OneWater Marine (ONEW) director reports 7,892 RSU award and indirect holdings
Rhea-AI Filing Summary
John Troiano, a director of OneWater Marine Inc. (ONEW), reported an award of 7,892 restricted stock units on 10/01/2025 under the company's 2020 Omnibus Incentive Plan. The award carries a $0 purchase price and vests on 10/01/2026 subject to continued service as a director. Following the transaction Mr. Troiano directly beneficially owns 33,928 Class A shares and is disclosed as having indirect beneficial ownership of 172,450 shares through OWM BIP Investor, LLC and 52,226 shares through Beekman Investment Partners AIV III-OWM, L.P. The filing includes the customary disclaimer of beneficial ownership except to the extent of pecuniary interest.
Positive
- 7,892 RSUs awarded that vest over one year, aligning director incentives with shareholder interests
- Substantial indirect ownership disclosed: 172,450 and 52,226 shares, indicating significant aligned economic interest
Negative
- No immediate purchase price (reported price $0) — award is compensation that may dilute shareholders when settled
- Vesting contingent on continued service so the economic value is subject to future employment condition
Insights
Director received time-based equity award; significant indirect holdings disclosed.
The report shows a 7,892 restricted stock unit award granted on 10/01/2025 that vests on 10/01/2026, tying compensation to continued board service rather than immediate sale.
The filing also discloses substantial indirect holdings: 172,450 shares via OWM BIP Investor, LLC and 52,226 shares via Beekman Investment Partners AIV III-OWM, L.P., plus 33,928 directly owned shares, which are material ownership disclosures for governance and voting influence.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock, par value $0.01 | 7,892 | $0.00 | -- |
| holding | Class A common stock, par value $0.01 | -- | -- | -- |
| holding | Class A common stock, par value $0.01 | -- | -- | -- |
Footnotes (1)
- Award of restricted stock units pursuant to the OneWater Marine Inc. 2020 Omnibus Incentive Plan. The award vests on October 1, 2026, subject to the recipient's continued service as a director of the Issuer through such vesting date. The Reporting Person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Beekman Investment Partners AIV III-OWM, L.P. ("AIV III") is an investment fund that is managed by a general partner, Beekman Investment Group III, LLC. OWM BIP Investor, LLC is an investment vehicle wholly-owned by AIV III. The Reporting Person is the sole manager of Beekman Investment Group III, LLC.