RideNow Group EVP reports tax share withholding
RideNow Group, Inc. executive Melissa Bengtson, EVP, CLO & Secretary, reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
RideNow Group, Inc. executive Melissa Bengtson, EVP, CLO & Secretary, reported a routine tax-related share disposition. On the vesting of restricted stock units, 15,797 shares of Class B Common Stock were withheld by the company at $6.53 per share to cover tax obligations. After this withholding, Bengtson directly holds 244,203 Class B shares, so she maintains a substantial equity position and did not execute an open-market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class B Common Stock | 15,797 | $6.53 | $103K |
Footnotes (1)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting of restricted stock units.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
Class B Common Stock financial
tax-withholding disposition financial
FAQ
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What did RideNow Group (RDNW) executive Melissa Bengtson report on this Form 4?
What type of security is involved in this RideNow Group (RDNW) insider transaction?
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