Form 4: MarineMax General Counsel Reports RSU Vesting, Share Sale

MarineMax General Counsel Manuel A. Alvare III reported the vesting of 3,000 restricted stock units and a subsequent sale of 731 shares for tax obligations.

Summary

• Manuel A. Alvare III, General Counsel of MarineMax Inc. (HZO), reported transactions involving company common stock.
• 3,000 Restricted Stock Units (RSUs), granted on November 19, 2021, vested on November 19, 2025, converting into 3,000 shares of common stock at a price of $0.
• Following the vesting, 731 shares of common stock were disposed of on November 19, 2025, at a price of $22.38 per share to cover tax withholding obligations.
• After these transactions, Alvare directly beneficially owns 10,314 shares of common stock.
• An additional 25 shares are indirectly beneficially owned, held by a dependent, which were not previously reported.

Sentiment

Score: 6

Explanation: The filing reports a routine insider transaction involving the vesting of restricted stock units and a subsequent sale for tax purposes. This is a neutral event, slightly positive due to the RSU vesting as a form of compensation, but offset by the tax-related sale.

Positives

• Vesting of 3,000 Restricted Stock Units (RSUs) for General Counsel Manuel A. Alvare III, indicating the execution of a long-term incentive plan and continued alignment of management interests with shareholders.

Negatives

• Disposition of 731 shares of common stock at $22.38 to cover tax liabilities, which reduces the insider's direct holdings.

Key Dates

Keywords

MarineMax, HZO, Insider Transaction, Form 4, Restricted Stock Units, RSU Vesting, Share Sale, General Counsel, Manuel A. Alvare III