Form 4: OneWater Marine CEO Philip Singleton Jr. Acquires Additional Shares

OneWater Marine's CEO, Philip Singleton Jr., has acquired 1,046 shares of Class A common stock at an average price of $20.85.

Summary

• Philip Singleton Jr., CEO of OneWater Marine Inc., purchased 1,046 shares of Class A common stock on November 26, 2024.
• The shares were acquired at a weighted average price of $20.85, with individual transaction prices ranging from $20.81 to $20.86.
• Following the transaction, Mr. Singleton directly owns 79,016 shares and indirectly controls a total of 1,635,520 shares through various trusts and partnerships.
• The reporting also includes holdings by Auburn OWMH, LLLP, Austin Singleton Irrevocable Trust, and Philip Singleton Irrevocable Trust, all of which are part of a 10% ownership group.

Sentiment

Score: 6

Explanation: The document reflects a routine insider transaction. While the purchase could be seen as a positive sign, it's not a major event that would significantly impact sentiment.

Positives

• The CEO's purchase of shares could be seen as a positive signal of confidence in the company's future.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It does not indicate any specific trend in the marine industry.

Comparison to Industry Standards

• Insider trading disclosures are a standard practice for all publicly listed companies, including OneWater Marine's competitors such as MarineMax (HZO) and MasterCraft Boat Holdings (MCFT).
• The volume of shares purchased by Mr. Singleton is relatively small compared to the total outstanding shares of OneWater Marine, and is not unusual for insider transactions.
• Similar filings can be found for executives at other companies in the recreational boating industry, reflecting standard regulatory compliance.

Stakeholder Impact

• The purchase may have a minor positive impact on shareholder confidence.

Key Dates

Keywords

OneWater Marine, Philip Singleton Jr., insider trading, stock purchase, Class A common stock, Auburn OWMH, Austin Singleton Irrevocable Trust, Philip Singleton Irrevocable Trust