Form 4: Crestview Partners Reports Changes in Beneficial Ownership of Camping World Holdings

Crestview Partners and related entities report changes in their beneficial ownership of Camping World Holdings, including the grant of restricted stock units to Brian Cassidy and subsequent assignment to Crestview Advisors, L.L.C.

Summary

• Crestview Partners II GP, L.P., along with related entities CVRV Acquisition LLC, CVRV Acquisition II LLC, Crestview Advisors, L.L.C., and Brian Cassidy, filed a Form 4 regarding changes in beneficial ownership of Camping World Holdings, Inc. (CWH).
• Brian P. Cassidy was granted 6,913 restricted stock units (RSUs) relating to Class A Common Stock on May 14, 2024, which are scheduled to vest on May 14, 2025.
• Cassidy assigned all rights, title, and interest in these RSUs to Crestview Advisors, L.L.C.
• CVRV Acquisition II LLC directly owns 1,873,626 Class A Shares.
• Crestview Advisors, L.L.C. holds 47,620 Class A Shares underlying RSUs granted to Brian P. Cassidy or delivered upon vesting of previously granted RSUs.
• CVRV Acquisition LLC directly beneficially owns Class B Common Stock.
• Crestview Partners II GP, L.P. may be deemed to have beneficial ownership of the Class A Shares held by CVRV Acquisition II LLC and the Class B Shares held by CVRV Acquisition LLC.
• Crestview Partners II GP, L.P. exercises voting and dispositive power over these shares through its investment committee.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• Grant of restricted stock units to a director may align interests with shareholders.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the ownership positions of insiders and major shareholders.

Stakeholder Impact

• Shareholders are informed about changes in ownership by major stakeholders.

Key Dates