R. Randall Rollins Voting Trust (MCFT) reports large indirect stake in MasterCraft
Rhea-AI Filing Summary
MasterCraft Boat Holdings, Inc. received an initial ownership report on Form 3 from the R. Randall Rollins Voting Trust U/A dated August 25, 1994, which is identified as a ten percent owner. The filing lists existing holdings of MasterCraft common stock, mostly held indirectly through several affiliated entities.
The trust reports indirect ownership of 79,687 shares through Rollins Holding Company, Inc., 36,386 shares through RFA Management Company, LLC, 69,115 shares through RFT Investment Company, LLC, 247,190 shares through RCTLOR, LLC, and 4,440,070 shares through LOR, Inc., plus 18 shares held directly. A footnote states the reporting person disclaims beneficial ownership of these securities for Section 16 purposes except to the extent of its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
R. Randall Rollins Voting Trust U/A dated August 25, 1994
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18 shares (Direct);
Common Stock — 4,440,070 shares (Indirect, Held indirectly through LOR, Inc.);
Common Stock — 247,190 shares (Indirect, Held indirectly through RCTLOR, LLC);
Common Stock — 69,115 shares (Indirect, Held indirectly through RFT Investment Company, LLC);
Common Stock — 36,386 shares (Indirect, Held indirectly through RFA Management Company, LLC);
Common Stock — 79,687 shares (Indirect, Held indirectly through Rollins Holding Company, Inc.)
Footnotes (1)
- F1. The reporting person disclaims for the purpose of Section 16 of the Securities Exchange Act of 1934 the beneficial ownership of such securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission of such beneficial ownership.
Key Figures
Indirect holding via Rollins Holding Company, Inc.: 79,687 shares
Indirect holding via RFA Management Company, LLC: 36,386 shares
Indirect holding via RFT Investment Company, LLC: 69,115 shares
+5 more
8 metrics
Indirect holding via Rollins Holding Company, Inc.
79,687 shares
Total shares following transaction, Common Stock, indirect ownership
Indirect holding via RFA Management Company, LLC
36,386 shares
Total shares following transaction, Common Stock, indirect ownership
Indirect holding via RFT Investment Company, LLC
69,115 shares
Total shares following transaction, Common Stock, indirect ownership
Indirect holding via RCTLOR, LLC
247,190 shares
Total shares following transaction, Common Stock, indirect ownership
Indirect holding via LOR, Inc.
4,440,070 shares
Total shares following transaction, Common Stock, indirect ownership
Directly held shares
18 shares
Total shares following transaction, Common Stock, direct ownership
Unknown transaction entries
6 entries
holding entries with unknown transaction code and direction
Ten percent owner status
Yes
Reporting person flagged as ten percent owner under Section 16
Key Terms
ten percent owner, beneficial ownership, Section 16, voting trust, +2 more
6 terms
ten percent owner regulatory
"the reporting person is flagged as a ten percent owner of MasterCraft Boat Holdings, Inc."
beneficial ownership regulatory
"the reporting person disclaims for the purpose of Section 16 the beneficial ownership of such securities"
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.
Section 16 regulatory
"for the purpose of Section 16 of the Securities Exchange Act of 1934 the beneficial ownership of such securities"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
voting trust financial
"R. Randall Rollins Voting Trust U/A dated August 25, 1994 is the reporting person on this Form 3"
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.
indirect ownership financial
"Held indirectly through Rollins Holding Company, Inc. and other related entities"
pecuniary interest regulatory
"the beneficial ownership is disclaimed except to the extent of its pecuniary interest therein"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3 filing for MasterCraft Boat Holdings (MCFT) show?
The Form 3 shows the R. Randall Rollins Voting Trust as a ten percent owner of MasterCraft common stock. It lists existing indirect holdings through several related entities and a very small direct position, establishing the trust’s initial ownership status under Section 16.
What disclaimer about beneficial ownership is included in the MCFT Form 3?
The Form 3 states the reporting person disclaims beneficial ownership of the securities for Section 16 purposes, except to the extent of its pecuniary interest. It also notes that the report should not be deemed an admission of beneficial ownership of the MasterCraft common stock.