STOCK TITAN

Director Rachel Richards granted 12,903 RDNW Class B shares as annual award

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

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.

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Insider Richards Rachel M.
Role null
Type Security Shares Price Value
Grant/Award Class B Common Stock 12,903 $0.00 --
Holdings After Transaction: Class B Common Stock — 84,001 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Equity grant size 12,903 shares Annual award of Class B Common Stock RSUs
Grant price $0.00 per share Equity compensation, not open-market purchase
Post-transaction holdings 84,001 shares Class B Common Stock held directly after grant
Latest vesting date June 4, 2027 RSUs vest by this date or earlier meeting-based date
restricted stock units financial
"Represents an annual award of restricted stock units, which will vest and become exercisable"
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"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
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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*
Richards Rachel M.

(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$084,001D
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 Rachel Richards06/08/2026
** 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) director Rachel M. Richards report on this Form 4?

Rachel M. Richards reported an acquisition of 12,903 shares of Class B Common Stock through an equity grant. The award is structured as restricted stock units that convert into shares upon vesting, increasing her direct holdings to 84,001 shares after the transaction.

Is the RDNW Form 4 for Rachel M. Richards a stock purchase or a grant?

The Form 4 reflects a grant, not an open-market purchase. Richards received 12,903 shares of Class B Common Stock at $0.00 per share as an annual restricted stock unit award, representing compensation rather than a discretionary buy in the market.

How do the restricted stock units in Rachel M. Richards’ RDNW filing vest?

The restricted stock units vest on the earlier of two dates defined in the award. Vesting occurs either the day immediately before the first annual meeting following the grant date or on June 4, 2027, at which point each unit delivers one Class B share.

How many RideNow Group (RDNW) shares does Rachel M. Richards hold after this Form 4?

After the reported grant, Rachel M. Richards directly holds 84,001 shares of Class B Common Stock. This total includes the 12,903-share annual restricted stock unit award that was reported as acquired at a price of $0.00 per share on the transaction date.

What type of security is reported in the RDNW Form 4 for Rachel M. Richards?

The filing reports Class B Common Stock tied to restricted stock units. Each restricted stock unit represents a contingent right to receive one share of RideNow Group’s Class B common stock once the vesting conditions described in the award agreement are satisfied.