Form 4: OneWater Marine Director Lamkin Acquires Shares in Recent Transaction
SEC Form 4 Filing
Director Jeffrey B. Lamkin of OneWater Marine Inc. reports purchasing 414 shares of Class A common stock at an average price of $22.94 on August 22, 2024.
Summary
- On August 22, 2024, Jeffrey B. Lamkin, a director of OneWater Marine Inc., purchased 414 shares of Class A common stock.
- The shares were acquired at a weighted average price of $22.94, with individual transaction prices ranging from $22.87 to $22.96.
- Following the transaction, Lamkin directly owns 20,808 shares and indirectly owns 62,695 shares through L13, LLLP.
- Lamkin disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a director's share purchase. While insider buying can be seen as positive, it's a small transaction and the director disclaims beneficial ownership of a large portion of the shares.
Positives
- The director's purchase could be interpreted as a sign of confidence in the company's future prospects.
Management Comments
- The Reporting Person undertakes to provide to OneWater Marine Inc., any security holder of OneWater Marine Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
- The Reporting Person disclaims beneficial ownership of the shares except to the extent of its 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
Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects relative to its industry peers.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Date of the transaction: Jeffrey B. Lamkin purchased shares of OneWater Marine Inc. |
| 08/26/2024 | Date of the signature on the Form 4 filing. |
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