Form 4: MarineMax CEO W. Brett McGill Reports Stock Transactions
SEC Form 4 Filing
MarineMax CEO W. Brett McGill reports the vesting and disposal of restricted stock units and performance-based restricted stock units on September 30, 2024, resulting in adjustments to his beneficial ownership.
Summary
- On September 30, 2024, W. Brett McGill, CEO and President of MarineMax Inc., engaged in transactions involving the company's stock.
- These transactions involved the vesting of restricted stock units and performance-based restricted stock units.
- McGill disposed of 36,435 shares of common stock at a price of $35.27.
- Following these transactions, McGill's direct ownership includes 233,038 shares of common stock, 14,648 restricted stock units, and 37,367 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 09/30/2022 | First vesting date for some restricted stock units. |
| 09/30/2023 | First vesting date for some restricted stock units. |
| 11/19/2021 | Date performance criteria were established for performance-based restricted stock units. |
| 09/30/2024 | Date of stock transactions and vesting of restricted stock units. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.