[144] OneWater Marine Inc. SEC Filing
OneWater Marine (ONEW) filed a Form 144 disclosing a proposed sale of 3,496 common shares through Raymond James & Associates with an approximate aggregate market value of $60,830. The shares were acquired as pre-IPO shares on 02/11/2021 from the issuer and are scheduled for sale on 08/27/2025 on NASDAQ. The filing reports 16,313,115 shares outstanding, so the shares to be sold represent about 0.021% of outstanding common stock, and no other sales in the past three months were reported. The filer affirms no undisclosed material adverse information.
- Timely compliance: Form 144 filed with broker and sale details, supporting regulatory transparency
- Small size relative to outstanding shares: 3,496 shares (~0.021% of 16,313,115) suggests immaterial market impact
- Origin of shares disclosed: Shares are pre-IPO holdings acquired from the issuer on 02/11/2021
- None.
Insights
TL;DR: Small insider sale disclosed; immaterial relative to float and unlikely to move markets.
The Form 144 reports a single proposed sale of 3,496 shares valued at $60,830, representing roughly 0.021% of the issuer's 16.31 million outstanding shares. From a market-impact perspective, this size is immaterial and unlikely to affect liquidity or share price. The shares are pre-IPO holdings acquired from the issuer in 2021 and are being sold through a broker on NASDAQ. The filing provides the standard attestation regarding absence of undisclosed material adverse information.
TL;DR: Filing demonstrates compliance with disclosure rules; sale size poses minimal governance signal.
The document fulfills Rule 144 notice requirements by identifying the broker, share class, acquisition date and nature, and proposed sale date. As the position being sold is a very small fraction of outstanding stock, this transaction does not constitute a significant insider exit or change in control. The signer’s attestation about material information is included, aligning with routine governance and disclosure practices.