MarineMax CEO converts grants into 140,477 shares
The performance-based units were tied to inventory management and operations criteria established for fiscal 2024.
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Rhea-AI Filing Summary
MarineMax Inc. (HZO) CEO & President W. Brett McGill reported the conversion of 140,477 restricted stock units into common shares on September 30, 2026, comprising 73,566 performance-based units and three other RSU tranches. He also reported 53,686 shares delivered or withheld for payment of exercise price or tax liability, at a reported $52.30 per share. The performance-based units were tied to inventory management and operations criteria for fiscal 2024.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Based Restricted Stock Units F1, F2 | 73,566 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F3 | 18,684 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 19,897 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 28,330 | $0.00 | $0.00 |
| Exercise | Common Stock | 73,566 | $0.00 | $0.00 |
| Exercise | Common Stock | 18,684 | $0.00 | $0.00 |
| Exercise | Common Stock | 19,897 | $0.00 | $0.00 |
| Exercise | Common Stock | 28,330 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 53,686 | $52.30 | $2.81M |
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of MarineMax, Inc. Common Stock.
- F2. The performance-based restricted stock units vest on September 30, 2026. These units were awarded based on performance criteria established on November 17, 2023 and tied to inventory management and operations during fiscal 2024.
- F3. These restricted stock units vest in three annual installments beginning on September 30, 2024.
- F4. These restricted stock units vest in three annual installments beginning on September 30, 2025.
- F5. These restricted stock units vest in three annual installments beginning on September 30, 2026.
Key Figures
Key Terms
restricted stock unit financial
contingent right technical
annual installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were W. Brett McGill's HZO performance-based RSUs tied to?
What vesting schedules applied to the other HZO RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.