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[Form 4] MarineMax, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

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.

Positive
  • 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)
Negative
  • 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.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McGill W Brett

(Last) (First) (Middle)
501 BROOKER CREEK BLVD

(Street)
OLDSMAR FL 34677

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MARINEMAX INC [ HZO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO & President
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/25/2025 S 59,400 D $27.52(1) 173,638 D
Common Stokc 08/25/2025 S 600 D $28.17(2) 173,038 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $27.15 to $28.14. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
2. This transaction was executed in multiple trades at prices ranging from $28.16 to $28.20. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
Anthony E. Cassella, Jr., Attorney-in-Fact for W. Brett McGill 08/27/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did MarineMax (HZO) report on the Form 4?

The Form 4 reports that W. Brett McGill sold 59,400 shares at a weighted average price of $27.52 and 600 shares at a weighted average price of $28.17 on 08/25/2025.

How many shares does the reporting person retain after the reported sales?

The filing shows direct beneficial ownership of 173,638 shares on one line and 173,038 shares on the other line following the reported transactions.

Were the trades executed in single or multiple transactions?

The explanations state both transactions were executed in multiple trades with price ranges provided for each sale; the filing reports weighted average prices.

Who signed the Form 4 for W. Brett McGill?

The Form 4 is signed by Anthony E. Cassella, Jr., Attorney-in-Fact for W. Brett McGill, dated 08/27/2025.

What price ranges were disclosed for the sales on 08/25/2025?

The filing discloses price ranges of $27.15 to $28.14 for the 59,400-share sales and $28.16 to $28.20 for the 600-share sales.
MarineMax US

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505.04M
18.63M
12.52%
94.69%
15.88%
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