Jeffrey Lamkin reports sale of 62,695 OneWater Marine shares at $17.44
Rhea-AI Filing Summary
OneWater Marine Inc. director Jeffrey B. Lamkin reported a sale of Class A common stock on 08/27/2025. The Form 4 shows 62,695 shares sold at a weighted-average price of $17.44 (trades ranged from $17.25 to $17.55). After the reported disposition, the filing lists 26,036 shares beneficially owned in a direct form. The report was signed by an attorney-in-fact on 08/28/2025. The filer disclaims beneficial ownership of certain shares except to the extent of any pecuniary interest, as noted in the explanation.
Positive
- Timely and detailed disclosure of insider sale including weighted-average price and price range
- Residual direct ownership disclosed (26,036 shares) showing continued insider stake
- Explanatory disclaimers provided clarifying indirect ownership and willingness to supply further breakdowns on request
Negative
- Substantial insider sale of 62,695 shares which may be interpreted negatively by some investors
- Portion of shares held indirectly by L13, LLLP with a disclaimer, which can complicate clear beneficial ownership assessment
Insights
TL;DR: Director sold a notable block of shares; transaction disclosed at a weighted-average price of $17.44, leaving a smaller direct holding.
This Form 4 documents routine insider selling activity by a director rather than an equity grant or purchase. The weighted-average sale price and disclosed price range indicate the shares were sold in multiple transactions on the reported date. The remaining direct holding of 26,036 shares suggests the director retained an ongoing stake while reducing exposure. For investors, this is a disclosure of insider liquidity rather than new corporate information about operations or guidance.
TL;DR: Disclosure appears complete and includes a beneficial ownership disclaimer; sale executed through an entity is noted.
The filing identifies the reporting person as a director and records a sale attributed indirectly to L13, LLLP for a portion of the position, with an explicit disclaimer of beneficial ownership for that portion. The filing was executed by an attorney-in-fact, with the explanatory statements required under Section 16 included. This conforms to standard insider reporting practices and provides transparency about the disposition and residual holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock, par value $0.01 | 62,695 | $17.44 | $1.09M |
| holding | Class A common stock, par value $0.01 | -- | -- | -- |
Footnotes (1)
- The price reported in column 4 is a weighted average price, rounded to the nearest cent. These shares were purchased in multiple transactions at prices ranging from $17.25 to $17.55, inclusive. The Reporting Person undertakes to provide to OneWater Marine Inc., any security holder of OneWater Marine Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range. The Reporting Person disclaims beneficial ownership of the shares except to the extent of its 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.
