RideNow Group (RDNW) director John C. Rickel receives 12,903 RSU grant
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
RSUs granted: 12,903 units
Grant price per unit: $0.0000 per unit
Shares held after transaction: 74,631 shares
+1 more
4 metrics
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
Key Terms
restricted stock units, Class B common stock, annual award, vest and become exercisable
4 terms
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"
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.
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.