Form 4: OneWater Marine CEO Philip Austin Singleton Jr. Acquires 15,000 Shares
SEC Form 4 Filing
OneWater Marine's CEO, Philip Austin Singleton Jr., recently purchased 15,000 shares of Class A common stock at an average price of $15.4 per share.
Summary
- On March 4, 2025, Philip Austin Singleton Jr., CEO of OneWater Marine Inc., acquired 15,000 shares of Class A common stock.
- The purchase price was $15.4 per share.
- The shares were acquired through a transaction reported on a Form 4 filing with the SEC.
- Following the transaction, Singleton directly owns 108,132 shares and indirectly owns 682,368 shares through Auburn OWMH, LLLP, 602,033 shares through Austin Singleton Irrevocable Trust, Dated December 30, 2015 and 345,678 shares through Philip Singleton Irrevocable Trust, Dated December 24, 2015.
- The reporting person has undertaken to provide full information regarding the number of shares purchased at each separate price within the range of $14.84 to $15.81 upon request.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive due to the CEO's purchase of shares, indicating confidence in the company. However, it's a single transaction and doesn't provide a comprehensive view of the company's overall health.
Positives
- The CEO's purchase of shares could be interpreted as a positive signal, indicating confidence in the company's future performance.
Industry Context
Insider buying is often seen as a positive sign for a company, as it suggests that those with the most knowledge of the company's prospects are optimistic about its future.
Stakeholder Impact
- The CEO's stock purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 2015-12-24 | Date of Philip Singleton Irrevocable Trust |
| 2015-12-30 | Date of Austin Singleton Irrevocable Trust |
| 2025-03-04 | Date of transaction: Purchase of 15,000 shares of Class A common stock |
| 2025-03-06 | Date of filing of Form 4 |
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