Form 4: MarineMax Director Adam Johnson Acquires Shares as Part of Retainer Fee

Sentiment:

SEC Form 4 Filing


MarineMax director Adam Johnson acquired 691 shares of common stock on December 31, 2024, as part of his quarterly retainer fee.

Summary

  • Adam Johnson, a director at MarineMax Inc., acquired 691 shares of common stock on December 31, 2024.
  • The shares were acquired at a price of $28.95 per share.
  • This transaction was part of the quarterly portion of the director's annual retainer fee.
  • Following the transaction, Mr. Johnson directly owns 21,243 shares of MarineMax stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns director interests with shareholders.

Positives

  • The acquisition of shares by a director demonstrates confidence in the company's future.

Industry Context

This is a routine transaction related to director compensation and is not indicative of any broader industry trends.

Comparison to Industry Standards

  • Director compensation in the form of stock grants is a common practice across publicly traded companies.
  • The amount of shares granted is consistent with typical director retainer agreements.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.

Key Dates

DateDescription
12/31/2024Date of the share acquisition by Adam Johnson.
01/02/2025Date of signature by Anthony E. Cassella, Jr., Attorney-in-Fact for Adam Johnson.

Keywords

MarineMax, Director, Share Acquisition, Retainer Fee, Form 4, Adam Johnson, HZO

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