Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-05

RideNow Group (RDNW)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$3,315,036
Michael Quartieri total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
99.74%
Say-on-pay support, latest vote
Companies that benchmark against RDNW
No companies currently name RDNW as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Michael Quartieri$494,711$22,977$2,117,000$0$675,431$0$4,917$3,315,036
Chief Executive Officer and President
Cameron Tkach417,78984,250367,8000471,321025,0001,366,160
Executive Vice President and Chief Operating Officer
Melissa Bengtson276,923112,626309,2010286,46400985,214
Executive Vice President, Chief Legal Officer, and Secretary
Michael Kennedy32,30800000567,888600,196
Former Chief Executive Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Michael Quartieri$3,315,036
Cameron Tkach1,366,160
Melissa Bengtson985,214
Michael Kennedy600,196

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Melissa BengtsonRSU2025-06-04160,000
Melissa BengtsonPSU2025-06-04100,000
Michael QuartieriRSU2025-01-13400,000
Michael QuartieriPSU2025-06-04450,000
Cameron TkachRSU2025-06-04190,000
Cameron TkachRSU2023-02-022,273
Cameron TkachRSU2024-03-199,470
Cameron TkachPSU2025-06-04120,000
Cameron TkachPSU2024-03-1914,205
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
TkachRSU190,000$1,048,800
Michael QuartieriPSU450,0002,529,000
Michael QuartieriRSU400,0002,208,000
Melissa BengtsonRSU160,000883,200
TkachPSU120,000662,400
Melissa BengtsonPSU100,000552,000
TkachPSU14,20578,412
TkachRSU9,47052,274
TkachRSU2,27312,547
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantFrederic W. Cook & Co., Inc.
Clawback policytrue
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0428,142,71374,6146,80799.74%Passed
20252025-06-0425,850,1371,258,85555,54495.36%Passed
20242024-06-0426,227,0051,031,96071,24996.21%Passed
20232023-07-1410,286,8871,180,00325,73889.71%Passed
20222022-06-146,612,5142,766,0681,183,89970.51%Passed
20212021-11-1810,262,383115,5914,20698.89%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-0499.74%a
20252025-06-0495.36%b
20242024-06-0496.21%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Rebecca PolakIndependent · Lead Independent Director · Nominating and Corporate Governance · Special Committee · Audit · Compensation (Chair) · N&CG (Chair)$150,789$100,000$0$0$0$250,789
Rachel RichardsIndependent · Nominating and Corporate Governance · Special Committee · Compensation · N&CG79,565115,179000194,744
Mark CohenNot independent · Nominating and Corporate Governance81,739100,000000181,739
John RickelIndependent · Special Committee · Audit (Chair)68,875100,000000168,875
William CoulterNot independent65,000100,000000165,000
Mark TkachNot independent65,000100,000000165,000
Steven PullyIndependent · Departed during FY39,236000039,236
Dominick San AngeloIndependent · Nominating and Corporate Governance · Audit · N&CG31,481000031,481
Miran MaricIndependent · Compensation28,546000028,546
Michael QuartieriEmployee director · Board Chair · Nominating and Corporate Governance0
09

Board fee structure and ownership guideline

Annual cash retainer$65,000
Annual equity retainer$100,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$610,231
Equity awards (grant-date value)$615,179
All other compensation$0
Total cost of the board$1,225,410

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1RideNow Group2025Michael Quartieri$494,711$2,117,000$0$675,431$3,315,036

