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MasterCraft (MCFT) director receives RSUs; insider disposition of 23,913 shares disclosed

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MasterCraft Boat Holdings (MCFT) director Jaclyn Baumgarten reported an insider transaction on Form 4 showing a grant of 4,056 restricted stock units (RSUs) on September 2, 2025. Each RSU converts into one share if vested; these RSUs are scheduled to vest on June 30, 2026. The filing also shows a reported disposition of 23,913 shares of common stock (listed as a sale) on the form. The filing was signed by power of attorney on behalf of the reporting person on September 4, 2025.

Positive

  • 4,056 RSUs granted to director Jaclyn Baumgarten on September 2, 2025, aligning compensation with shareholder value upon vesting
  • Vesting date disclosed: RSUs vest on June 30, 2026, providing a clear timeline for equity realization

Negative

  • Disposition of 23,913 common shares is reported on the form, representing a significant absolute volume though percentage ownership is not provided

Insights

TL;DR: Routine director compensation grant plus a large reported share disposition; neither item signals a clear material change to company fundamentals.

The report shows a standard equity-based compensation event: 4,056 RSUs granted that vest on June 30, 2026, providing future alignment between the director and shareholders if vesting conditions are met. The filing also records a reported disposition of 23,913 common shares, which is a sizeable absolute volume but the filing lacks context on percentage ownership or proceeds, so the market impact cannot be assessed from this form alone.

TL;DR: Compensation grant to a director and an associated reported share sale are routine governance events; disclosure is timely and complete on Form 4.

The RSU award follows typical director compensation practice by deferring equity until a vesting date (June 30, 2026), which can help align incentives. The Form 4 properly discloses both the award and the reported disposition of 23,913 shares. The filing does not include explanations for the sale or its relation to any trading plans, so no inference about intent or governance concerns can be drawn from this document alone.

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
Estimated average burden
hours per response: 0.5
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*
Baumgarten Jaclyn

(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
Officer (give title below) Other (specify below)
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 23,913 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 4,056 (2) (2) Common Stock 0 $0 4,056 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 4,056 restricted stock units. The RSUs will vest on June 30, 2026.
/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.
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.

FAQ

What did Jaclyn Baumgarten report on the Form 4 for MCFT?

She reported a grant of 4,056 RSUs on September 2, 2025, and a reported disposition of 23,913 shares.

When do the RSUs granted to the director vest?

The RSUs vest on June 30, 2026.

How many restricted stock units were granted and what do they represent?

4,056 RSUs were granted; each RSU represents a contingent right to receive one share of common stock upon vesting.

Does the Form 4 specify the price received for the 23,913 shares disposed?

The filing lists the disposition amount (23,913 shares) but does not disclose a sale price in the provided content.

Who signed the Form 4 and when was it signed?

The form was signed by W. Scott Kent by power of attorney on behalf of the reporting person on September 4, 2025.
Mastercraft Boat Holdings Inc

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308.02M
15.85M
4.14%
96.78%
6.04%
Recreational Vehicles
Ship & Boat Building & Repairing
Link
United States
VONORE