STOCK TITAN

HZO CEO granted 110,891 RSUs; sale of 41,142 shares at $25.33

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

W. Brett McGill, who serves as CEO & President and a Director of MarineMax, Inc. (HZO), reported multiple equity award transactions dated 09/30/2025. He was granted a total of 110,891 restricted stock units (RSUs) made up of performance-based and time‑based awards that convert to common stock on vesting; the performance RSUs vest on 09/30/2025 and other RSU tranches vest in annual installments beginning 09/30/2023, 09/30/2024, and 09/30/2025. The Form 4 also discloses a sale of 41,142 shares at $25.33, leaving him with 242,787 shares beneficially owned following the reported transactions.

Positive

  • 110,891 RSUs granted to the CEO, including performance-based awards that vest on 09/30/2025
  • Staggered time-based vesting (beginning 09/30/2023, 09/30/2024, 09/30/2025) supports retention

Negative

  • 41,142 shares sold at $25.33, reducing holdings to 242,787 shares

Insights

CEO received large RSU grants and sold a portion of shares on 09/30/2025.

The filing shows a total award of 110,891 RSUs, including performance‑based units that vest on 09/30/2025 and time‑based tranches with multi‑year vesting schedules. These awards align executive pay with future performance and retention.

The filing also records a disposal of 41,142 shares at $25.33, reducing beneficial ownership to 242,787 shares. That sale is explicitly reported and separate from the RSU grants.

Insider McGill W Brett
Role CEO & President
Type Security Shares Price Value
Exercise Performance Based Restricted Stock Units 57,664 $0.00 --
Exercise Restricted Stock Units 14,648 $0.00 --
Exercise Restricted Stock Units 18,683 $0.00 --
Exercise Restricted Stock Units 19,896 $0.00 --
Exercise Common Stock 57,664 $0.00 --
Exercise Common Stock 14,648 $0.00 --
Exercise Common Stock 18,683 $0.00 --
Exercise Common Stock 19,896 $0.00 --
Tax Withholding Common Stock 41,142 $25.33 $1.04M
Holdings After Transaction: Performance Based Restricted Stock Units — 0 shares (Direct); Restricted Stock Units — 0 shares (Direct); Common Stock — 230,702 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of MarineMax, Inc. Common Stock. The performance-based restricted stock units vest on September 30, 2025. These units were awarded based on performance criteria established on November 18, 2022 and tied to inventory management and operations during fiscal 2023. These restricted stock units vest in three annual installments beginning on September 30, 2023. These restricted stock units vest in three annual installments beginning on September 30, 2024. These restricted stock units vest in three annual installments beginning on September 30, 2025.
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).
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)
09/30/2025
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 09/30/2025 M 57,664 A $0 230,702 D
Common Stock 09/30/2025 M 14,648 A $0 245,350 D
Common Stock 09/30/2025 M 18,683 A $0 264,033 D
Common Stock 09/30/2025 M 19,896 A $0 283,929 D
Common Stock 09/30/2025 F 41,142 D $25.33 242,787 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
Performance Based Restricted Stock Units (1) 09/30/2025 M 57,664 (2) (2) Common Stock 57,665 $0 0 D
Restricted Stock Units (1) 09/30/2025 M 14,648 (3) (3) Common Stock 14,648 $0 0 D
Restricted Stock Units (1) 09/30/2025 M 18,683 (4) (4) Common Stock 18,683 $0 18,684 D
Restricted Stock Units (1) 09/30/2025 M 19,896 (5) (5) Common Stock 19,896 $0 39,800 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of MarineMax, Inc. Common Stock.
2. The performance-based restricted stock units vest on September 30, 2025. These units were awarded based on performance criteria established on November 18, 2022 and tied to inventory management and operations during fiscal 2023.
3. These restricted stock units vest in three annual installments beginning on September 30, 2023.
4. These restricted stock units vest in three annual installments beginning on September 30, 2024.
5. These restricted stock units vest in three annual installments beginning on September 30, 2025.
Anthony E. Cassella, Jr., Attorney-in-Fact for W. Brett McGill 10/02/2025
** 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 transactions did MarineMax (HZO) insider W. Brett McGill report on the Form 4?

He reported grants of a total of 110,891 RSUs on 09/30/2025 and a sale of 41,142 shares at $25.33.

How many shares does W. Brett McGill beneficially own after these transactions?

The Form 4 shows he beneficially owns 242,787 shares following the reported transactions.

When do the performance-based RSUs vest?

The performance-based restricted stock units vest on 09/30/2025 and were tied to performance criteria set on 11/18/2022.

Are the RSU awards time-based or performance-based?

Both types are present: one tranche is explicitly performance-based and other tranches are time-based with multi-year vesting schedules.

What is the reporting person's role at MarineMax?

The reporting person, W. Brett McGill, is listed as CEO & President and a Director.