MasterCraft Boat (MCFT) SVP discloses initial equity holdings
Rhea-AI Filing Summary
MasterCraft Boat Holdings, Inc. senior vice president Michael O'Connell has filed an initial ownership report showing his equity position in the company. He reports direct ownership of 9,911 shares of common stock, plus 6,805 restricted stock units, each representing a contingent right to receive one share of common stock. This filing records existing holdings and does not reflect any new stock purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
O'CONNELL MICHAEL
Role
Sr. Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 6,805 shares (Direct);
Common Stock — 9,911 shares (Direct)
Footnotes (1)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
Key Figures
Common stock held: 9,911 shares
Restricted stock units: 6,805 units
Exercise price of RSUs: $0.0000 per unit
3 metrics
Common stock held
9,911 shares
Directly owned common stock following the reported holdings
Restricted stock units
6,805 units
RSUs held, each representing one share of common stock
Exercise price of RSUs
$0.0000 per unit
Exercise price for restricted stock units reported in derivative summary
Key Terms
Restricted Stock Unit, Common Stock, Sr. Vice President, beneficial ownership
4 terms
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Common Stock financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Sr. Vice President financial
"officer_title": "Sr. Vice President""
beneficial ownership financial
"Form 3 shows Michael O'Connell’s existing equity stake and beneficial ownership"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the MasterCraft (MCFT) Form 3 filing by Michael O'Connell show?
The Form 3 shows Michael O'Connell’s existing equity stake in MasterCraft. He reports 9,911 shares of common stock and 6,805 restricted stock units, documenting his initial beneficial ownership as a senior vice president of the company.
What are the restricted stock units reported in the MasterCraft (MCFT) Form 3?
The Form 3 shows 6,805 restricted stock units held by Michael O'Connell. Each restricted stock unit represents a contingent right to receive one share of MasterCraft’s common stock, according to the filing’s footnote.
What is Michael O'Connell’s role at MasterCraft Boat Holdings (MCFT)?
Michael O'Connell is identified as a senior vice president of MasterCraft Boat Holdings. His Form 3 filing discloses his initial beneficial ownership of common stock and restricted stock units in the company.