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RideNow Group (RDNW) director John C. Rickel receives 12,903 RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Rickel John C reported acquisition or exercise transactions in this Form 4 filing.

RideNow Group, Inc. director John C. Rickel received an equity grant of 12,903 restricted stock units of Class B common stock. The award was granted at no cash cost per unit and is described as an annual grant.

The restricted stock units will vest and become exercisable on the earlier of the day immediately preceding the first annual meeting following the grant date or June 4, 2027. Each unit gives a contingent right to receive one share of Class B common stock. Following this award, Rickel directly holds 74,631 shares.

Positive

  • None.

Negative

  • None.
Insider Rickel John C
Role null
Type Security Shares Price Value
Grant/Award Class B Common Stock 12,903 $0.00 --
Holdings After Transaction: Class B Common Stock — 74,631 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 12,903 units Annual award of restricted stock units on June 4, 2026
Grant price per unit $0.0000 per unit Compensation grant, not open-market purchase
Shares held after transaction 74,631 shares Director’s direct holdings following the grant
Latest vesting date June 4, 2027 Latest possible vesting date for RSU award
restricted stock units financial
"Represents an annual award of restricted stock units, which will vest"
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"
vest and become exercisable financial
"which will vest and become exercisable on the earlier of"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Rickel John C

(Last)(First)(Middle)
2677 E WILLIS ROAD
C/O RIDENOW GROUP, INC.

(Street)
CHANDLER ARIZONA 85286

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RideNow Group, Inc. [ RDNW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class B Common Stock06/04/2026A12,903(1)A$074,631D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an annual award of restricted stock units, which will vest and become exercisable on the earlier of (i) the day immediately preceding the date of the first annual meeting following the date of the grant and (ii) June 4, 2027. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class B common stock.
Remarks:
/s/ Melissa Bengtson, Attorney-in-Fact for John Rickel06/08/2026
** Signature of Reporting PersonDate
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 RideNow Group (RDNW) report for John C. Rickel?

RideNow Group reported that director John C. Rickel received an annual grant of 12,903 restricted stock units of Class B common stock. These units were granted at no cash cost and increase his direct equity-based compensation stake in the company.

How many shares does John C. Rickel hold after this RDNW Form 4 transaction?

After the equity grant, John C. Rickel holds 74,631 shares of RideNow Group Class B common stock directly. This total reflects the addition of 12,903 restricted stock units awarded as part of his annual director compensation package.

When do John C. Rickel’s RideNow Group restricted stock units vest?

The restricted stock units vest on the earlier of two dates: the day immediately preceding the first annual meeting following the grant, or June 4, 2027. Vesting must occur before he can receive the underlying Class B common shares.

What does each restricted stock unit represent for RideNow Group (RDNW)?

Each restricted stock unit represents a contingent right to receive one share of RideNow Group’s Class B common stock. The right becomes effective only after the vesting conditions are satisfied, providing equity-based compensation rather than immediate share ownership.

Was John C. Rickel’s RideNow Group share grant an open-market purchase?

No. The filing classifies the transaction as a grant or award of 12,903 restricted stock units at a price of $0.0000 per unit. It is compensation-based, not an open-market purchase or sale of RideNow Group shares.