Form 4: OneWater Marine CEO Philip Austin Singleton Jr. Acquires 15,000 Shares

OneWater Marine's CEO, Philip Austin Singleton Jr., purchased 15,000 shares of Class A common stock at an average price of $22.31 on August 1, 2024.

Summary

• On August 1, 2024, Philip Austin Singleton Jr., CEO of OneWater Marine Inc., acquired 15,000 shares of Class A common stock.
• The purchase price was $22.31 per share.
• The shares were bought in multiple transactions with prices ranging from $22.18 to $22.40.
• Following the transaction, Singleton directly owns 117,101 shares and indirectly owns 605,183 shares through Auburn OWMH, LLLP, 594,922 shares through the Austin Singleton Irrevocable Trust, and 345,678 shares through the Philip Singleton Irrevocable Trust.
• The filing also includes information about the beneficial ownership of Class A common stock by Auburn OWMH, LLLP, Singleton Asset Management, LLC, Michelle Singleton, the Philip Singleton Irrevocable Trust, and the Austin Singleton Irrevocable Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is generally a good sign, but without additional context, it's difficult to gauge the overall impact.

Positives

• The CEO's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Insider trading activity is closely monitored as it can provide insights into a company's performance and future prospects. Purchases by executives are often seen as a positive sign.

Stakeholder Impact

• The CEO's stock purchase could positively influence shareholder sentiment.

Key Dates