Filing Analysis
OneWater Marine Inc. filed an 8-K to announce its operating and financial results for the fiscal third quarter ended June 30, 2026.
📋 Key Facts
- Report date: July 30, 2026
- Reporting period: Fiscal third quarter ended June 30, 2026
- The filing includes a press release (Exhibit 99.1) detailing the results.
- Signed by Jack Ezzell, Chief Operating Officer and Chief Financial Officer.
OneWater Marine Inc. announced its financial and operating results for the fiscal second quarter ended March 31, 2026. The results were disclosed via a press release furnished as an exhibit to the filing.
📋 Key Facts
- The filing reports results for the fiscal second quarter ended March 31, 2026.
- The press release was issued on April 30, 2026.
- The information is furnished under Item 2.02 (Results of Operations and Financial Condition).
- Jack Ezzell, COO and CFO, signed the report.
OneWater Marine Inc. reported results from its 2026 Annual Meeting held February 19, 2026. All nine directors were elected, the say-on-pay advisory vote passed with notable ~21.5% opposition, and Grant Thornton LLP was ratified as auditor. This is a routine annual meeting results filing with no material corporate actions.
🚩 Red Flags
- Say-on-pay opposition at ~21.5% is elevated; while the vote passed, dissent above 20% often draws scrutiny from proxy advisory firms and may signal investor concerns about executive compensation practices
- Director John F. Schraudenbach received 428,939 votes against (roughly 4x the opposition of other directors), suggesting targeted shareholder dissatisfaction
- COO/CFO dual-role holder (Jack Ezzell) signing the filing — consolidation of two critical C-suite functions in one individual can raise governance concerns
📋 Key Facts
- Annual Meeting held February 19, 2026; record date December 29, 2025 with 16,565,981 shares of Class A common stock outstanding
- All 9 director nominees elected with strong majorities; John F. Schraudenbach received the most opposition (428,939 against vs. typical single-digit thousands for other nominees)
- Say-on-pay advisory vote passed but with significant opposition: 8,257,439 FOR vs. 2,257,439 AGAINST (~21.5% dissent, well above typical levels)
- Grant Thornton LLP ratified as independent auditor for FY ending September 30, 2026 with 15,208,004 votes FOR (overwhelming approval)
- Filing signed by Jack Ezzell serving dual role as Chief Operating Officer and Chief Financial Officer
- 4,752,292 broker non-votes on all non-routine proposals (~31% of outstanding shares)
OneWater Marine Inc. has completed the sale of its equity interests in Ocean Bio-Chem Holdings, Inc. to Recochem Inc. for an estimated $50 million in cash. The company intends to use the proceeds primarily to reduce its outstanding debt.
🚩 Red Flags
- The sale is specifically intended to repay debt, which may indicate a need for balance sheet deleveraging.
📋 Key Facts
- Closing Date: February 2, 2026
- Buyer: Recochem Inc.
- Asset Sold: Equity interests in Ocean Bio-Chem Holdings, Inc.
- Estimated Cash Purchase Price: ~$50.0 million (Base price of $55.0M less $5.0M working capital/adjustments)
- Use of Proceeds: Repayment of a portion of the Company's outstanding debt
- Financial Advisor: Truist Securities
OneWater Marine Inc. announced the sale of its subsidiary, Ocean Bio-Chem Holdings, Inc., via a press release issued on February 3, 2026.
📋 Key Facts
- The company completed/announced the sale of Ocean Bio-Chem Holdings, Inc.
- Announcement date: February 3, 2026
- The filing includes a press release as Exhibit 99.1 regarding the transaction.
OneWater Marine Inc. filed an 8-K to announce its operating and financial results for the fiscal first quarter ended December 31, 2025.
📋 Key Facts
- Report date: January 29, 2026
- Reporting period: Fiscal first quarter ended December 31, 2025
- The filing includes a press release (Exhibit 99.1) detailing financial results.
- Signed by Jack Ezzell, Chief Operating Officer and Chief Financial Officer.
OneWater Marine Inc. issued an investor presentation on December 8, 2025, pursuant to Regulation FD disclosure requirements.
📋 Key Facts
- The company released an updated investor presentation dated December 8, 2025.
- The filing is made under Item 7.01 (Regulation FD Disclosure).
