Tkach Mark 4
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RideNow Group (RDNW) 10% Owner Mark Tkach Receives Award
What Happened Mark Tkach, a reported 10% owner of RideNow Group, Inc. (RDNW), received an award of 12,903 restricted stock units (RSUs) on June 4, 2026. The Form 4 lists the acquisition price as $0.00 (a grant/award), so there was no cash outlay at grant; the reported value at grant is therefore $0. Each RSU represents a contingent right to one share of the issuer’s Class B common stock.
Key Details
- Transaction type: Award/Grant (Form 4 code A) — 12,903 RSUs granted on 2026-06-04 at $0.00.
- Filing date: Form 4 filed 2026-06-08 (for the June 4 grant).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: 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; each RSU converts to one Class B common share upon vesting.
- No indication in the provided data of tax withholding, 10b5-1 plan, or cashless sale; this was a compensatory grant.
Context This was a compensation award (RSUs), not an open-market purchase or sale. RSU grants are commonly used for long-term incentive compensation and do not necessarily signal an immediate change in insider sentiment. As a 10% owner, Tkach is a significant insider and these awards are reported under Section 16 rules; check the full Form 4 if you need exact post-grant holdings or additional filing details.