MasterCraft (NASDAQ: MCFT) director LOR, Inc reports 4.44M-share stake
Rhea-AI Filing Summary
LOR INC filed an initial ownership report for MasterCraft Boat Holdings, Inc. common stock. The filing shows LOR INC as a ten percent owner, with a direct holding of 4,440,070 shares of common stock as of the reported date.
LOR INC also has indirect positions, including 36,386 shares held through RFA Management Company, LLC, 69,115 shares held through RFT Investment Company, LLC, and 247,190 shares held through RCTLOR, LLC. A footnote states that LOR INC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
LOR INC
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,440,070 shares (Direct);
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)
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
Direct common shares held: 4,440,070 shares
Indirect shares via RFA Management Company, LLC: 36,386 shares
Indirect shares via RFT Investment Company, LLC: 69,115 shares
+1 more
4 metrics
Direct common shares held
4,440,070 shares
LOR INC direct ownership as of reported date
Indirect shares via RFA Management Company, LLC
36,386 shares
Indirect ownership reported by LOR INC
Indirect shares via RFT Investment Company, LLC
69,115 shares
Indirect ownership reported by LOR INC
Indirect shares via RCTLOR, LLC
247,190 shares
Indirect ownership reported by LOR INC
Key Terms
ten percent owner, indirectly, Section 16, beneficial ownership
4 terms
ten percent owner regulatory
"The filing shows LOR INC as a ten percent owner"
indirectly financial
"Held indirectly through RFA Management Company, LLC"
Section 16 regulatory
"for the purpose of Section 16 of the Securities Exchange Act of 1934"
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.
beneficial ownership regulatory
"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.
AI-generated analysis. How Rhea-AI works. Not financial advice.