- Information provided in the exhibit is considered 'furnished' rather than 'filed' for purposes of Section 18.
OneWater Marine Inc. entered into two significant debt amendments on November 17, 2025, to modify existing credit and inventory financing agreements. These amendments primarily extend maturity dates and adjust borrowing capacities/repayment schedules.
🚩 Red Flags
- Modification of interest rates and repayment schedules suggests a restructuring of debt terms, which can sometimes indicate liquidity management or pressure from lenders.
- Multiple material amendments filed simultaneously (Item 1.01) increases the complexity of the company's capital structure.
📋 Key Facts
- Entered into Amendment No. 7 to Amended and Restated Credit Agreement with Truist Bank as Administrative Agent on Nov 17, 2025.
- Amendment No. 7 modifies the maturity date of the credit agreement to July 31, 2027.
- Amendment No. 7 includes adjustments to repayment schedules and applicable interest rates.
- Entered into Third Amendment to Eighth Amended and Restated Inventory Financing Agreement on Nov 17, 2025.
- The inventory financing amendment extends the termination date to March 1, 2027.
- Increased maximum borrowing capacity under the inventory agreement to $497.1 million, with an additional $38.7 million in overtrade capacity.
OneWater Marine Inc. announced an extension of its existing term loan and floor plan credit facilities via a press release on November 19, 2025.
📋 Key Facts
- The company has successfully extended the terms of its current term loan facility.
- The company has also extended its floor plan credit facilities.
- The announcement was made through a press release furnished under Item 7.01.
OneWater Marine Inc. filed an 8-K to announce its operating and financial results for the fiscal year ended September 30, 2025. The filing serves as a formal announcement of earnings via a press release.
📋 Key Facts
- Report date: November 13, 2025
- Reporting period: Fiscal year ended September 30, 2025
- The company issued a press release (Exhibit 99.1) containing the results.
- Signed by Jack Ezzell, Chief Operating Officer and Chief Financial Officer.
OneWater Marine Inc. filed an 8-K to disclose amended and restated employment agreements for its top three executives following a leadership transition in August 2025. The filing formalizes the roles of Philip Austin Singleton, Jr. (Executive Chairman), Anthony Aisquith (CEO), and Jack Ezzell (CFO/COO).
🚩 Red Flags
- Management restructuring: The filing confirms a significant shift in the C-suite hierarchy (CEO and Chairman roles swapped) that occurred in August 2025.
📋 Key Facts
- Amended employment agreements effective as of February 12, 2024, were entered into on September 25, 2025.
- Philip Austin Singleton, Jr. transitioned from CEO to Executive Chairman on August 14, 2025.
- Anthony Aisquith transitioned from COO to CEO on August 14, 2025.
- Jack Ezzell assumed the role of Chief Operating Officer (COO) in addition to CFO effective August 15, 2025.
- Agreements include multi-year terms with automatic one-year renewals and standard severance/termination provisions.
OneWater Marine Inc. announced a significant leadership reorganization effective August 14, 2025, involving the transition of its CEO and Chairman roles.
🚩 Red Flags
- Sudden transition of the CEO role can sometimes signal internal friction or strategic shifts, though not explicitly stated here.
- The CFO is taking on additional operational responsibilities (COO), which may indicate a lean management structure or a shift in focus toward operations.
📋 Key Facts
- P. Austin Singleton is transitioning from CEO to Executive Chairman of the Board.
- Anthony Aisquith has been appointed as the new Chief Executive Officer; he previously served as President and COO.
- John F. Schraudenbach is transitioning from Chairman of the Board to Lead Independent Director.
- Jack Ezzell, currently CFO and Secretary, has been appointed to the additional role of Chief Operating Officer (COO).
- All leadership changes were approved by the Board and are effective immediately as of August 14, 2025.
OneWater Marine Inc. filed an 8-K to announce its operating and financial results for the fiscal third quarter ended June 30, 2025.
📋 Key Facts
- Report date: July 31, 2025
- Reporting period: Fiscal third quarter ended June 30, 2025
- The filing includes a press release (Exhibit 99.1) detailing the results of operations and financial condition.
OneWater Marine Inc. filed an 8-K to announce its operating and financial results for the fiscal second quarter ended March 31, 2025.
📋 Key Facts
- Reporting period: Fiscal second quarter ended March 31, 2025.
- Filing date: May 1, 2025.
