RideNow Group (RDNW) director receives 12,903 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RideNow Group, Inc. director and 10% owner Mark Tkach received an annual grant of 12,903 restricted stock units of Class B common stock at no cash cost. These units will vest on the earlier of the day before the first annual meeting after the grant date or June 4, 2027, and each unit converts into one share. Following this award, he directly holds 6,945,985 Class B shares reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tkach Mark
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 12,903 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 6,945,985 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 12,903 units
Grant price: $0.00 per unit
Shares after transaction: 6,945,985 shares
+1 more
4 metrics
RSU grant size
12,903 units
Annual award of restricted stock units on June 4, 2026
Grant price
$0.00 per unit
Reported transaction price for RSU award
Shares after transaction
6,945,985 shares
Class B common stock directly held after the grant
Latest vesting date
June 4, 2027
Latest possible vesting date for RSUs, subject to earlier annual meeting
Key Terms
restricted stock units, Class B common stock, annual award, contingent right
4 terms
restricted stock units financial
"Represents an annual award of restricted stock units, which will vest and become exerciseable"
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 B common stock financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class B common stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
annual award financial
"Represents an annual award of restricted stock units, which will vest"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
FAQ
What insider transaction did RDNW director Mark Tkach report?
Mark Tkach reported receiving an annual grant of 12,903 restricted stock units of RideNow Group Class B common stock. The grant was recorded at a price of $0.00 per unit as part of his director compensation.
When do Mark Tkach’s new RDNW restricted stock units vest?
The 12,903 restricted stock units will vest and become exercisable on the earlier of the day immediately before the first annual meeting following the grant date or June 4, 2027, according to the footnote description.
What does each RideNow Group restricted stock unit represent?
Each restricted stock unit granted to Mark Tkach represents a contingent right to receive one share of RideNow Group’s Class B common stock. Actual shares are delivered only when the restricted stock units vest under the terms described.
Was Mark Tkach’s RDNW transaction a market purchase or sale?
No, the filing shows a grant of 12,903 restricted stock units coded as a compensation-related acquisition. It is not an open-market stock purchase or sale, and was reported with a transaction price of $0.00 per share.