Form 4: OneWater Marine Inc. CEO Philip Austin Singleton Jr. Reports Purchase of Shares

Philip Austin Singleton Jr., CEO of OneWater Marine Inc., reported the purchase of 3,334 shares of Class A common stock at a weighted average price of $23.04.

Summary

• On August 22, 2024, Philip Austin Singleton Jr., CEO of OneWater Marine Inc., purchased 3,334 shares of Class A common stock.
• The purchase price was a weighted average of $23.04 per share, with individual transactions ranging from $22.79 to $23.17.
• Following the transaction, Singleton directly owns 117,101 shares and indirectly owns 613,517 shares through Auburn OWMH, LLLP, 594,922 shares through the Austin Singleton Irrevocable Trust, and 345,678 shares through the Philip Singleton Irrevocable Trust.
• The report also includes filings by Auburn OWMH, LLLP, Singleton Asset Management, LLC, Michelle Singleton, Philip Singleton Irrevocable Trust, and Austin Singleton Irrevocable Trust, all related to their status as members of a 10% ownership group.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing reporting a transaction. The CEO buying shares is mildly positive, but not significantly so without additional context.

Positives

• The CEO's purchase of shares could be interpreted as a positive signal about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. Investors often monitor such filings for signals about management's confidence in the company's future performance.

Stakeholder Impact

• The CEO's purchase of shares may have a slightly positive impact on shareholder sentiment.

Key Dates