1,345 shares reported by MasterCraft (MCFT) director after merger

Rhea-AI Filing Summary

MasterCraft Boat Holdings, Inc. director Stephen E. Lewis reported ownership of 1,345 shares of common stock. These shares were received as part of MasterCraft’s acquisition of Marine Products Corporation under an Agreement and Plan of Merger.

For each share of Marine Products common stock, holders received $2.43 in cash plus 0.232 shares of MasterCraft common stock, illustrating the mixed cash-and-stock consideration used in the merger.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lewis Stephen E

Role null

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,345 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Director share holdings: 1,345 shares Cash per Marine Products share: $2.43 Stock exchange ratio: 0.232 shares

3 metrics

Director share holdings 1,345 shares MasterCraft common stock held by Stephen E. Lewis after merger

Cash per Marine Products share $2.43 Cash consideration for each Marine Products common share in merger

Stock exchange ratio 0.232 shares MasterCraft shares per Marine Products share in merger

Key Terms

Agreement and Plan of Merger, common stock, par value

3 terms

Agreement and Plan of Merger financial

"Consists of 1,345 shares of common stock received upon completion of the Issuer's acquisition of Marine Products Corporation ("Marine Products"), pursuant to the Agreement and Plan of Merger"

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

common stock financial

"Consists of 1,345 shares of common stock received upon completion of the Issuer's acquisition of Marine Products Corporation"

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.

par value financial

"each share of Marine Products' common stock, par value $0.10 per share, was converted into the right to receive $2.43 in cash"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Lewis Stephen E

(Last) (First) (Middle)

100 CHEROKEE COVE DRIVE

(Street)

VONORE TENNESSEE 37885

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
05/15/2026

3. Issuer Name and Ticker or Trading Symbol
MasterCraft Boat Holdings, Inc. [ MCFT ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,345(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Consists of 1,345 shares of common stock received upon completion of the Issuer's acquisition of Marine Products Corporation ("Marine Products"), pursuant to the Agreement and Plan of Merger, dated as of February 5, 2026 (the "Merger Agreement"), by and among the Issuer, Marine Products, Titan Merger Sub 1, Inc., a direct wholly owned subsidiary of the Issuer, and Titan Merger Sub 2, LLC, a direct wholly owned subsidiary of the Issuer. Upon effectiveness of such merger, each share of Marine Products' common stock, par value $0.10 per share, was converted into the right to receive $2.43 in cash, without interest, and 0.232 shares of the Issuer's common stock, par value $0.01 per share.

	/s/ W. Scott Kent, by power of attorney	05/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the MasterCraft (MCFT) Form 3 filed by Stephen E. Lewis show?

The Form 3 shows Stephen E. Lewis owning 1,345 shares of MasterCraft common stock. These shares were received as part of MasterCraft’s acquisition of Marine Products, reflecting his initial reported beneficial ownership position.

How did Stephen E. Lewis receive 1,345 MasterCraft (MCFT) shares?

Lewis received 1,345 MasterCraft shares upon completion of the Marine Products acquisition. Each Marine Products share converted into the right to receive cash plus MasterCraft stock under the merger’s Agreement and Plan of Merger.

What consideration did Marine Products shareholders receive in the MasterCraft (MCFT) merger?

Each Marine Products common share converted into the right to receive $2.43 in cash and 0.232 MasterCraft shares. This mixed cash-and-stock structure defines the economic terms given to Marine Products shareholders in the transaction.

Does the MasterCraft (MCFT) Form 3 indicate insider buying or selling activity?

The Form 3 does not report open-market buying or selling. It reflects 1,345 shares held by Stephen E. Lewis that were received as merger consideration in the Marine Products acquisition, rather than discretionary market transactions.

What security is reported in Stephen E. Lewis’s MasterCraft (MCFT) Form 3?

The filing reports holdings of MasterCraft common stock. Stephen E. Lewis is shown with 1,345 shares following completion of the Marine Products merger, establishing his baseline equity position as a director of the company.