[Form 4] MarineMax, Inc. Insider Trading Activity
W. Brett McGill, listed as CEO & President and a director of MarineMax, Inc. (HZO), reported two open-market sales of the issuer's common stock on 08/25/2025. The first line shows a sale of 59,400 shares at a weighted average price of $27.52, leaving 173,638 shares beneficially owned (direct). The second line shows a sale of 600 shares at a weighted average price of $28.17, leaving 173,038 shares beneficially owned (direct). The filing states both transactions were executed in multiple trades; price ranges for those trades are disclosed in the explanations. The Form 4 is signed by an attorney-in-fact on behalf of Mr. McGill.
- Transparent disclosure of weighted average sale prices and trade price ranges with an undertaking to provide trade-level details upon request
- Substantial retained ownership after the sales (reported beneficial ownership of 173,638 and 173,038 shares on the two lines)
- Insider dispositions totaling 60,000 shares on 08/25/2025 (59,400 and 600 shares) which reduce the CEO's direct holdings
- Multiple-trade execution means the precise per-trade quantities and prices are not included in the filing (only ranges and weighted averages)
Insights
TL;DR: Insider sales by the CEO were executed in multiple trades but he retains substantial direct ownership.
These Form 4 entries document open-market dispositions by the company's CEO and director. The filing provides clear weighted average prices and the ranges for the underlying trades, and confirms continued direct beneficial ownership above 173,000 shares after the reported sales. From a governance standpoint, transparent reporting and provision to supply trade-by-trade details on request are positive for disclosure practices. The transactions themselves are routine insider sales as disclosed on Form 4.
TL;DR: Materiality appears limited; insider sold 60,000 shares total at ~$27–$28 and still holds ~173k shares.
The filing shows two sale entries totaling 60,000 shares executed on the same date with reported weighted average prices of $27.52 and $28.17 and disclosed price ranges. The reporting person retains direct beneficial ownership in the mid-hundreds of thousands of shares post-sales. The disclosure is specific on prices and trade execution, allowing market participants to assess timing and size relative to outstanding shares if they combine with outstanding share data from other sources.