RDNW CFO awarded RSUs and PSUs with $11/$17/$23 price targets

Q: What equity awards did RDNW’s CFO receive?

112,000 RSUs and 70,000 PSUs , each representing a share of Class B common stock.

Q: What triggers vesting of the PSUs at RDNW?

Stock price Targets for 20 consecutive trading days: $11 , $17 , and $23 , with 23,000, 23,000, and 24,000 PSUs vesting respectively.

Q: What is the beneficial ownership after these transactions for RDNW’s CFO?

182,000 shares following the reported transactions.

Q: What is the exercise or purchase price for the reported awards?

The RSUs and PSUs were reported as acquired at $0 .

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

RideNow Group (RDNW) reported equity awards to its EVP, CFO in a Form 4. On 11/06/2025, the officer was granted 112,000 time‑based RSUs at $0, each representing one share of Class B common stock. A further 70,000 PSUs at $0 were granted, each representing one share, which vest upon achieving minimum closing stock prices for 20 consecutive trading days: $11, $17, and $23 in tranches of 23,000, 23,000, and 24,000 PSUs.

The RSUs vest in three substantially equal installments on the anniversary of the CFO’s October 20, 2025 commencement date in 2026, 2027, and 2028, subject to continued service and the employment agreement. The filing lists 182,000 shares beneficially owned following the reported transactions.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Barsetti Joshua J

Role EVP, CFO

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock	112,000	$0.00	--
Grant/Award	Class B Common Stock	70,000	$0.00	--

Holdings After Transaction: Class B Common Stock — 112,000 shares (Direct)

Footnotes (1)

Pursuant to the Reporting Person's appointment as CFO effective as of October 20, 2025 ("Commencement Date"), he was granted a one-time award of 112,000 time-based restricted stock units (the "RSUs)" that will vest in three substantially equal installments on the anniversary of the Commencement Date in 2026, 2027 and 2028, subject to his continued service with the Company through each such vesting date and any other terms of the employment agreement he entered into with the Company effective as of October 20, 2025 (the "CFO Employment Agreement"). Each RSU represents a right to receive a share of the Company's Class B Common Stock. Pursuant to the CFO Employment Agreement and the Company's 2017 Stock Incentive Plan, as amended (the "Plan"), the Reporting Person will receive a one-time grant of 70,000 performance units (the "PSUs") under the Plan. A PSU represents a right to receive a share of the Company's Class B Common Stock. The PSUs will vest based on the achievement of minimum closing stock prices for 20 consecutive trading days ("Target"), with 23,000, 23,000, and 24,000 PSUs vesting at each Target of $11, $17, and $23, respectively, subject to his continued service with the Company through each such vesting date and any other terms of the CFO Employment Agreement.

Form 4 Insider Transactions: What Each Field Means →

11/07/2025 - 04:38 PM

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^*

Barsetti Joshua J

(Last)

(First)

(Middle)

2677 E WILLIS ROAD

C/O RIDENOW GROUP, INC.

(Street)

CHANDLER

85286

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
RideNow Group, Inc. [ RDNW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, CFO

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2025

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	11/06/2025		A		112,000⁽¹⁾	A	$0	112,000	D
Class B Common Stock	11/06/2025		A		70,000⁽²⁾	A	$0	182,000	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Pursuant to the Reporting Person's appointment as CFO effective as of October 20, 2025 ("Commencement Date"), he was granted a one-time award of 112,000 time-based restricted stock units (the "RSUs)" that will vest in three substantially equal installments on the anniversary of the Commencement Date in 2026, 2027 and 2028, subject to his continued service with the Company through each such vesting date and any other terms of the employment agreement he entered into with the Company effective as of October 20, 2025 (the "CFO Employment Agreement"). Each RSU represents a right to receive a share of the Company's Class B Common Stock.

2. Pursuant to the CFO Employment Agreement and the Company's 2017 Stock Incentive Plan, as amended (the "Plan"), the Reporting Person will receive a one-time grant of 70,000 performance units (the "PSUs") under the Plan. A PSU represents a right to receive a share of the Company's Class B Common Stock. The PSUs will vest based on the achievement of minimum closing stock prices for 20 consecutive trading days ("Target"), with 23,000, 23,000, and 24,000 PSUs vesting at each Target of $11, $17, and $23, respectively, subject to his continued service with the Company through each such vesting date and any other terms of the CFO Employment Agreement.

Remarks:

	/s/ Melissa Bengtson, Attorney-in-Fact for Joshua Barsetti	11/07/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What equity awards did RDNW’s CFO receive?

112,000 RSUs and 70,000 PSUs, each representing a share of Class B common stock.

How do the RSUs vest for RDNW’s CFO?

In three substantially equal installments on the anniversaries of October 20, 2025 in 2026, 2027, and 2028, subject to continued service.

What triggers vesting of the PSUs at RDNW?

Stock price Targets for 20 consecutive trading days: $11, $17, and $23, with 23,000, 23,000, and 24,000 PSUs vesting respectively.

What was the transaction date reported on the Form 4 for RDNW?

November 6, 2025.

What is the beneficial ownership after these transactions for RDNW’s CFO?

182,000 shares following the reported transactions.

What is the exercise or purchase price for the reported awards?

The RSUs and PSUs were reported as acquired at $0.

What security class do these awards relate to at RDNW?

Each RSU and PSU represents a right to receive one share of Class B Common Stock.