MarineMax (HZO) director boosts holdings by exercising 5,000 stock options

Rhea-AI Filing Summary

MarineMax Inc. director George E. Borst exercised stock options to acquire 5,000 shares of Common Stock on May 7, 2026 at an exercise price of $16.97 per share. Following the transaction, he directly holds 45,335 Common Stock shares, and the exercised option grant is fully used.

Insights

Insider transactions analyst

Director exercised 5,000 options and increased direct share ownership, with no same-day sale.

Director George E. Borst exercised stock options for 5,000 shares of MarineMax Inc. Common Stock at an exercise price of $16.97 per share. The related option position is now fully exhausted, as indicated by zero derivative shares remaining.

After this exercise, Borst directly owns 45,335 Common Stock shares, suggesting this was an exercise-and-hold pattern rather than an immediate liquidity event. There is no indication in the data of a Rule 10b5-1 trading plan or any same-date sale that would change this characterization.

Insider Trade Summary

Net Buyer: 5,000 shares

Net Buy 2 txns

Insider Borst George E

Role Director

Type	Security	Shares	Price	Value
Exercise	Stock Options (right to buy)	5,000	$0.00	$0.00
Exercise	Common Stock	5,000	$16.97	$85K

Holdings After Transaction: Stock Options (right to buy) — 0 shares (Direct); Common Stock — 45,335 shares (Direct)

Footnotes (1)

1. F1. Options vested as follows: 1,667 vested on June 30, 2016, 1,666 vest on June 30, 2017, and 1,667 vest on June 30, 2018.

Key Figures

Options exercised: 5,000 shares Exercise price: $16.97 per share Shares held after: 45,335 shares +2 more

5 metrics

Options exercised 5,000 shares Stock Options (right to buy) exercised into Common Stock

Exercise price $16.97 per share Conversion or exercise price for Stock Options

Shares held after 45,335 shares Total Common Stock directly owned following the transaction

Option expiration June 30, 2026 Expiration date of exercised Stock Options

Exercise date May 7, 2026 Date the options were exercised

Key Terms

Stock Options (right to buy), Exercise or conversion of derivative security, Common Stock, expiration date

4 terms

Stock Options (right to buy) financial

"security_title: Stock Options (right to buy)"

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

expiration date financial

"expiration_date: 2026-06-30T00:00:00.000Z"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

FAQ

What did MarineMax (HZO) director George E. Borst report in this Form 4?

George E. Borst reported exercising stock options to acquire 5,000 MarineMax Common Stock shares. The options were exercised at an exercise price of $16.97 per share, and the corresponding option grant is now fully used with no derivative shares remaining.

How many MarineMax (HZO) shares does George E. Borst hold after this transaction?

Following the option exercise, George E. Borst directly holds 45,335 shares of MarineMax Common Stock. This figure reflects his position after acquiring 5,000 shares through the exercised options and shows his updated direct equity stake as of the reported date.

What type of insider transaction did MarineMax (HZO) disclose for George E. Borst?

The transaction is classified as an exercise or conversion of a derivative security. Borst exercised Stock Options (right to buy) into 5,000 Common Stock shares at $16.97 per share, with no accompanying open-market buy or sell reported on the same date.

What were the key terms of the MarineMax (HZO) stock options exercised by George E. Borst?

The Stock Options gave Borst the right to buy 5,000 MarineMax Common Stock shares at a conversion or exercise price of $16.97 per share. These options had an expiration date of June 30, 2026, and are now fully exercised with zero derivative shares remaining.

Does this MarineMax (HZO) Form 4 show any stock sales by George E. Borst?

The Form 4 data show no open-market sales by George E. Borst. It reports only the exercise of 5,000 stock options into Common Stock, leaving him with 45,335 directly held shares and no remaining shares under this specific option grant.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/15/2026 - 04:19 PM Learn about SEC filing dates

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Borst George E

(Last) (First) (Middle)

501 BROOKER CREEK BLVD

(Street)

OLDSSMAR FLORIDA 34677

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/07/2026		M		5,000	A	$16.97	45,335	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
Stock Options (right to buy)	$16.97	05/07/2026		M			5,000	(1)	06/30/2026	Common Stock	5,000	$0	0	D

Explanation of Responses:

1. Options vested as follows: 1,667 vested on June 30, 2016, 1,666 vest on June 30, 2017, and 1,667 vest on June 30, 2018.

	Anthony E. Cassella, Jr., Attorney-in-Fact for George E. Borst	05/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)