MBUU CEO logs Code F withholding: 965 shares at $27.82 on 11/06/2025

Rhea-AI Filing Summary

Malibu Boats (MBUU) — Form 4 insider transaction: CEO and Director Steve D. Menneto reported a tax withholding transaction on 11/06/2025. The company withheld 965 shares of Class A Common Stock at $27.82 per share (Transaction Code F) to cover taxes due upon the vesting of 1,890 shares from a restricted stock award granted on November 4, 2024.

Following the transaction, Mr. Menneto beneficially owned 54,548 shares directly. This figure includes 29,376 restricted stock units scheduled to vest in two substantially equal annual installments beginning on August 5, 2026, and 5,670 shares of restricted stock scheduled to vest in three substantially equal annual installments beginning on November 6, 2026, each subject to continued employment through the applicable vesting dates.

Insights

Securities compliance analyst

Administrative tax withholding; no change to insider intent.

The reported Code F transaction reflects shares withheld (965) to satisfy taxes from the vesting of a prior equity grant (1,890 shares). Such withholding is a common, non-discretionary mechanism and does not indicate an open-market sale.

Post-transaction beneficial ownership is listed at 54,548 shares direct. Footnotes state this includes 29,376 RSUs vesting starting August 5, 2026 and 5,670 restricted shares vesting starting November 6, 2026, contingent on continued employment. Any future share delivery depends on those vesting conditions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Menneto Steven

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	965	$27.82	$27K

Holdings After Transaction: Class A Common Stock — 54,548 shares (Direct)

Footnotes (1)

1. The shares of the Issuer's Class A Common Stock were withheld for tax withholding purposes in connection with the vesting of 1,890 shares under a restricted stock award granted on November 4, 2024. Includes 29,376 shares of restricted stock units vesting in two substantially equal annual installments beginning on August 5, 2026 and 5,670 shares of restricted stock vesting in three substantially equal annual installments beginning on November 6, 2026, each subject to the reporting person's continued employment through each applicable vesting date.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Menneto Steven

(Last) (First) (Middle)

5075 KIMBERLY WAY

(Street)

LOUDON TN 37774

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MALIBU BOATS, INC. [ MBUU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	11/06/2025		F(1)		965	D	$27.82	54,548	D(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares of the Issuer's Class A Common Stock were withheld for tax withholding purposes in connection with the vesting of 1,890 shares under a restricted stock award granted on November 4, 2024.

2. Includes 29,376 shares of restricted stock units vesting in two substantially equal annual installments beginning on August 5, 2026 and 5,670 shares of restricted stock vesting in three substantially equal annual installments beginning on November 6, 2026, each subject to the reporting person's continued employment through each applicable vesting date.

Remarks:

	STEVE D. MENNETO, /S/ Brooke Zinter as attorney-in-fact	11/07/2025
	** Signature of Reporting Person	Date
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 4 (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.

FAQ

What did Malibu Boats (MBUU) report in this Form 4?

The CEO and Director, Steve D. Menneto, reported a Code F tax withholding of 965 shares on 11/06/2025 tied to the vesting of 1,890 shares.

What price was used for the withheld Malibu Boats shares?

Shares were withheld at $27.82 per share to cover tax obligations.

How many Malibu Boats shares does the reporting person own after the transaction?

Beneficial ownership is 54,548 shares directly after the reported transaction.

What equity awards are included in the beneficial ownership for MBUU?

It includes 29,376 RSUs vesting in two equal installments starting August 5, 2026 and 5,670 restricted shares vesting in three equal installments starting November 6, 2026.

Was this an open-market sale by the Malibu Boats CEO?

No. It was a Code F transaction—shares withheld to satisfy taxes upon vesting, not an open-market sale.

Which award triggered the tax withholding?

A restricted stock award that vested from a grant made on November 4, 2024 involving 1,890 shares.