MasterCraft (MCFT) CFO Awarded RSUs; Insider Disposes 20,185 Shares
Rhea-AI Filing Summary
MasterCraft Boat Holdings (MCFT) reported a Form 4 showing activity by Chief Financial Officer W. Scott Kent. On September 2, 2025 Mr. Kent was granted 4,890 restricted stock units (RSUs), each representing a contingent right to one share, which vest in three equal installments on June 30, 2026, 2027, and 2028. The filing also reports a disposition of 20,185 shares (coded V), and indicates 11,397 shares beneficially owned by the reporting person following the reported transactions. The form was signed on September 4, 2025.
Positive
- 4,890 RSUs granted to the CFO, providing time‑based alignment with shareholders
- Clear vesting schedule: three equal installments on June 30, 2026, 2027, and 2028
- Disclosure includes post‑transaction beneficial ownership (11,397 shares), enhancing transparency
Negative
- Disposition of 20,185 shares reported (Code V), representing a material share sale by the reporting person
- Net insider share count reduced following the disposition, which may affect insider ownership concentration
Insights
TL;DR: CFO received time‑based RSUs while reporting a prior disposition of shares under a Rule 10b5‑1 plan.
The grant of 4,890 RSUs is a standard executive equity award with a clear three‑year vesting schedule, aligning the CFO's interests with shareholder performance over 2026–2028. The reported 20,185‑share disposition is coded V, indicating a transaction under a written plan intended to satisfy Rule 10b5‑1 affirmative defense. Beneficial ownership after the transactions is listed as 11,397 shares. This filing is routine but relevant for monitoring insider ownership trends and dilution from equity compensation.
TL;DR: Awarded RSUs with multi‑year vesting; disposal executed under a 10b5‑1 plan—disclosure is timely and standard.
The RSU grant uses time‑based vesting in equal installments, a common retention mechanism that creates multi‑year alignment without immediate dilution until vesting occurs. The 10b5‑1 coded disposition signals the sale followed pre‑existing instructions rather than opportunistic trading. Filing contains clear dates and amounts, supporting transparency around insider compensation and share changes.