HZO Form 4: Director Receives 790 Shares, Holdings Now 23,759
Rhea-AI Filing Summary
MarineMax (HZO) director received 790 shares as quarterly director compensation, issued at $25.33 per share on 09/30/2025. After the award, the reporting person, Adam M. Johnson, beneficially owned 23,759 shares, held directly. The Form 4 was filed indicating the transaction code "A" (acquisition) and notes the shares represent the quarterly portion of the director's annual retainer fee. This filing is a routine disclosure of equity compensation to an insider and does not include derivative transactions or additional material events.
Positive
- Transparent disclosure: The Form 4 properly reports the director equity award and resulting direct beneficial ownership of 23,759 shares.
- Routine compensation: The 790-share award is identified as the quarterly portion of the director's annual retainer, indicating standard governance practice.
Negative
- None.
Insights
TL;DR: Director received routine equity compensation of 790 shares, raising direct holdings to 23,759 shares; no derivatives or unusual transactions reported.
The Form 4 documents a standard issuance of common stock to a director as part of the annual retainer, priced at $25.33 per share on the transaction date of 09/30/2025. The disclosure shows direct ownership and no related derivative positions, suggesting no immediate change in insider leverage or hedging. The size of the grant appears routine for board compensation and does not, on its face, represent a material corporate event.
TL;DR: Routine director compensation reported properly; filing clarifies ownership and complies with Section 16 reporting requirements.
The filing explicitly states the shares were issued as the quarterly portion of the director's annual retainer and records the resulting beneficial ownership. The Form 4 is a standard compliance disclosure under Section 16(a). No amendments, joint filings, or indirect ownership claims are present besides direct ownership. From a governance perspective, the disclosure is complete for the reported transaction.