Director-linked funds trim OneWater Marine (ONEW) stake in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OneWater Marine director John Troiano reported small insider sales through affiliated investment entities. On February 12, 2026, OWM BIP Investor, LLC sold 1,028 shares of Class A common stock at $13.19 per share, leaving 171,422 shares held indirectly. On the same day, Beekman Investment Partners AIV III-OWM, L.P. sold 634 shares at $13.19, leaving 51,592 indirect shares. Troiano also reports 33,928 shares held directly. Footnotes state he is the sole manager of the general partner of these funds and that he disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,662 shares ($21,922)
Net Sell
3 txns
Insider
Troiano John
Role
Director
Sold
1,662 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock, par value $0.01 | 1,028 | $13.19 | $14K |
| Sale | Class A common stock, par value $0.01 | 634 | $13.19 | $8K |
| holding | Class A common stock, par value $0.01 | -- | -- | -- |
Holdings After Transaction:
Class A common stock, par value $0.01 — 171,422 shares (Indirect, By OWM BIP Investor, LLC);
Class A common stock, par value $0.01 — 33,928 shares (Direct)
Footnotes (1)
- 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.
FAQ
What insider transaction did OneWater Marine (ONEW) report for John Troiano?
OneWater Marine reported that entities associated with director John Troiano executed small insider sales of Class A common stock on February 12, 2026. The trades involved open-market sales by investment vehicles rather than large personal disposals by the director.
Were the OneWater Marine (ONEW) insider trades open-market sales?
Yes. The Form 4 describes both transactions as open-market sales of Class A common stock. They are coded as "S" with a transaction description of sale in open market or private transaction, executed at a reported price of $13.19 per share.
What do the footnotes say about John Troiano’s beneficial ownership in OneWater Marine (ONEW)?
The footnotes state that John Troiano disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest. They also explain that the selling entities are investment vehicles managed through a general partner for which he serves as sole manager.