CWH · Camping World Holdings, Inc. · Insider Trading

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

Represents an award of restricted stock units ("RSUs") relating to 20,325 shares of Class A Common Stock of the Issuer ("Class A Shares") granted to Brian P. Cassidy and under the Issuer's 2016 Incentive Award Plan (the "Plan"). Mr. Cassidy has assigned all rights, title and interest in the RSUs reported herein to Crestview Advisors, L.L.C.

The RSUs are scheduled to vest on May 21, 2027, subject to the terms of the Plan and the applicable award agreement issued thereunder.

Following the last transaction reported on this Form 4, reflects (i) 1,873,626 Class A Shares directly owned by CVRV Acquisition II LLC and (ii) 57,270 Class A Shares (a) underlying awards of restricted stock units ("RSUs") reported herein or previously granted to Brian P. Cassidy under the Issuer's 2016 Incentive Award Plan (the "Plan") (Mr. Cassidy has assigned all rights, title and interest in the Class A Shares underlying such RSUs to Crestview Advisors, L.L.C.) or (b) held by Crestview Advisors, L.L.C that were delivered upon the vesting of RSUs previously granted under the Plan.

Crestview Partners II GP, L.P. may be deemed to have beneficial ownership of the Class A Shares directly held by CVRV Acquisition II LLC and the Class B Shares and Common LLC Units directly held by CVRV Acquisition LLC. Crestview Partners II GP, L.P. exercises voting and dispositive power over the foregoing Class A Shares, Class B Shares and Units held by CVRV Acquisition II LLC and CVRV Acquisition LLC, which decisions are made by the investment committee of Crestview Partners II GP, L.P. and the chairman of the investment committee.

Mr. Cassidy is a member of the Issuer's board of directors, and is a Partner of each of Crestview, L.L.C. (which is the general partner of Crestview Partners II GP, L.P.) and Crestview Advisors, L.L.C. (which provides investment advisory and management services to certain of the Crestview entities).

Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.

This Form 4 is solely being amended to add the EDGAR filing codes for CVRV Acquisition LLC and CVRV Acquisition II LLC which were not available at the time of this required filing. No other changes have been made.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

Represents performance stock units ("PSUs"). Each PSU represents a contingent right to receive one share of Class A Common Stock. The PSUs are eligible to vest based upon the achievement of an annual performance goal over the period commencing January 1, 2026 and ending December 31, 2026. Vesting will occur on the date performance for the performance period is certified, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date. The number of PSUs reported represents the minimum number of PSUs that will be eligible to vest under the award.

Represents performance stock units ("PSUs"). Each PSU represents a contingent right to receive one share of Class A Common Stock. The PSUs are eligible to vest based upon the achievement of an annual performance goal over the period commencing January 1, 2026 and ending December 31, 2026. Vesting will occur on the date performance for the performance period is certified, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date. The number of PSUs reported represents the minimum number of PSUs that will be eligible to vest under the award.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in three equal annual installments, commencing on November 15, 2026 and on each of the two anniversaries of such date thereafter, subject to the Reporting Person's continued employment with the Issuer through each such vesting date.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

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.

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.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

Represents an award of restricted stock units ("RSUs") relating to 9,650 shares of Class A Common Stock of the Issuer ("Class A Shares") granted to Brian P. Cassidy and under the Issuer's 2016 Incentive Award Plan (the "Plan"). Mr. Cassidy has assigned all rights, title and interest in the RSUs reported herein to Crestview Advisors, L.L.C.

The RSUs are scheduled to vest on May 15, 2026, subject to the terms of the Plan and the applicable award agreement issued thereunder.

Following the last transaction reported on this Form 4, reflects (i) 1,873,626 Class A Shares directly owned by CVRV Acquisition II LLC and (ii) 57,270 Class A Shares (a) underlying awards of restricted stock units ("RSUs") reported herein or previously granted to Brian P. Cassidy under the Issuer's 2016 Incentive Award Plan (the "Plan") (Mr. Cassidy has assigned all rights, title and interest in the Class A Shares underlying such RSUs to Crestview Advisors, L.L.C.) or (b) held by Crestview Advisors, L.L.C that were delivered upon the vesting of RSUs previously granted under the Plan.

Crestview Partners II GP, L.P. may be deemed to have beneficial ownership of the Class A Shares directly held by CVRV Acquisition II LLC and the Class B Shares and Common LLC Units directly held by CVRV Acquisition LLC. Crestview Partners II GP, L.P. exercises voting and dispositive power over the foregoing Class A Shares, Class B Shares and Units held by CVRV Acquisition II LLC and CVRV Acquisition LLC, which decisions are made by the investment committee of Crestview Partners II GP, L.P. and the chairman of the investment committee.

Mr. Cassidy is a member of the Issuer's board of directors, and is a Partner of each of Crestview, L.L.C. (which is the general partner of Crestview Partners II GP, L.P.) and Crestview Advisors, L.L.C. (which provides investment advisory and management services to certain of the Crestview entities).

Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in full on the first anniversary of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.

The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $17.59 to $17.61, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the ranges set forth in this footnote.

Represents performance stock units ("PSUs"). Each PSU represents a contingent right to receive one share of Class A Common Stock. The PSUs vest in four equal installments upon the achievement of specified prices per share of the Issuer's Class A Common Stock, between January 1, 2025 and December 31, 2027, subject to the Reporting Person's continued service with the Issuer.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in three equal annual installments, commencing on November 15, 2025 and on each of the two anniversaries of such date thereafter, subject to the Reporting Person's continued service with the Issuer through each such vesting date.

Shares reported herein as beneficially owned by Abrams Capital, LLC ("Abrams Capital") represent shares held for the account of Abrams Capital Partners II, L.P. ("ACP II") and other private investment funds for which Abrams Capital serves as general partner. Shares reported herein for Abrams Capital Management, L.P. (the "LP") and Abrams Capital Management, LLC (the "LLC") represent the above-referenced shares beneficially owned by ACP II and shares beneficially owned by other private investment funds for which the LP serves as investment manager. The LLC is the general partner of the LP. Shares reported herein for Mr. Abrams represent the above referenced shares reported for Abrams Capital and the LLC. Mr. Abrams is the managing member of Abrams Capital and the LLC.

Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest in such shares, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.

Of the shares sold on September 27, 2024, 1,659,953 shares were held for the account of ACP II, 1,957,362 shares may be deemed to have been beneficially owned by Abrams Capital and all of such shares may be deemed to have been beneficially owned by Mr. Abrams, the LP and the LLC.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $22.64 to $23.035, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the ranges set forth in this footnote.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $21.84 to $22.155, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the ranges set forth in this footnote.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $21.74 to $21.915, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the ranges set forth in this footnote.

The securities reported herein are held of record by ML Acquisition Company, LLC. CWGS Holding, LLC is a wholly owned subsidiary of ML Acquisition Company, LLC. Marcus Lemonis, as the sole director of ML Acquisition Company, LLC, may be deemed to be the beneficial owner of these securities.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in five equal annual installments, commencing on August 15, 2025 and on each of the four anniversaries of such date thereafter, subject to the Reporting Person's continued employment with the Issuer through each such vesting date.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in five equal annual installments, commencing on August 15, 2025 and on each of the four anniversaries of such date thereafter, subject to the Reporting Person's continued employment with the Issuer through each such vesting date.

Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in five equal annual installments, commencing on August 15, 2025 and on each of the four anniversaries of such date thereafter, subject to the Reporting Person's continued employment with the Issuer through each such vesting date.