RumbleOn finalizes employment terms with Executive Chairman Steven Pully; base salary $525K

RideNow Group, Inc.

Appointed Steven Pully as Executive Chairman effective July 14, 2023; agreement dated July 20, 2023.
Base salary of $525,000 annualized; signing bonus of $43,750.
RSU award with $375,000 grant date fair value, vesting 50% on Oct 14 and 50% on Dec 15, 2023.
Employment term through December 15, 2023; severance includes base salary continuation if terminated without cause or for good reason.
Pully to devote approximately 75% of business time to the role.

item 5.02 item 9.01

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Role change

Steven Pully

Executive Chairman

RDNW · RideNow Group, Inc.

Effective: 2023-07-14
Filed: July 26, 2023, 7:59 PM ET

on July 14, 2023, the Board of Directors (the “Board”) of the Company appointed Steven Pully, Chairman of the Board, to serve as Executive Chairman of the Board.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

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

Action: appointed
Role: Executive Chairman

Exact text from the filing

on July 14, 2023, the Board of Directors (the “Board”) of the Company appointed Steven Pully, Chairman of the Board, to serve as Executive Chairman of the Board.

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RideNow Group, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-060081

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