{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-058501","form_type":"8-K","ticker":"RDNW","cik":"0001596961","company_name":"RideNow Group, Inc.","filed_at":"2023-07-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.484542+00:00","generated_at":"2026-06-13T05:36:09.871296+00:00","sec_items":["1.01","5.02","5.07","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"RumbleOn appoints Chairman Pully as Executive Chairman; GC Francis resigns with $450K severance","bullets":["Appointed Steven Pully as Executive Chairman through Dec 15, 2023; receives $525K annual salary and $375K RSU grant.","General Counsel Michael Francis resigned July 14; severance includes $450K cash and vesting of 53,339 RSUs.","Francis to serve as Special Advisor for up to one year starting Aug 1, 2023; remaining 9,413 RSUs vest at end.","Mark Tkach moved from unclassified to Class III director; board committee changes.","Annual meeting approved 'say-on-pay' annually and increase in shares under 2017 Stock Incentive Plan."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-058501","json":"https://secwatch.observer/filing/0001213900-23-058501.json","markdown":"https://secwatch.observer/filing/0001213900-23-058501.md","text":"https://secwatch.observer/filing/0001213900-23-058501.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1596961/000121390023058501/0001213900-23-058501-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1596961/000121390023058501/ea182091-8k_rumbleon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T05:36:09.871296+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9835ba576f","claim":"Steven Pully was appointed as Executive Chairman at RideNow Group, Inc..","evidence_excerpt":"appointed Steven Pully, Chairman of the Board, to serve as Executive Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596961/000121390023058501/0001213900-23-058501-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"d9f3f0ea8d","claim":"Michael Francis resigned as General Counsel and Chief Legal Officer at RideNow Group, Inc..","evidence_excerpt":"Michael Francis resigned as General Counsel and Chief Legal Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596961/000121390023058501/0001213900-23-058501-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"General Counsel and Chief Legal Officer"}],"fact_type":"executive_change"},{"claim_id":"12997a391c219c46036214514b5218cd4da2cb5c","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596961/000121390023058501/0001213900-23-058501-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-07-14"}],"fact_type":"shareholder_vote"},{"claim_id":"314bf905cd87be4489984d30633f3eb913649ff3","claim":"RideNow Group, Inc. shareholders approved Advisory approval of the frequency of future Company Say on Pay votes. at the 2023-07-14 meeting.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596961/000121390023058501/0001213900-23-058501-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-07-14"}],"fact_type":"shareholder_vote"},{"claim_id":"6f8019cce954100a2d48674bc917185e49a8d65a","claim":"RideNow Group, Inc. shareholders approved Advisory approval of the Company's executive compensation (\"Say on Pay\"). at the 2023-07-14 meeting.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596961/000121390023058501/0001213900-23-058501-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-07-14"}],"fact_type":"shareholder_vote"},{"claim_id":"fd1620f0cb9a2f0dafbe96189c623f6d8030392e","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596961/000121390023058501/0001213900-23-058501-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-07-14"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}