Camping World (NYSE: CWH) director granted 20,325 restricted stock units

Rhea-AI Filing Summary

MALONE MICHAEL W reported acquisition or exercise transactions in this Form 4 filing.

Camping World Holdings, Inc. director Michael W. Malone reported an equity award of 20,325 shares of Class A Common Stock in the form of restricted stock units. Each RSU represents a right to receive one share and vests in full on the first anniversary of the grant, subject to his continued board service. Following this grant, he holds 73,209 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MALONE MICHAEL W

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	20,325	$0.00	--

Holdings After Transaction: Class A Common Stock — 73,209 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 20,325 RSUs Post-transaction holdings: 73,209 shares RSU vesting schedule: First anniversary of grant

3 metrics

RSUs granted 20,325 RSUs Grant of restricted stock units of Class A Common Stock

Post-transaction holdings 73,209 shares Total Class A Common Stock held directly after grant

RSU vesting schedule First anniversary of grant RSUs vest in full after one year of continued board service

Key Terms

restricted stock units, Class A Common Stock, vest in full, continued service on the board of directors

4 terms

restricted stock units financial

"Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Class A Common Stock financial

"Each RSU represents a contingent right to receive one share of Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

vest in full financial

"The RSUs vest in full on the first anniversary of the date of grant"

continued service on the board of directors financial

"subject to the Reporting Person's continued service on the board of directors of the Issuer"

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
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^*

MALONE MICHAEL W

(Last) (First) (Middle)

C/O CAMPING WORLD HOLDINGS, INC.

2 MARRIOTT DRIVE

(Street)

LINCOLNSHIRE ILLINOIS 60069

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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

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

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

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	05/21/2026		A		20,325(1)	A	$0	73,209	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 Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

	/s/ Lindsey Christen, as Attorney-in-Fact for Michael W. Malone	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Camping World (CWH) director Michael Malone report?

Director Michael W. Malone reported receiving 20,325 restricted stock units of Class A Common Stock. These RSUs are a share-based award that increases his direct holdings to 73,209 shares after the transaction disclosed in the Form 4.

How many Camping World (CWH) shares does Michael Malone hold after this Form 4?

After the reported award, Michael W. Malone directly holds 73,209 shares of Camping World Class A Common Stock. This total includes the 20,325 restricted stock units granted in the transaction described in the Form 4 filing.

What type of securities did Michael Malone receive from Camping World (CWH)?

Michael W. Malone received restricted stock units representing Class A Common Stock of Camping World. Each RSU equals a contingent right to one share, with the award totaling 20,325 RSUs as disclosed in the Form 4 insider transaction.

When do Michael Malone’s Camping World (CWH) RSUs vest?

The 20,325 restricted stock units granted to Michael W. Malone vest in full on the first anniversary of the grant date. Vesting is conditioned on his continued service on Camping World’s board of directors through that vesting date.

Is Michael Malone’s Camping World (CWH) RSU grant tied to continued board service?

Yes. The Form 4 footnote states the RSUs vest only if Michael W. Malone continues serving on Camping World’s board of directors through the first anniversary of the grant date, making ongoing board service a condition for vesting.

Did Michael Malone buy or sell Camping World (CWH) shares on the market?

The Form 4 shows a grant of 20,325 restricted stock units at a price of $0.00 per unit. It is classified as a grant or award acquisition, not an open-market purchase or sale of Camping World Class A Common Stock.