MasterCraft (MCFT) General Counsel granted 3,250 RSUs vesting 2027–2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Googe Matthew reported acquisition or exercise transactions in this Form 4 filing.
MasterCraft Boat Holdings, Inc. General Counsel Matthew Googe received a grant of 3,250 restricted stock units as equity compensation. Each RSU represents a contingent right to receive one share of the company’s common stock. The award is tied to his continued employment.
The RSUs will vest in three equal installments on May 18, 2027, 2028, and 2029, assuming he remains employed through each vesting date. Following this grant, Googe holds 3,250 RSUs directly, reflecting a routine, compensation-related equity award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Googe Matthew
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 3,250 | $23.08 | $75K |
Holdings After Transaction:
Restricted Stock Unit — 3,250 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. Subject to the Reporting Person's continued employment through each applicable vesting date, the RSUs will vest in three equal installments on May 18, 2027, 2028, and 2029.
Key Figures
RSU grant size: 3,250 units
Reference price per share: $23.08
Holdings after transaction: 3,250 RSUs
+2 more
5 metrics
RSU grant size
3,250 units
Restricted stock units granted to General Counsel Matthew Googe
Reference price per share
$23.08
Transaction price per RSU on May 18, 2026
Holdings after transaction
3,250 RSUs
Total restricted stock units held directly after grant
First vesting date
May 18, 2027
First of three equal RSU vesting installments
Final vesting date
May 18, 2029
Final RSU vesting installment, subject to continued employment
Key Terms
Restricted Stock Unit, contingent right, vesting, Common Stock
4 terms
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"represents a contingent right to receive one share of the Issuer's Common Stock"
vesting financial
"the RSUs will vest in three equal installments on May 18, 2027, 2028, and 2029"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"receive one share of the Issuer's Common Stock"
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.
FAQ
What insider transaction did MCFT General Counsel Matthew Googe report?
Matthew Googe reported receiving 3,250 restricted stock units as an equity award. Each RSU is a contingent right to one share of MasterCraft common stock, vesting over three years if he remains employed through each vesting date.
Is the MCFT Form 4 transaction a stock purchase or sale?
The Form 4 shows an equity grant, not a stock purchase or sale. Googe received 3,250 restricted stock units as compensation, which convert into common shares only as they vest over future dates.
When do Matthew Googe’s 3,250 MCFT RSUs vest?
The 3,250 restricted stock units vest in three equal installments. They are scheduled to vest on May 18, 2027, May 18, 2028, and May 18, 2029, contingent on Googe’s continued employment through each vesting date.
How many MasterCraft equity awards does Matthew Googe hold after this filing?
After this filing, Googe is shown holding 3,250 restricted stock units directly. Each RSU represents a contingent right to receive one share of MasterCraft Boat Holdings common stock, subject to the stated vesting and employment conditions.
What does each MCFT restricted stock unit represent in this Form 4?
Each restricted stock unit represents a contingent right to receive one share of MasterCraft common stock. The RSUs will deliver shares only if the vesting schedule is met and Googe remains employed through the applicable vesting dates.