Gary W. Rollins Voting Trust (MCFT) discloses large indirect MasterCraft stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
MasterCraft Boat Holdings, Inc. insider Gary W. Rollins Voting Trust filed an initial Form 3 as a ten percent owner, listing existing indirect holdings of common stock as of May 15, 2026. The trust reports positions held through several affiliated entities, including 4,440,070 shares via LOR, Inc. and 247,190 shares via RCTLOR, LLC. A footnote states the trust disclaims beneficial ownership beyond its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Gary W. Rollins Voting Trust U/A dated September 14, 1994
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,440,070 shares (Indirect, Held indirectly through LOR, Inc.)
Footnotes (1)
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Key Figures
Indirect holding via LOR, Inc.: 4,440,070 shares
Indirect holding via RCTLOR, LLC: 247,190 shares
Indirect holding via Rollins Holding Company, Inc.: 79,687 shares
+2 more
5 metrics
Indirect holding via LOR, Inc.
4,440,070 shares
Common Stock held indirectly through LOR, Inc. as of May 15, 2026
Indirect holding via RCTLOR, LLC
247,190 shares
Common Stock held indirectly through RCTLOR, LLC as of May 15, 2026
Indirect holding via Rollins Holding Company, Inc.
79,687 shares
Common Stock held indirectly through Rollins Holding Company, Inc. as of May 15, 2026
Indirect holding via RFA Management Company, LLC
36,386 shares
Common Stock held indirectly through RFA Management Company, LLC as of May 15, 2026
Indirect holding via RFT Investment Company, LLC
69,115 shares
Common Stock held indirectly through RFT Investment Company, LLC as of May 15, 2026
Key Terms
voting trust, Section 16 of the Securities Exchange Act of 1934, beneficial ownership, pecuniary interest
4 terms
voting trust financial
"Gary W. Rollins Voting Trust U/A dated September 14, 1994"
A voting trust is an arrangement where shareholders temporarily transfer their voting rights to one or more trusted individuals (trustees) who vote on company matters on their behalf. It matters to investors because it consolidates decision-making power—like handing the car keys to a single driver for a journey—which can stabilize leadership or push through strategic plans but also reduces individual shareholders’ direct influence and can affect the company’s direction and stock value.
Section 16 of the Securities Exchange Act of 1934 regulatory
"The reporting person disclaims for the purpose of Section 16 of the Securities Exchange Act of 1934"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
beneficial ownership financial
"the beneficial ownership of such securities except to the extent of its pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission"
FAQ
What does the MasterCraft (MCFT) Form 3 by Gary W. Rollins Voting Trust report?
The Form 3 reports existing indirect holdings of MasterCraft common stock by the Gary W. Rollins Voting Trust. These positions are held through several affiliated entities and establish the trust as a ten percent owner under Section 16 disclosure requirements.
What does the beneficial ownership disclaimer mean in the MasterCraft (MCFT) Form 3?
The footnote states the trust disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest. This means it does not concede full economic ownership of all shares, limiting acknowledgment to its actual financial stake.
Why is the Gary W. Rollins Voting Trust considered a ten percent owner of MasterCraft (MCFT)?
The Form 3 identifies the Gary W. Rollins Voting Trust as a ten percent owner because its reported indirect holdings collectively meet the Section 16 ownership threshold. This status requires initial and ongoing beneficial ownership reporting to the SEC.