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Vision Marine Technologies Inc. reported $13.8M in revenue and a $21.7M net loss for fiscal 2025. See the full VMAR financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.

Vision Marine director reports 2-share holding

Vision Marine Technologies Inc. (VMAR) reported the initial beneficial ownership of director Luisa Ingargiola on a Form 3.

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Vision Marine Technologies Inc. (VMAR) reported the initial beneficial ownership of director Luisa Ingargiola on a Form 3. She is listed as directly holding 2 Common Shares of Vision Marine Technologies Inc. as of the reported date, with no specific purchase or sale transactions disclosed.

Positive

  • None.

Negative

  • None.
Insider Ingargiola Luisa
Role Director
Type Security Shares Price Value
holding Common Shares -- -- --
Holdings After Transaction: Common Shares — 2 shares (Direct)
Common Shares held 2 Common Shares Total shares beneficially owned directly following the reported holding entry
Holding entries 1 holding entry Number of holding records reported for this Form 3
Insider role Director Reporting person’s relationship to Vision Marine Technologies Inc.
Form 3 regulatory
"reported the initial beneficial ownership of director on a Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"reported the initial beneficial ownership of director Luisa Ingargiola"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Common Shares financial
"directly holding 2 Common Shares of Vision Marine Technologies Inc."
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

FAQ

What does this Form 3 filing report for VMAR?

It reports that director Luisa Ingargiola has initial disclosed beneficial ownership of 2 Common Shares of Vision Marine Technologies Inc., with the position held directly and no individual buy or sell transactions detailed.

How many Vision Marine Technologies Inc. (VMAR) shares does Luisa Ingargiola own?

Luisa Ingargiola is reported as directly owning 2 Common Shares of Vision Marine Technologies Inc. following the reported holdings entry.

Is the ownership reported in this VMAR Form 3 direct or indirect?

The Form 3 shows Luisa Ingargiola’s beneficial ownership of Vision Marine Technologies Inc. as direct, with 2 Common Shares held.

Does the VMAR Form 3 show any recent insider buying or selling?

No. The Form 3 functions as an initial statement of beneficial ownership and lists a holding entry of 2 Common Shares for Luisa Ingargiola, without detailing any specific buy or sell transaction.

What role does Luisa Ingargiola have at Vision Marine Technologies Inc. (VMAR)?

Luisa Ingargiola is identified as a director of Vision Marine Technologies Inc. in this Form 3 filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Ingargiola Luisa

(Last)(First)(Middle)
730 BOULEVARD DU CURE-BOIVIN

(Street)
BOISBRIANDJ7G 2A7

(City)(State)(Zip)

QUEBEC, CANADA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
09/01/2026
3. Issuer Name and Ticker or Trading Symbol
Vision Marine Technologies Inc. [ VMAR ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares2D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Ingargiola Luisa09/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)