MasterCraft (NASDAQ: MCFT) CEO nets shares as RSUs vest, taxes paid in stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MasterCraft Boat Holdings, Inc. Chief Executive Officer Bradley M. Nelson reported routine equity compensation activity involving restricted stock units (RSUs). On June 30, 2026, previously granted RSUs vested and were automatically converted on a one-for-one basis into 9,704 shares of common stock at an indicated value of $25.82 per share.
To cover tax obligations arising from this vesting, 7,548 shares of common stock were surrendered in a tax-withholding disposition, rather than sold in the open market. Following these transactions, Nelson directly holds 86,023 shares of MasterCraft common stock. No remaining derivative positions are shown in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,704 shares exercised/converted
Mixed
3 txns
Insider
Nelson Bradley M.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 9,704 | $25.82 | $251K |
| Exercise | Common Stock | 9,704 | $25.82 | $251K |
| Tax Withholding | Common Stock | 7,548 | $25.82 | $195K |
Holdings After Transaction:
Restricted Stock Unit — 19,409 shares (Direct, null);
Common Stock — 86,023 shares (Direct, null)
Footnotes (1)
- The reported transaction reflects the vesting and settlement of restricted stock units ("RSUs") previously granted to the reporting person. Upon vesting, the RSUs were automatically converted into an equivalent number of shares of common stock on a one-for-one basis. Represents the surrender of shares for payment of taxes in connection with the vesting of restricted stock awards and conversion of RSUs.
Key Figures
RSUs converted: 9,704 shares
Tax-withholding shares: 7,548 shares
Reference share price: $25.82 per share
+1 more
4 metrics
RSUs converted
9,704 shares
Restricted stock units converted to common stock on June 30, 2026
Tax-withholding shares
7,548 shares
Shares surrendered to pay taxes on RSU vesting
Reference share price
$25.82 per share
Price used for RSU conversion and tax-withholding disposition
Shares held after transactions
86,023 shares
Direct common stock holdings of CEO after June 30, 2026
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative exercise/conversion, Exercise or conversion of derivative security
4 terms
Restricted Stock Unit financial
"The reported transaction reflects the vesting and settlement of 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.
tax-withholding disposition financial
"Represents the surrender of shares for payment of taxes in connection with the vesting"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What insider transactions did MasterCraft (MCFT) CEO Bradley Nelson report?
Bradley M. Nelson reported RSU vesting and related tax withholding. 9,704 restricted stock units converted into common shares, and 7,548 shares were surrendered to pay taxes. These are compensation-related, not open-market buy or sell transactions.
Was the MasterCraft (MCFT) CEO’s Form 4 a stock sale in the market?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 7,548 shares were surrendered to cover taxes triggered by RSU vesting, while 9,704 RSUs converted into common shares of MasterCraft Boat Holdings, Inc.