RideNow (RDNW) Director Rachel M. Richards Receives Award

What Happened
Rachel M. Richards, a director of RideNow Group, Inc. (RDNW), was granted 12,903 restricted stock units (RSUs) on June 4, 2026. The RSUs were reported at $0.00 per unit (no cash purchase); total reported acquisition value = $0. These RSUs are a grant/award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (timely filing).
• Amount: 12,903 RSUs acquired at $0.00 per unit (reported value $0).
• Security: Each RSU represents a contingent right to one share of the Issuer’s Class B common stock.
• Vesting: RSUs vest on the earlier of (i) the day before the first annual meeting following the grant or (ii) June 4, 2027 (per filing footnote).
• Shares owned after transaction: not specified in the filing.
• Transaction code: A = Award/Grant of restricted stock units.

Context
RSU grants are a common form of executive/director compensation and do not indicate an immediate buy or sell decision. These units convert to shares only upon vesting and may be forfeitable until that time. This report documents the grant; any future sales or conversions would be reported separately.