ONEW: Chris Bodine Awarded 7,892 Restricted Stock Units
Rhea-AI Filing Summary
OneWater Marine Inc. (ONEW) director Chris W. Bodine was granted 7,892 restricted stock units (RSUs) under the 2020 Omnibus Incentive Plan on 10/01/2025. The award is priced at $0 and increases his reported beneficial ownership to 33,928 shares following the grant. The RSUs vest on 10/01/2026 provided Mr. Bodine continues to serve as a director through that date. The filing was submitted as a Form 4 reporting a Section 16 change in beneficial ownership and signed by an attorney-in-fact on 10/03/2025.
Positive
- Alignment with shareholders: Award vests over one year, aligning director incentives with stock performance through 10/01/2026.
- Increased insider ownership: Beneficial ownership rises to 33,928 shares following the grant, signaling stronger director stake.
Negative
- Delayed economic interest: RSUs vest only after continued service to 10/01/2026, so there is no immediate voting or liquidity change.
- Potential share issuance: Vesting will convert RSUs into Class A common stock, which may increase outstanding shares when settled.
Insights
Director granted time‑vested RSUs that raise reported ownership to 33,928 shares.
The award of 7,892 RSUs is a standard director compensation tool that ties pay to future share value and aligns the director's interests with shareholders through a one‑year service vesting condition ending on 10/01/2026. The grant was issued under the company's existing 2020 Omnibus Incentive Plan and recorded at a unit price of $0 in the Form 4, reflecting a non‑cash equity award.
Key dependencies include continued board service through the vest date and the eventual conversion of RSUs into Class A common stock, which will increase outstanding shares when vested. Monitor the vesting date 10/01/2026 and future filings for the actual issuance of shares and any related tax withholding or share‑settlement details.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock, par value $0.01 | 7,892 | $0.00 | -- |
Footnotes (1)
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