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RideNow Group (RDNW) grants director 12,903 Class B stock units

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

Rhea-AI Filing Summary

Coulter William reported acquisition or exercise transactions in this Form 4 filing.

RideNow Group director and 10% owner William Coulter received an award of 12,903 restricted stock units linked to Class B common stock at no cash cost. These units will vest on the earlier of the day immediately preceding the first annual meeting following the grant date or June 4, 2027.

Each restricted stock unit represents a contingent right to receive one share of Class B common stock. After this award, Coulter is reported as beneficially owning 6,852,614 Class B shares, including 1,317,005 shares held by The WRC 2021 Irrevocable Trust where he serves as trustee and 67,410 shares held by WJC Properties, L.L.C., where he serves as manager.

Positive

  • None.

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Insider Coulter William
Role null
Type Security Shares Price Value
Grant/Award Class B Common Stock 12,903 $0.00 --
Holdings After Transaction: Class B Common Stock — 6,852,614 shares (Direct, null)
Footnotes (1)
  1. Represents an annual award of restricted stock units, which will vest and become exerciseable 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. Includes 1,317,005 shares of Class B common stock of the Issuer held by The WRC 2021 Irrevocable Trust, for which Mr. Coulter serves as Trustee, and 67,410 shares of Class B common stock of the Issuer held by WJC Properties, L.L.C., for which Mr. Coulter serves as Manager.
RSU award size 12,903 units Grant of restricted stock units on Class B common stock
Shares after transaction 6,852,614 shares Total Class B common stock beneficially owned following award
Trust-held shares 1,317,005 shares Class B shares held by The WRC 2021 Irrevocable Trust
LLC-held shares 67,410 shares Class B shares held by WJC Properties, L.L.C.
Vesting latest 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
"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.
Irrevocable Trust financial
"held by The WRC 2021 Irrevocable Trust, for which Mr. Coulter serves"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
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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*
Coulter William

(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)
XDirectorX10% 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$0.00(1)6,852,614(2)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)
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 exerciseable 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.
2. Includes 1,317,005 shares of Class B common stock of the Issuer held by The WRC 2021 Irrevocable Trust, for which Mr. Coulter serves as Trustee, and 67,410 shares of Class B common stock of the Issuer held by WJC Properties, L.L.C., for which Mr. Coulter serves as Manager.
/s/ William Coulter06/08/2026
** 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 did RideNow Group (RDNW) insider William Coulter report on this Form 4?

William Coulter reported receiving 12,903 restricted stock units tied to Class B common stock. The award was granted at no cash cost and increases his reported beneficial ownership to 6,852,614 Class B shares, including shares held through a trust and an LLC he manages.

Is the RideNow Group (RDNW) Form 4 transaction an open-market buy or a grant?

The Form 4 shows a grant or award acquisition, not an open-market purchase. Coulter received 12,903 restricted stock units for no cash consideration, classified under transaction code A, which denotes a grant, award, or other acquisition rather than a market trade.

When do William Coulter’s new RideNow Group (RDNW) restricted stock units vest?

The restricted stock units vest on the earlier of two dates. They become exercisable the day immediately before the first annual meeting following the grant date, or on June 4, 2027, whichever occurs first, according to the footnote disclosure.

How many RideNow Group (RDNW) shares does William Coulter beneficially own after this award?

After the award, Coulter is reported as beneficially owning 6,852,614 shares of Class B common stock. This total includes 1,317,005 shares held by The WRC 2021 Irrevocable Trust and 67,410 shares held by WJC Properties, L.L.C., entities he oversees.

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

Each restricted stock unit gives Coulter a contingent right to receive one share of Class B common stock. The units only convert into actual shares once the vesting condition is met, either before the first annual meeting after grant or on June 4, 2027.

How are trust and LLC holdings treated in William Coulter’s RideNow Group (RDNW) Form 4?

The Form 4 notes that his total includes 1,317,005 Class B shares held by The WRC 2021 Irrevocable Trust and 67,410 shares held by WJC Properties, L.L.C. Coulter serves as trustee and manager, respectively, so these holdings are included in his beneficial ownership.