Form 4: OneWater Marine Director Sells Shares Under 10b5-1 Plan

OneWater Marine Inc. Director and 10% owner Peter H. Bos, Jr. reported the sale of 5,752 shares of Class A Common Stock under a pre-arranged 10b5-1 plan.

Summary

• Peter H. Bos, Jr., a Director and 10% owner of OneWater Marine Inc. (ONEW), reported transactions involving the company's Class A Common Stock.
• On February 6, 2026, Bos sold 5,652 shares of Class A Common Stock at a price of $14.00 per share.
• On the same date, Bos also sold 100 shares of Class A Common Stock at a price of $14.02 per share.
• These transactions were made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Following these transactions, Bos directly beneficially owns 1,031,210 shares, held jointly with his spouse.
• Additionally, Bos indirectly beneficially owns 880,503 shares through Legendary Investments, LLC, a wholly-owned subsidiary of Legendary, LLC, both controlled by him.
• Bos also indirectly beneficially owns 4,000 shares through Legendary, LLC, which he controls.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While it's an insider sale, the transaction being under a 10b5-1 plan suggests it's a pre-arranged, routine event rather than a discretionary sale based on new information, thus mitigating potential negative sentiment.

Negatives

• A Director and 10% owner sold a total of 5,752 shares of Class A Common Stock at prices of $14.00 and $14.02 per share.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, particularly by a director and significant owner, are often scrutinized by the market. However, the explicit mention of a Rule 10b5-1 plan typically mitigates the negative signaling effect, as these are pre-scheduled transactions not based on new, non-public information.

Stakeholder Impact

• Shareholders: May initially react to an insider sale, but the disclosure of a 10b5-1 plan should temper any significant negative interpretation, as it suggests a planned transaction rather than a reaction to recent company performance.

Key Dates

Recommendation

The reported sale of shares by Director Peter H. Bos, Jr. is explicitly stated to be pursuant to a Rule 10b5-1(c) plan. This indicates the transaction was pre-scheduled and not a discretionary sale based on recent developments or a change in the insider's view of the company's prospects. Sales under such plans are generally considered routine for diversification or liquidity purposes and typically do not carry a strong negative signal. Therefore, a 'hold' recommendation is appropriate, as this filing does not present new information that would warrant a significant change in investment strategy.

Keywords

OneWater Marine, ONEW, Peter H. Bos Jr., Insider Trading, Form 4, Stock Sale, Director, 10% Owner, Beneficial Ownership, 10b5-1 Plan