MarineMax EVP converts stock units into 36,166 shares
The reported units include performance-based awards tied to fiscal 2024 criteria and three restricted-stock-unit tranches with annual installment schedules.
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Rhea-AI Filing Summary
MarineMax, Inc. EVP and President of Retail Kyle Langbehn converted restricted stock units representing 36,166 common shares on September 30, 2026. The transactions also report 14,890 shares delivered or withheld for payment of exercise price or tax liability, at a reported $52.30 per share.
The 15,925 performance-based units vested on September 30, 2026. Three other restricted-stock-unit tranches—4,045, 6,697, and 9,499 units—vest in three annual installments beginning September 30, 2024, September 30, 2025, and September 30, 2026, respectively. Each unit represents a contingent right to receive one common share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Based Restricted Stock Units F2, F3 | 15,925 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F4 | 4,045 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F5 | 6,697 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F6 | 9,499 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 15,925 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,045 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,697 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,499 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 14,890 | $52.30 | $779K |
Footnotes (6)
- F1. Includes 790 shares acquired under the MarineMax Employee Stock Purchase Plan during the last year.
- F2. Each restricted stock unit represents a contingent right to receive one share of MarineMax, Inc. Common Stock.
- F3. The performance-based restricted stock units vest on September 30, 2026. These units were awarded based on performance criteria established on November 17, 2023 and tied to inventory management and operations during fiscal 2024.
- F4. These restricted stock units vest in three annual installments beginning on September 30, 2024.
- F5. These restricted stock units vest in three annual installments beginning on September 30, 2025.
- F6. These restricted stock units vest in three annual installments beginning on September 30, 2026.
Key Figures
Key Terms
Performance Based Restricted Stock Units financial
contingent right financial
annual installments financial
performance criteria financial
FAQ
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When did Kyle Langbehn's performance-based RSUs vest?
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