Coulter William 4

What Happened
William Coulter, a 10% owner of RideNow Group, Inc. (RDNW), was granted 12,903 restricted stock units (RSUs) on June 4, 2026. The RSUs were granted at $0.00 (no immediate cash paid or received) and represent contingent rights to receive one share of the issuer’s Class B common stock per unit upon vesting.

Key Details

• Transaction date: June 4, 2026; Form 4 filed June 8, 2026 (appears timely—filed within required period).
• Grant: 12,903 RSUs, grant price $0.00; immediate reported value $0.
• Vesting: RSUs vest and become exercisable on the earlier of (i) the day before the first annual meeting after the grant or (ii) June 4, 2027 (per footnote).
• Beneficial ownership noted in filing: 1,317,005 Class B shares held by The WRC 2021 Irrevocable Trust (Mr. Coulter as Trustee) and 67,410 Class B shares held by WJC Properties, L.L.C. (Mr. Coulter as Manager) — total 1,384,415 Class B shares; the 12,903 RSUs are a contingent right to receive additional shares upon vesting.
• Footnotes: F1 explains RSU vesting schedule and conversion to one share each; F2 details holdings held by trust and entity for which Coulter serves as trustee/manager.

Context
This was an equity award (compensation-style RSUs), not a market purchase or sale. Such awards indicate potential future dilution when/if they vest and convert to shares, but do not by themselves signal immediate buying or selling intent by the insider. As a 10% owner and fiduciary for related entities, Coulter’s reported holdings reflect substantial existing insider ownership.