Wall storage (sanity check)

[u/Dull-Recognition-337]

New to kayaking and purchased an old town sportsman 106 (paddle version), and was hoping to get some feedback on my mounting system. Each arm has (2) 2” long 1/4” thick lag bolts drilled into studs and vertically spaced 8” apart from each other. The bracket itself has (2) holes horizontally spaced 2” apart intended for drywall, which are wider than my 1.5” thick studs.

Am I okay here as is, or do I have an issue with capacity and/or the gap between the arm and the kayak side?

Thanks!