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Michael QuartieriDEF 14A2026-04-240001213900-26-047539Section “Executive Compensation”. As printed: 3,315,036. Filing ↗machine: r1 · c20 · span 262758–262767
2Section 01, Cameron TkachDEF 14A2026-04-240001213900-26-047539Section “Executive Compensation”. As printed: 1,366,160. Filing ↗machine: r5 · c20 · span 319140–319149
3Section 01, Melissa BengtsonDEF 14A2026-04-240001213900-26-047539Section “Executive Compensation”. As printed: 985,214. Filing ↗machine: span 345913–345920
4Section 01, Michael KennedyDEF 14A2026-04-240001213900-26-047539Section “Executive Compensation”. As printed: 600,196. Filing ↗machine: r3 · c20 · span 289652–289659
5Section 03, Melissa Bengtson RSUDEF 14A2026-04-240001213900-26-047539Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 423948–423955
6Section 03, Melissa Bengtson PSUDEF 14A2026-04-240001213900-26-047539Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
7Section 03, Michael Quartieri RSUDEF 14A2026-04-240001213900-26-047539Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
8Section 03, Michael Quartieri PSUDEF 14A2026-04-240001213900-26-047539Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 420904–420911
9Section 03, Cameron Tkach RSUDEF 14A2026-04-240001213900-26-047539Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 422775–422782
10Section 03, Cameron Tkach RSUDEF 14A2026-04-240001213900-26-047539Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 422071–422076
11Section 03, Cameron Tkach RSUDEF 14A2026-04-240001213900-26-047539Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 422266–422271
12Section 03, Cameron Tkach PSUDEF 14A2026-04-240001213900-26-047539Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
13Section 03, Cameron Tkach PSUDEF 14A2026-04-240001213900-26-047539Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 422413–422419
14Section 08, Rebecca PolakDEF 14A2026-04-240001213900-26-047539Section “Director Compensation”. As printed: 250,789. Filing ↗
15Section 08, Rachel RichardsDEF 14A2026-04-240001213900-26-047539Section “Director Compensation”. As printed: 194,744. Filing ↗
16Section 08, Mark CohenDEF 14A2026-04-240001213900-26-047539Section “Director Compensation”. As printed: 181,739. Filing ↗
17Section 08, John RickelDEF 14A2026-04-240001213900-26-047539Section “Director Compensation”. As printed: 168,875. Filing ↗
18Section 08, William CoulterDEF 14A2026-04-240001213900-26-047539Section “Director Compensation”. As printed: 165,000. Filing ↗
19Section 08, Mark TkachDEF 14A2026-04-240001213900-26-047539Section “Director Compensation”. As printed: 165,000. Filing ↗
20Section 08, Steven PullyDEF 14A2026-04-240001213900-26-047539Section “Director Compensation”. As printed: 39,236. Filing ↗
21Section 08, Dominick San AngeloDEF 14A2026-04-240001213900-26-047539Section “Director Compensation”. As printed: 31,481. Filing ↗
22Section 08, Miran MaricDEF 14A2026-04-240001213900-26-047539Section “Director Compensation”. As printed: 28,546. Filing ↗
23Section 08, Michael QuartieriDEF 14A2026-04-240001213900-26-047539Section “Director Compensation”. As printed: 0. Filing ↗
24Section 06, 2026 voteForm 8-K2026-06-050001628280-26-041197Item 5.07 · say-on-pay result. As reported: 99.74% (votes for as printed: 28,142,713). Filing ↗
25Section 06, 2025 voteForm 8-K2025-06-060001596961-25-000045Item 5.07 · say-on-pay result. As reported: 95.36% (votes for as printed: 25,850,137). Filing ↗
26Section 06, 2024 voteForm 8-K2024-06-050001596961-24-000063Item 5.07 · say-on-pay result. As reported: 96.21% (votes for as printed: 26,227,005). Filing ↗
27Section 09b board cost (computed)ComputedcomputedCash 610,231 + equity 615,179 + all other 0 = 1,225,410, summed across the director compensation table rows.machine: formula: Σ = 1,225,410
28RideNow Group (subject), Section 10b CEO totalDEF 14A2026-04-240001213900-26-047539CEO total compensation as printed in RideNow Group's own proxy. As printed: 3,315,036. Filing ↗machine: r1 · c20 · span 262758–262767