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 | $0.00 |
Footnotes (1)
- F1. 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 OneWater Marine Inc. through such vesting date.
FAQ
What did OneWater Marine (ONEW) report in this Form 4?
When do the RSUs granted to Chris W. Bodine vest?
What is the reported price for the RSU award?
How does this grant affect Mr. Bodine's ownership?
Where can I find the vesting and plan details?
AI-generated analysis. How Rhea-AI works. Not financial advice.