed?

The Form 4 was signed by an attorney-in-fact on 08/19/2025.

Did the Form 4 report any derivative or option transactions for CWH?

No. The filing reports only a non-derivative sale of Class A common stock and lists no derivative securities.

What is Matthew D. Wagner's role at Camping World Holdings (CWH)?

The filing identifies him as President of Camping World Holdings, Inc.