Melissa Bengtson - 04 Jun 2025 Form 4 Insider Report for RumbleOn, Inc. (RMBL)

Signature
/s/ Melissa Bengtson
Issuer symbol
RMBL
Transactions as of
04 Jun 2025
Net transactions value
$0
Form type
4
Filing time
06 Jun 2025, 18:10:15 UTC
Previous filing
06 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bengtson Melissa EVP, CLO & Secretary 901 W. WALNUT HILL LANE, SUITE 110A, IRVING /s/ Melissa Bengtson 06 Jun 2025 0002067078

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBL Class B Common Stock Award $0 +160,000 $0.000000 160,000 04 Jun 2025 Direct F1
transaction RMBL Class B Common Stock Award $0 +100,000 +62% $0.000000 260,000 04 Jun 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Reporting Person's appointment as CLO effective as of April 14, 2025 ("Commencement Date"), she was granted a one-time award of 160,000 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 her continued service with the Company through each such vesting date and any other terms of the employment agreement she entered into with the Company effective as of April 14, 2025 (the "CLO Employment Agreement"). Each RSU represents a right to receive a share of the Company's Class B Common Stock.
F2 Pursuant to the CLO Employment Agreement and the Company's 2017 Stock Incentive Plan, as amended (the "Plan"), the Reporting Person will receive a one-time grant of 100,000 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 33,000, 33,000, and 34,000 PSUs vesting at each Target of $11, $17, and $23, respectively, subject to her continued service with the Company through each such vesting date and any other terms of the CLO Employment Agreement.