Michael Quartieri - 12 Mar 2025 Form 4 Insider Report for RumbleOn, Inc. (RMBL)

Source evidence 5 source fields
Form type
4
Accepted by SEC
12 Mar 2025, 17:50:04 UTC
Previous filing
16 Dec 2024
Next filing
15 Jan 2026
SEC filing
View on sec.gov
Reporting owner 1 detail
Reporting owner signature
/s/Brandy L. Treadway, attorney-in-fact for Michael Quartieri

Key filing fact

Michael Quartieri filed Form 4 for RumbleOn, Inc. (RMBL) on 12 Mar 2025.

Key facts

  • This page summarizes Michael Quartieri's Form 4 filing for RumbleOn, Inc. (RMBL).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 12 Mar 2025, 17:50.

Change

  • Previous filing in this sequence was filed on 16 Dec 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RMBL transaction

Class B Common Stock

Award

Transaction value
Shares
+400,000
Change %
+1245%
Price
Shares after
432,134
Date
12 Mar 2025
Ownership
Direct
Footnotes
F1
RMBL transaction

Class B Common Stock

Award

Transaction value
Shares
+450,000
Change %
+104%
Price
Shares after
882,134
Date
12 Mar 2025
Ownership
Direct
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Pursuant to the Reporting Person's appointment as CEO effective as of January 13, 2025 ("Commencement Date"), he was granted a one-time award of 400,000 time-based restricted stock units (the "RSUs)" that will vest in three substantially equal installments on the anniversary of the Commencement Date in 2026, 2027 and 2028, subject to his continued service with the Company through each such vesting date and any other terms of the employment agreement he entered into with the Company on January 28, 2025 (the "CEO Employment Agreement"). Each RSU represents a right to receive a share of the Company's Class B Common Stock.

Footnote F2

Pursuant to the CEO Employment Agreement and subject to and conditioned on the shareholder approval increasing the share reserve under the Company's 2017 Stock Incentive Plan, as amended (the "Plan"), the Reporting Person will receive a one-time grant of 450,000 performance units (the "PSUs") under the Plan. A PSU represents a right to receive a share of the Company's Class B Common Stock. The PSUs will vest based on the achievement of minimum closing stock prices for 20 consecutive trading days ("Target"), with 150,000 PSUs vesting at each Target of $11, $17, and $23, subject to his continued service with the Company through each such vesting date and any other terms of the CEO Employment Agreement.

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