secwatch / observer
8-K filed July 20, 2023, 7:59 PM ET ticker RDNW CIK 0001596961
leadership confidence high sentiment neutral materiality 0.65

RumbleOn appoints Chairman Pully as Executive Chairman; GC Francis resigns with $450K severance

RideNow Group, Inc.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Steven Pully

Executive Chairman
RDNW · RideNow Group, Inc.
Effective
2023-07-14
Filed
July 20, 2023, 7:59 PM ET
appointed Steven Pully, Chairman of the Board, to serve as Executive Chairman of the Board.
Departed

Michael Francis

General Counsel and Chief Legal Officer
RDNW · RideNow Group, Inc.
Effective
2023-07-14
Filed
July 20, 2023, 7:59 PM ET
Michael Francis resigned as General Counsel and Chief Legal Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven Pully was appointed as Executive Chairman at RideNow Group, Inc..

Action
appointed
Role
Executive Chairman
Exact text from the filing
appointed Steven Pully, Chairman of the Board, to serve as Executive Chairman of the Board.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Francis resigned as General Counsel and Chief Legal Officer at RideNow Group, Inc..

Action
resigned
Role
General Counsel and Chief Legal Officer
Exact text from the filing
Michael Francis resigned as General Counsel and Chief Legal Officer of the Company.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

RideNow Group, Inc. shareholders approved Election of two Class II directors, serving for a term ending at the 2026 Annual Meeting of Stockholders, or until their successors are duly elected and qualified. at the 2023-07-14 meeting.

Proposal
director election
Outcome
passed
Meeting
2023-07-14
Exact text from the filing
Proposal 1 – Election of two Class II directors, serving for a term ending at the 2026 Annual Meeting of Stockholders, or until their successors are duly elected and qualified. Class A Common Stock Nominee Votes For Withheld William Coulter 62,500 0 Melvin Flanigan 62,500 0 Class B Common Stock Nominee Votes For Withheld William Coulter 10,791,534 638,595 Melvin Flanigan 11,158,100 272,029 There were no broker non-votes on this proposal.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

RideNow Group, Inc. shareholders approved Advisory approval of the frequency of future Company Say on Pay votes. at the 2023-07-14 meeting.

Proposal
say on pay frequency
Outcome
passed
Meeting
2023-07-14
Exact text from the filing
Proposal 3 – Advisory approval of the frequency of future Company Say on Pay votes. Class A Common Stock One Year Two Years Three Years Abstain 62,500 0 0 0 Class B Common Stock One Year Two Years Three Years Abstain 11,248,426 3,977 26,261 151,463 There were no broker non-votes on this proposal. Based on the results set forth above, until the next required vote on the frequency of Company Say on Pay votes, the Company has decided to include an advisory vote on the compensation of executives in its proxy materials on an annual basis.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

RideNow Group, Inc. shareholders approved Advisory approval of the Company's executive compensation ("Say on Pay"). at the 2023-07-14 meeting.

Proposal
say on pay
Outcome
passed
Meeting
2023-07-14
Exact text from the filing
Proposal 2 – Advisory approval of the Company's executive compensation ("Say on Pay"). Class A Common Stock Votes For Votes Against Abstain 62,500 0 0 Class B Common Stock Votes For Votes Against Abstain 10,224,387 1,180,003 25,738 There were no broker non-votes on this proposal.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

RideNow Group, Inc. shareholders approved Approval of an increase in the number of shares available for issuance under the Company's 2017 Stock Incentive Plan. at the 2023-07-14 meeting.

Proposal
equity plan
Outcome
passed
Meeting
2023-07-14
Exact text from the filing
Proposal 4 – Approval of an increase in the number of shares available for issuance under the Company's 2017 Stock Incentive Plan. Class A Common Stock Votes For Votes Against Abstain 62,500 0 0 Class B Common Stock Votes For Votes Against Abstain 9,026,771 2,369,775 33,582 There were no broker non-votes on this proposal.
View on SEC.gov

160 shareholder votes filed in the last 30 days. Browse all shareholder votes →

RideNow Group, Inc. filing history →

Source: SEC EDGAR
accession 0001213900-23-058501
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