MCFT CTO discloses initial share and RSU holdings
MasterCraft Boat Holdings, Inc. executive Erik Christiansen, the Chief Technology Officer, filed an initial ownership report showing his equity position in the company.
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Form Type
3
Rhea-AI Filing Summary
MasterCraft Boat Holdings, Inc. executive Erik Christiansen, the Chief Technology Officer, filed an initial ownership report showing his equity position in the company. He directly holds 7,141 shares of Common Stock and 4,107 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Common Stock.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
Christiansen Erik
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Restricted Stock Unit | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings:
Restricted Stock Unit — 4,107 contracts (Direct);
Common Stock — 7,141 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: 7,141 shares
Restricted Stock Units: 4,107 RSUs
RSU exercise price: $0.0000 per unit
+2 more
5 metrics
Common Stock held
7,141 shares
Direct ownership reported on Form 3
Restricted Stock Units
4,107 RSUs
Direct RSU position, each for one share
RSU exercise price
$0.0000 per unit
Exercise/conversion price for reported RSUs
Holding entries
2 entries
Common Stock and RSUs in transaction summary
Unknown transaction records
2 records
Classified as unknown, no buy or sell
Key Terms
Restricted Stock Unit, Common Stock, Form 3, contingent right, +1 more
5 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.
Form 3 regulatory
"The Form 3 shows Chief Technology Officer Erik Christiansen’s initial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
contingent right financial
"represents a contingent right to receive one share of the Issuer's Common Stock"
Chief Technology Officer other
"Chief Technology Officer Erik Christiansen’s initial ownership in MasterCraft"
The chief technology officer is the senior executive who sets a company's technology vision and oversees development, engineering, and technical operations—think of them as the lead architect and head mechanic who decides what tools the business builds and how they run. Their choices affect product direction, cost structure, cybersecurity and scalability, so investors watch the CTO to gauge a company’s ability to innovate, compete and manage technical risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the MasterCraft (MCFT) Form 3 filing for Erik Christiansen show?
The Form 3 shows Chief Technology Officer Erik Christiansen’s initial ownership in MasterCraft. He holds 7,141 shares of Common Stock and 4,107 Restricted Stock Units, establishing his reported equity position in the company.
How many Restricted Stock Units does the MCFT CTO report on Form 3?
The Chief Technology Officer reports 4,107 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of MasterCraft Common Stock, aligning a portion of his compensation with the company’s equity.
What is a Restricted Stock Unit in the MasterCraft (MCFT) Form 3?
In this Form 3, a Restricted Stock Unit (RSU) is defined as a contingent right to receive one share of MasterCraft Common Stock. The RSUs typically vest over time or upon meeting specified conditions before shares are delivered.
Does the MasterCraft (MCFT) Form 3 show any insider buying or selling?
The Form 3 for Erik Christiansen is an initial ownership report and does not show any explicit buy or sell transactions. It only discloses his existing holdings in Common Stock and Restricted Stock Units at the time of filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
