Form 4: OneWater Marine Director John Troiano Receives Restricted Stock Units

Director John Troiano of OneWater Marine Inc. reports the acquisition of restricted stock units and indirect ownership of Class A common stock.

Summary

• On October 1, 2024, John Troiano, a director of OneWater Marine Inc., was awarded 5,228 restricted stock units under the company's 2020 Omnibus Incentive Plan.
• These units will vest on October 1, 2025, contingent upon Troiano's continued service as a director.
• Troiano also indirectly owns 183,995 shares of Class A common stock through OWM BIP Investor, LLC and 55,722 shares through Beekman Investment Partners AIV III-OWM, L.P.
• Troiano disclaims beneficial ownership of these indirectly held shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock ownership and compensation, indicating a neutral sentiment.

Future Outlook

The restricted stock units will vest on October 1, 2025, contingent upon Troiano's continued service as a director.

Management Comments

• The Reporting Person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Industry Context

This filing is a routine disclosure of stock-based compensation for a company director, common in publicly traded companies to align management interests with shareholder value.

Stakeholder Impact

• The award of restricted stock units aligns the director's interests with those of the shareholders, incentivizing him to work towards the company's long-term success.

Key Dates