HZO CEO granted 110,891 RSUs; sale of 41,142 shares at $25.33
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 Trade Summary
| 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 |
Footnotes (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.