MARCUS LEMONIS - 12 Dec 2025 Form 4 Insider Report for Camping World Holdings, Inc. (CWH)

Role: CHIEF EXECUTIVE OFFICER, Director, 10%+ Owner
Signature: /s/ Lindsey Christen, Attorney-in-Fact for Marcus Lemonis
Issuer symbol: CWH
Transactions as of: 12 Dec 2025
Net transactions value: -$2,429,430
Form type: 4
Filing time: 16 Dec 2025, 19:23:50 UTC
Previous filing: 18 Nov 2025
Next filing: 06 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
LEMONIS MARCUS	CHIEF EXECUTIVE OFFICER, Director, 10%+ Owner	C/O CAMPING WORLD HOLDINGS, INC., 2 MARRIOTT DRIVE, LINCOLNSHIRE	/s/ Lindsey Christen, Attorney-in-Fact for Marcus Lemonis	16 Dec 2025	0001136478

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CWH	Class A Common Stock	Award	$0	+217,391	+15%	$0.000000	1,643,959	12 Dec 2025	Direct	F1
transaction	CWH	Class A Common Stock	Tax liability	$2,429,430	-242,943	-15%	$10.00	1,401,016	15 Dec 2025	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of Camping's World Holding, Inc.'s (the "Issuer's") Class A Common Stock ("Class A Common Stock") under the second amended and restated employment agreement with the Reporting Person (the "Lemonis Employment Agreement"). Pursuant to the Lemonis Employment Agreement, the Reporting Person received an annual incentive bonus for the year ending December 31, 2025, in the amount of 150% of his annual base salary, or $2.25 million, payable in the form of fully vested shares. The reported share amount was calculated using the closing price of the Issuer's Class A Common Stock on December 12, 2025 of $10.35.
F2	Reflects 157,400 shares of Class A Common Stock withheld in connection with the vesting of 400,000 RSUs and 85,543 shares of Class A Common Stock withheld in connection with the share-settled bonus for the year ending December 31, 2025 as described in footnote 1.

Content

Represents a grant of Camping's World Holding, Inc.'s (the "Issuer's") Class A Common Stock ("Class A Common Stock") under the second amended and restated employment agreement with the Reporting Person (the "Lemonis Employment Agreement"). Pursuant to the Lemonis Employment Agreement, the Reporting Person received an annual incentive bonus for the year ending December 31, 2025, in the amount of 150% of his annual base salary, or $2.25 million, payable in the form of fully vested shares. The reported share amount was calculated using the closing price of the Issuer's Class A Common Stock on December 12, 2025 of $10.35.

Reflects 157,400 shares of Class A Common Stock withheld in connection with the vesting of 400,000 RSUs and 85,543 shares of Class A Common Stock withheld in connection with the share-settled bonus for the year ending December 31, 2025 as described in footnote 1.