HZO Form 4: MarineMax awards new RSU and performance stock grants
Rhea-AI Filing Summary
MarineMax, Inc. (HZO) reported an equity compensation grant to its CEO and President, W. Brett McGill, who also serves as a director. On 11/17/2025, he received 33,179 performance-based restricted stock units and 84,993 time-based restricted stock units, each representing a contingent right to one share of MarineMax common stock at an exercise price of $0. The performance-based units were awarded under criteria set on November 14, 2024 tied to inventory management and operations during fiscal 2025 and vest on September 30, 2027. The time-based restricted stock units vest in three annual installments beginning on September 30, 2026, aligning executive incentives with the company’s longer-term performance.
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FAQ
What did MarineMax (HZO) disclose in this Form 4 filing?
The filing reports that CEO, President and director W. Brett McGill received new equity awards in the form of restricted stock units and performance-based restricted stock units of MarineMax, Inc..
How many restricted stock units were granted to the MarineMax (HZO) CEO?
On 11/17/2025, W. Brett McGill received 33,179 performance-based restricted stock units and 84,993 restricted stock units, each representing a contingent right to receive one share of MarineMax common stock.
When do the MarineMax (HZO) performance-based RSUs vest?
The performance-based restricted stock units vest on September 30, 2027. These units were awarded based on performance criteria established on November 14, 2024 tied to inventory management and operations during fiscal 2025.
What is the vesting schedule for the time-based RSUs at MarineMax (HZO)?
The 84,993 restricted stock units vest in three annual installments beginning on September 30, 2026, providing a multi-year incentive for the executive.
What does each restricted stock unit represent for MarineMax (HZO)?
Each restricted stock unit represents a contingent right to receive one share of MarineMax, Inc. common stock, subject to vesting and other award conditions.
Is there an exercise price for the MarineMax (HZO) RSU grants?
The performance-based restricted stock units and restricted stock units reported have an exercise price of $0, reflecting their nature as stock-based compensation rather than options.
Who signed the MarineMax (HZO) Form 4?
The Form 4 was signed by Anthony E. Cassella, Jr. as Attorney-in-Fact for W. Brett McGill on 11/18/2025.