Director converts 4,056 RSUs to MasterCraft (MCFT) common stock, holds 15,313 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MasterCraft Boat Holdings director Kamilah Mitchell-Thomas reported a routine compensation-related transaction. On June 30, 2026, 4,056 restricted stock units vested and were automatically converted into an equal number of common shares at a reference price of $25.82 per share. Following this RSU settlement, she directly owns 15,313 shares of MasterCraft common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,056 shares exercised/converted
Mixed
2 txns
Insider
Mitchell-Thomas Kamilah
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 4,056 | $25.82 | $105K |
| Exercise | Common Stock | 4,056 | $25.82 | $105K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 15,313 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs vested and settled: 4,056 units
Reference price per share: $25.82 per share
Shares held after transaction: 15,313 shares
+1 more
4 metrics
RSUs vested and settled
4,056 units
Restricted stock units converted to common stock on June 30, 2026
Reference price per share
$25.82 per share
Price reported for RSU conversion on June 30, 2026
Shares held after transaction
15,313 shares
Direct MasterCraft common stock holdings after RSU settlement
RSUs remaining from this grant
0.0000 units
Restricted stock units outstanding after the reported vesting
Key Terms
Restricted Stock Unit, vesting and settlement, derivative security, one-for-one basis
4 terms
Restricted Stock Unit financial
"The reported transaction reflects the vesting and settlement of 4,056 restricted stock units ("RSUs") previously granted"
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.
vesting and settlement financial
"The reported transaction reflects the vesting and settlement of 4,056 restricted stock units"
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
one-for-one basis financial
"the RSUs were automatically converted into an equivalent number of shares of common stock on a one-for-one basis"
FAQ
What insider transaction did MasterCraft Boat (MCFT) report for Kamilah Mitchell-Thomas?
MasterCraft director Kamilah Mitchell-Thomas reported the vesting and settlement of 4,056 restricted stock units, which automatically converted into the same number of common shares. This was a compensation-related RSU vesting, not an open-market stock purchase or sale.
Was the MasterCraft (MCFT) Form 4 a stock sale or purchase?
The Form 4 did not report an open-market sale or purchase. It shows RSUs previously granted to Kamilah Mitchell-Thomas vested and converted into 4,056 common shares, a routine equity compensation event rather than a discretionary trading decision.
What does the footnote say about the RSUs in the MasterCraft (MCFT) filing?
The footnote states the transaction reflects the vesting and settlement of 4,056 RSUs previously granted to the reporting person. Upon vesting, the RSUs were automatically converted one-for-one into an equivalent number of MasterCraft common shares.
Are any derivative securities remaining after this MasterCraft (MCFT) RSU exercise?
The filing’s derivative section shows 0.0000 units remaining for the reported restricted stock units after conversion. The derivative summary is empty, indicating no remaining RSUs from this specific grant are outstanding following the June 30, 2026 vesting event.