[Form 4] MARINEMAX INC Insider Trading Activity
MarineMax, Inc. (HZO) reported an equity award to officer and General Counsel Manuel A. Alvare III. On 11/17/2025, he received 2,317 performance-based restricted stock units and 6,057 time-based restricted stock units, each representing the right to receive one share of MarineMax common stock at no purchase price.
The performance-based units vest on September 30, 2027, based on criteria set on November 14, 2024 tied to inventory management and operations during fiscal 2025. The time-based restricted stock units vest in three annual installments beginning on September 30, 2026, aligning part of the executive’s compensation with longer-term company performance.
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FAQ
What insider transaction did MarineMax (HZO) report for Manuel A. Alvare III?
MarineMax reported that officer and General Counsel Manuel A. Alvare III received equity awards on 11/17/2025, consisting of performance-based and time-based restricted stock units that settle in MarineMax common stock.
How many restricted stock units did the MarineMax (HZO) executive receive?
On 11/17/2025, the executive received 2,317 performance-based restricted stock units and 6,057 restricted stock units, each representing a contingent right to one share of MarineMax common stock.
When do the performance-based RSUs granted by MarineMax (HZO) vest?
The 2,317 performance-based restricted stock units vest on September 30, 2027, based on performance criteria tied to inventory management and operations during fiscal 2025.
What are the vesting terms for the time-based restricted stock units at MarineMax (HZO)?
The 6,057 restricted stock units vest in three annual installments beginning on September 30, 2026, providing a staggered schedule of share delivery over multiple years.
Does the MarineMax (HZO) executive pay a price for these restricted stock units?
No cash purchase price is listed for these awards; the derivative securities table shows the price of each restricted stock unit as $0, reflecting their nature as equity compensation rather than open-market purchases.
What performance measures affect the MarineMax (HZO) performance-based RSUs?
The performance-based restricted stock units were awarded based on criteria established on November 14, 2024 and are tied to inventory management and operations during fiscal 2025.
What is the reporting person’s role at MarineMax (HZO)?
The reporting person is identified as an officer of MarineMax and serves as General Counsel, indicating a senior legal and executive position within the company.