RideNow director receives 12,903-share equity grant
RideNow Group, Inc. director Rachel M. Richards reported receiving an equity compensation grant of 12,903 shares of Class B Common Stock at a price of $0.00 per share.
Rhea-AI Filing Summary
RideNow Group, Inc. director Rachel M. Richards reported receiving an equity compensation grant of 12,903 shares of Class B Common Stock at a price of $0.00 per share. This represents an annual award of restricted stock units that convert into shares upon vesting.
The units will vest on the earlier of the day immediately preceding the first annual meeting following the grant date or June 4, 2027. After this grant, Richards directly holds 84,001 shares of Class B Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 12,903 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units financial
Class B Common Stock financial
annual award financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did RideNow Group (RDNW) director Rachel M. Richards report on this Form 4?
Is the RDNW Form 4 for Rachel M. Richards a stock purchase or a grant?
How do the restricted stock units in Rachel M. Richards’ RDNW filing vest?
What type of security is reported in the RDNW Form 4 for Rachel M. Richards?
AI-generated analysis. How Rhea-AI works. Not financial advice.