- The filing includes a press release (Exhibit 99.1) detailing the results of operations and financial condition.
OneWater Marine Inc. held its 2025 Annual Meeting of Stockholders on February 20, 2025. The meeting resulted in the election of ten directors and the ratification of the company's independent auditor.
🚩 Red Flags
- None identified in this filing.
📋 Key Facts
- Annual Meeting held on February 20, 2025.
- Ten individuals were elected to the Board of Directors until the 2026 annual meeting.
- Stockholders approved a non-binding advisory vote on executive compensation (Say-on-Pay).
- Stockholders ratified the appointment of Grant Thornton LLP as independent registered public accounting firm for the fiscal year ending September 30, 2024.
OneWater Marine Inc. filed an 8-K to announce its operating and financial results for the fiscal first quarter ended December 31, 2024.
📋 Key Facts
- The filing is a standard earnings release under Item 2.02.
- Reporting period: Fiscal first quarter ended December 31, 2024.
- Filing date: January 30, 2025.
- The company issued a press release (Exhibit 99.1) containing the results.
OneWater Marine Inc. entered into significant amendments to its primary credit and inventory financing facilities on November 13, 2024. These amendments involve modifications to debt covenants, repayment schedules, and a reduction in borrowing capacity.
🚩 Red Flags
- Covenant Waivers: The company required waivers for certain covenant compliance requirements for the quarter ended Sept 30, 2024, indicating a breach or near-breach of existing terms.
- Reduced Liquidity/Capacity: Reduction in maximum borrowing capacity under the inventory financing facility to $595 million.
- Multiple Amendments: Simultaneous amendments to both primary credit and inventory facilities suggest significant restructuring of debt terms.
📋 Key Facts
- Entered Amendment No. 6 to the Amended and Restated Credit Agreement with Truist Bank; maturity date extended to July 31, 2026.
- Amended terms include adjustments to minimum fixed charge coverage ratio, maximum leverage ratio measures, and minimum liquidity measures.
- Obtained waivers for certain covenant compliance requirements for the period ended September 30, 2024.
- Entered into a Second Amendment to the Eighth Amended and Restated Inventory Financing Agreement with Wells Fargo Commercial Distribution Finance, LLC.
- The inventory financing amendment reduces maximum borrowing capacity to $595 million.
- Both agreements included waivers for covenant compliance requirements for the period ended September 30, 2024.
OneWater Marine Inc. filed an 8-K to furnish a press release containing financial and operational updates issued on September 26, 2024.
📋 Key Facts
- The filing is made pursuant to Item 7.01 (Regulation FD Disclosure).
- A press release was issued on September 26, 2024, containing financial and operational updates.
- The press release is furnished as Exhibit 99.1.
OneWater Marine Inc. filed an 8-K to announce its operating and financial results for the fiscal third quarter ended June 30, 2024.
📋 Key Facts
- The filing reports on the company's operating and financial results for the fiscal third quarter ended June 30, 2024.
- Results were announced via a press release dated July 30, 2024.
- The information was furnished under Item 2.02 of Form 8-K.
OneWater Marine Inc. filed an 8-K to announce its operating and financial results for the fiscal second quarter ended March 31, 2024.
📋 Key Facts
- The filing is a standard announcement of quarterly earnings (Item 2.02).
- Reporting period: Fiscal second quarter ended March 31, 2024.
- Report date: May 2, 2024.
OneWater Marine Inc. held its 2024 Annual Meeting of Stockholders on February 22, 2024. The meeting resulted in the election of ten directors and the ratification of the company's independent auditor.
📋 Key Facts
- Annual Meeting held on February 22, 2024.
- Ten individuals were elected to the Board of Directors until the 2025 annual meeting.
- Stockholders approved a non-binding advisory vote (Say-on-Pay) regarding executive officer compensation with 10,174,756 votes in favor.
- Stockholders ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for fiscal year ending September 30, 2024.
OneWater Marine Inc. filed an 8-K to furnish its operating and financial results for the fiscal first quarter ended December 31, 2023. The filing consists primarily of a press release announcing these quarterly results.
📋 Key Facts
- Reporting period: Fiscal first quarter ended December 31, 2023.
- Filing date: February 1, 2024.
- The company issued a press release (Exhibit 99.1) containing the results of operations and financial condition.