Are you attempting to avoid drilling holes in the transom? If yes, I can understand why but will add fortunately, there's no wood in our transoms. I would still use plenty of a good marine sealer in the screw holes, such as 3M 4200, not silicone. Although silicone would probably work just fine, I've seen more cases than not, where it failed.
As far as the ride plate goes, I wonder if your sensor assembly comes with a bracket which would work well to obtain a reasonable position. This position also might expose the sensor to being easily bumped out of position although I would also consider the ride plate as well, to avoid drilling holes in my hull.
This mounting location (ride plate) is similar to the location chosen for many Pontoon mounts, usually pontoons have a mounting plate factory-welded to the toon for this purpose.
So to answer your question, yes, I believe I would prefer the ride plate but honestly no, I've never mounted one there but thought you deserves some kind of response.
And, I believe if you can work out a bracket to position the sensor according to your instructions recommendation, it should work quite well.