MasterCraft (MCFT) Insider: 32,811-Share Disposal and 4,056 RSU Grant
Rhea-AI Filing Summary
MasterCraft Boat Holdings insider filing: Director Peter G. Leemputte was the reporting person on a Form 4 showing two actions dated September 2, 2025. The filing reports a disposition of 32,811 shares of Common Stock (listed as a disposal) and a grant of 4,056 restricted stock units (RSUs). The RSUs each represent a contingent right to one share and were granted on September 2, 2025, with vesting scheduled for June 30, 2026. The Form 4 was signed by power of attorney on September 4, 2025. The document provides transaction dates, quantities, and vesting date but does not disclose sale price details or post-disposition total common stock holdings beyond the RSU amount.
Positive
- 4,056 RSUs granted to the reporting director, each representing the right to one share, with a clear vesting date of June 30, 2026
- RSU grant documentation includes explicit grant date (09/02/2025) and vesting schedule, providing transparency on future share issuance
Negative
- 32,811 shares disposed are reported without accompanying sale price or post-disposition total beneficial ownership, limiting assessment of insider selling impact
- Form does not disclose the price or proceeds from the disposal, nor the reporting person’s remaining total common stock holdings after the transaction
Insights
TL;DR: Director received equity compensation and reported a substantial share disposal on the same filing, with RSUs vesting next year.
The Form 4 discloses a 4,056 RSU grant to a director that vests June 30, 2026, confirming ongoing use of equity awards for non-employee director compensation. The filing also records a disposition of 32,811 common shares. For governance review, timing and magnitude of the disposal relative to total holdings (not disclosed here) would determine any potential concerns about insider selling. Documentation is complete on grant mechanics and vesting but lacks sale price and remaining ownership totals.
TL;DR: Insider activity includes both a sale and a time‑vested equity grant; the reported RSU amount is small relative to typical board grants.
The report clearly states an Award of 4,056 RSUs and shows those RSUs translate to 4,056 common shares upon vesting. The disposal entry lists 32,811 shares as sold or otherwise disposed, but the filing does not include price per share for that transaction. From a market data perspective, the absence of transaction price and post-transaction total holdings limits assessment of dilution or insider liquidity impact. Based solely on disclosed items, the filing is a routine disclosure of compensation grant and share disposition.