MasterCraft Boat Holdings (NASDAQ: MCFT) CEO vests RSUs, surrenders shares for taxes
Rhea-AI Filing Summary
MasterCraft Boat Holdings, Inc.'s Chief Executive Officer, Nelson Bradley M., reported the vesting and settlement of restricted stock units on June 30, 2026. 9,704 RSUs were converted into an equal number of common shares at 25.8200 per share.
In connection with this vesting, 7,548 common shares were surrendered to satisfy tax obligations. After these transactions, Bradley directly holds 78,475 shares of MasterCraft common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,156 shares
Net Buy
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 |
| Exercise Price or Tax Liability | Common Stock | 7,548 | $25.82 | $195K |
Holdings After Transaction:
Restricted Stock Unit — 19,409 shares (Direct);
Common Stock — 78,475 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. 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 vested and converted: 9,704 RSUs
Tax-withholding shares: 7,548 shares
Per-share transaction value: 25.8200 per share
+1 more
4 metrics
RSUs vested and converted
9,704 RSUs
Restricted stock units vested and converted to common shares on June 30, 2026
Tax-withholding shares
7,548 shares
Common shares surrendered to satisfy taxes related to RSU vesting on June 30, 2026
Per-share transaction value
25.8200 per share
Value applied to RSU conversion and tax-withholding dispositions on June 30, 2026
Post-transaction common stock holding
78,475 shares
Common Stock held directly by Nelson Bradley after June 30, 2026 transactions
Key Terms
Restricted Stock Unit, RSUs, tax-withholding disposition, Rule 10b5-1
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.
RSUs financial
"Upon vesting, the RSUs were automatically converted into an equivalent number of shares of common stock on a one-for-one basis"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider equity event did MasterCraft (MCFT) CEO Nelson Bradley report?
MasterCraft’s CEO, Nelson Bradley, reported vesting of 9,704 restricted stock units on June 30, 2026, which converted into an equal number of common shares at 25.8200 per share. These shares arose from previously granted RSUs settling into stock.
Were Nelson Bradley’s MasterCraft (MCFT) transactions made under a Rule 10b5-1 trading plan?
The company indicates the Rule 10b5-1 checkbox for these transactions was not affirmed, meaning they were not reported as occurring under a pre-arranged Rule 10b5-1 trading plan. They reflect RSU vesting and tax-related share surrender instead.
AI-generated analysis. How Rhea-AI works. Not financial advice.
