Malibu Boats director receives 901 stock units
The fully vested units settle in equivalent Class A shares after a qualifying event, with lump-sum or five- or 10-year installment choices.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Malibu Boats, Inc. (MBUU) director Mark W. Lanigan received 901 stock units on October 1, 2026, for the portion of his annual retainer earned for the quarter ended September 30, 2026; the reported price was $22.92 per share. His reported direct position afterward was 86,169 shares, including stock units. The fully vested units are payable in equivalent Class A common shares after a qualifying payment event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1, F2, F3 | 901 | $22.92 | $21K |
Footnotes (3)
- F1. Pursuant to the Issuer's Directors' Compensation Policy (the "Policy"), directors may elect that their cash annual retainer be converted into either fully vested (i) shares of the Issuer's Class A Common Stock or (ii) rights to receive an award of stock units that will be paid on a deferred basis. In accordance with the reporting person's election, the reporting person was issued 901 stock units for the portion of the annual retainer earned for the quarterly period ended September 30, 2026.
- F2. The stock units are fully vested and payable in an equivalent number of shares of the Issuer's Class A Common Stock upon the first to occur of (A) the date of the reporting person's separation from service, (B) the occurrence of a change in control under the Issuer's Long-Term Incentive Plan or (C) an in-service distribution date elected by the reporting person (each, a "Payment Event"). The reporting person may elect whether amounts becoming payable shall be paid in a lump-sum within 30 days following the Payment Event, or in annual installments over a period of 5 years or 10 years.
- F3. Includes 19,695 stock units with vesting terms described in footnote 2 and 46,474 stock units that are fully vested and payable in an equivalent number of shares of the Issuer's Class A Common Stock upon or as soon as practicable, and in all events within 30 days, following the first to occur of (A) the date of the reporting person's separation from service or (B) the occurrence of a change in control under the Issuer's equity incentive plans.
Key Figures
Key Terms
stock units financial
Payment Event financial
in-service distribution date financial
FAQ
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When and how are MBUU director Mark W. Lanigan’s stock units paid?
AI-generated analysis. How Rhea-AI works. Not financial advice.