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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 holding 2 shares

Vision Marine Technologies Inc. (VMAR) reported the initial ownership of director Steven Barrenechea on a Form 3.

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Vision Marine Technologies Inc. (VMAR) reported the initial ownership of director Steven Barrenechea on a Form 3. The filing lists that he directly holds 2 Common Shares of the company, with no reported purchases, sales, or derivative positions in this statement.

Positive

  • None.

Negative

  • None.
Insider Barrenechea Steven
Role Director
Type Security Shares Price Value
holding Common Shares -- -- --
Holdings After Transaction: Common Shares — 2 shares (Direct)
Common Shares directly held 2 Common Shares Total shares following the reported position
Holding entries 1 Number of non-transactional holding rows reported
Net buy/sell shares 0 No buys or sells reported in this Form 3
Form 3 regulatory
"reported the initial ownership of director Steven Barrenechea 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.
Common Shares financial
"he directly holds 2 Common Shares of the company"
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.
reporting person regulatory
"discloses that director Steven Barrenechea is a reporting person"
directly holds financial
"The filing lists that he directly holds 2 Common Shares"

FAQ

What does the Form 3 filed for VMAR disclose about Steven Barrenechea?

The Form 3 discloses that director Steven Barrenechea is a reporting person for Vision Marine Technologies Inc. (VMAR) and that he directly holds 2 Common Shares of the company as reported in this initial ownership statement.

How many Vision Marine Technologies Inc. (VMAR) shares does Steven Barrenechea hold?

The filing states that Steven Barrenechea directly holds 2 Common Shares of Vision Marine Technologies Inc. (VMAR) following the reported position.

Does the VMAR Form 3 show any recent buy or sell transactions by Steven Barrenechea?

No. The Form 3 only reports a holding of 2 Common Shares and shows no purchase, sale, gift, exercise, or other transactional activity for Steven Barrenechea in this filing.

Is Steven Barrenechea reported as an officer or director of VMAR on this Form 3?

Yes. The Form 3 identifies Steven Barrenechea as a director of Vision Marine Technologies Inc. (VMAR) and not as an officer or ten percent owner.

Are there any derivative securities reported for Steven Barrenechea in the VMAR Form 3?

No. The derivative section is empty, and the summary shows 0 derivative transactions and 0 derivative positions reported for Steven Barrenechea in this Form 3.

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*
Barrenechea Steven

(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/ Barrenechea Steven09/01/2026
** 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)