4Accepted Oct 2, 4:12 PM ET
MarineMax Inc: general counsel Alvare Manuel A. III exercised 9,596 shares
Accepted (ET)
4:12 PM
Oct 2, 2026
Filed
Oct 2, 2026
Documents
1
Size
23.0 KB
Summary
MarineMax Inc: general counsel Alvare Manuel A. III exercised 9,596 shares
What happened
- Alvare Manuel A. III, general counsel, exercised or converted derivative awards for a total of 9,596 shares on Sep 30, 2026 (individual conversions of 4,934; 748; 506; 1,390; and 2,018 shares).
- The filing shows 2,340 shares were surrendered to satisfy tax withholding at $52.30 per share for $122,382. The exercises/conversions are reported at $0.00 per share.
Key details
- Transaction date: Sep 30, 2026. Exercise/conversion price: $0.00. Tax withholding disposition: 2,340 shares at $52.30 for $122,382.
- The filing lists exercises/conversions of 4,934; 748; 506; 1,390; and 2,018 shares (total 9,596) and corresponding derivative disposition entries at $0.00.
- Shares owned after the transaction: not reported in the provided filing excerpt.
- Relevant footnotes: F2 (each restricted stock unit equals one share), F3 (performance-based RSUs vest on Sep 30, 2026), F4–F6 (details on annual vesting schedules), F1 (shares held by household members). The tax withholding is reported under code F.
- Filing date: Oct 02, 2026 (transactions reported for Sep 30, 2026).
Why it may matter
- The filing reports exercise/conversion of derivative awards with 2,340 shares withheld to cover tax liability, consistent with a net settlement or tax withholding on vested awards rather than an open-market sale of all exercised shares.
- This filing does not show why the insider traded or why the company acted.