Form 4: OneWater Marine CEO Philip Austin Singleton Jr. Acquires Additional Shares
SEC Form 4 Filing
OneWater Marine's CEO, Philip Austin Singleton Jr., recently purchased 5,000 shares of Class A common stock at an average price of $21.82.
Summary
- On August 7, 2024, Philip Austin Singleton Jr., CEO of OneWater Marine Inc., acquired 5,000 shares of Class A common stock.
- The purchase price averaged $21.82 per share, with individual transactions ranging from $21.63 to $22.05.
- Following the transaction, Mr. Singleton directly owns 117,101 shares of Class A common stock.
- Mr. Singleton also has indirect ownership through Auburn OWMH, LLLP (610,183 shares), the Austin Singleton Irrevocable Trust (594,922 shares), and the Philip Singleton Irrevocable Trust (345,678 shares).
Sentiment
Score: 7
Explanation: The sentiment is moderately positive due to the CEO's purchase of company stock, which is generally interpreted as a sign of confidence in the company's prospects. 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 may signal confidence in the company's future performance.
Industry Context
Insider buying is often seen as a positive sign, suggesting that company leadership believes the stock is undervalued.
Stakeholder Impact
- The CEO's purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| December 24, 2015 | Date of Philip Singleton Irrevocable Trust |
| December 30, 2015 | Date of Austin Singleton Irrevocable Trust |
| August 7, 2024 | Date of the reported transaction (purchase of shares) |
| August 9, 2024 | Date of signature for the filing |
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