MasterCraft (MCFT) Form 4: Executive Sells Shares, Receives RSU Grant

Rhea-AI Filing Summary

Nelson Bradley M., Chief Executive Officer and director of MasterCraft Boat Holdings, Inc. (MCFT), reported a Form 4 disclosing two transactions on 09/02/2025. He disposed of 81,333 shares of common stock and was granted 29,113 restricted stock units (RSUs) the same day. Each RSU represents a contingent right to one share and vests in three equal installments on June 30, 2026, 2027, and 2028. The RSUs carry no reported exercise price and are held directly. The Form 4 was signed under power of attorney on 09/04/2025.

Positive

• Grant of 29,113 RSUs with explicit vesting schedule (June 30, 2026; 2027; 2028) supports executive retention
• RSUs held directly and each RSU represents one share, providing clear dilution and timing information

Negative

• Disposition of 81,333 common shares was reported without disclosed sale price or proceeds, limiting assessment of economic impact
• No stated reason for the sale (e.g., diversification or tax obligations) is provided in the filing

Insights

Securities Analyst

TL;DR: CEO sold 81,333 shares and received 29,113 RSUs, signaling routine compensation and liquidity activity rather than a change in control.

The reported disposition of 81,333 common shares alongside a contemporaneous grant of 29,113 RSUs is common in executive equity programs where executives realize liquidity while receiving deferred equity compensation. The RSUs vest in three equal installments over 2026–2028, aligning executive incentives with multi-year performance or retention objectives. No price per share or proceeds were disclosed for the sale, and the RSUs are described as direct holdings. This filing provides clear timing and vesting schedules but lacks transaction price information that would help quantify the economic impact.

Corporate Governance Expert

TL;DR: The filing documents a standard executive compensation grant and a significant share disposal; governance implications hinge on disclosed plan terms.

The grant of 29,113 RSUs with staged vesting through 2028 appears consistent with retention-focused compensation practices. The substantial disposal of 81,333 shares is material in size but the Form 4 does not state the sale price or the reason for the sale (e.g., diversification, tax withholding, or planned sale), limiting conclusions. The presence of a power of attorney signature is routine for timely filings. Overall, the disclosure is complete on vesting and grant size but omits proceeds data for the disposition, which matters for investor interpretation.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nelson Bradley M.

(Last) (First) (Middle)

100 CHEROKEE COVE DRIVE

(Street)

VONORE TN 37855

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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

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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								81,333	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	09/02/2025		A		29,113		(2)	(2)	Common Stock	0	$0	29,113	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

2. On September 2, 2025, the reporting person was granted 29,113 restricted stock units. The RSUs will vest in three equal installments on June 30, 2026, 2027, and 2028.

	/s/ W. Scott Kent, by power of attorney	09/04/2025
	** 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 4 (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.
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FAQ

What transactions did Nelson Bradley M. report on MCFT Form 4?

The Form 4 reports a disposition of 81,333 common shares and a grant of 29,113 RSUs on 09/02/2025.

When do the 29,113 RSUs granted to Nelson Bradley M. vest?

The RSUs vest in three equal installments on June 30, 2026; June 30, 2027; and June 30, 2028.

Are the RSUs exercisable immediately and do they have an exercise price?

Each RSU represents a contingent right to one share and the filing reports an exercise/price of $0, indicating no exercise price is applicable.

Was the Form 4 signed and when?

The Form 4 was signed by power of attorney on 09/04/2025.

What is Nelson Bradley M.'s role at MasterCraft Boat Holdings, Inc. (MCFT)?

He is reported as both a Director and the Chief Executive Officer of the issuer.