MasterCraft insider transfers 4.87M shares
Rhea-AI Filing Summary
MasterCraft Boat Holdings, Inc. (MCFT) was the subject of a Form 4 reporting that the Gary W. Rollins Voting Trust U/A dated September 14, 1994, a more than 10% beneficial owner, reported other dispositions on September 17, 2026 of an aggregate 4,872,448 shares of common stock previously held indirectly through LOR, Inc., RCTLOR, LLC, RFT Investment Company, LLC, RFA Management Company, LLC and Rollins Holding Company, Inc. As a result of a distribution of certain voting securities of those entities to the trust’s beneficiary, the trust is no longer the beneficial owner of the issuer’s shares held through them, and each reported indirect position is shown as 0 shares following the transactions. The filing states no Rule 10b5-1 plan and disclaims beneficial ownership of the securities except to the extent of the trust’s pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 4,872,448 shares
Other
5 txns
Insider
Gary W. Rollins Voting Trust U/A dated September 14, 1994
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1, F2 | 4,440,070 | -- | -- |
| Other | Common Stock F1, F2 | 247,190 | -- | -- |
| Other | Common Stock F1, F2 | 69,115 | -- | -- |
| Other | Common Stock F1, F2 | 36,386 | -- | -- |
| Other | Common Stock F1, F2 | 79,687 | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, Held indirectly through LOR, Inc.);
Common Stock — 0 shares (Indirect, Held indirectly through RCTLOR, LLC);
Common Stock — 0 shares (Indirect, Held indirectly through RFT Investment Company, LLC);
Common Stock — 0 shares (Indirect, Held indirectly through RFA Management Company, LLC);
Common Stock — 0 shares (Indirect, Held indirectly through Rollins Holding Company, Inc.)
Footnotes (2)
- F1. As a result of the distribution of certain voting securities of LOR, Inc., Rollins Holding Company, Inc. and RFA Management Company, LLC to the beneficiary of the reporting person on September 17, 2026, the reporting person is no longer the beneficial owner of the shares of the issuer held indirectly by or through LOR, Inc., Rollins Holding Company, Inc., RFA Management Company, LLC, RCTLOR, LLC or RFT Investment Company, LLC.
- F2. The reporting person disclaims for the purpose of Section 16 of the Securities and Exchange Act of 1934 the beneficial ownership of such securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission of such beneficial ownership.
Key Figures
Shares disposed in restructuring-type transactions: 4,872,448 shares
Transaction date: September 17, 2026
Number of restructuring transactions: 5 transactions
+2 more
5 metrics
Shares disposed in restructuring-type transactions
4,872,448 shares
Aggregate non-derivative common stock dispositions on September 17, 2026, across five J-code transactions
Transaction date
September 17, 2026
Date of all reported non-derivative common stock transactions
Number of restructuring transactions
5 transactions
All reported as code J, other acquisitions or dispositions, non-derivative common stock
Shares held after each reported transaction
0 shares
Total shares following each indirect holding through LOR, Inc., RCTLOR, LLC, RFT Investment Company, LLC, RFA Management Company, LLC and Rollins Holding Company, Inc.
Restructuring shares per transaction summary
4,872,448 shares
Total shares classified as restructuring-type (code J) in the transaction summary
Key Terms
beneficial owner, pecuniary interest, Section 16 of the Securities and Exchange Act of 1934, voting securities, +1 more
5 terms
beneficial owner regulatory
"the reporting person is no longer the beneficial owner of the shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interest regulatory
"beneficial ownership of such securities except to the extent of its pecuniary interest"
Section 16 of the Securities and Exchange Act of 1934 regulatory
"disclaims for the purpose of Section 16 of the Securities and Exchange Act of 1934"
voting securities financial
"as a result of the distribution of certain voting securities of LOR, Inc."
Voting securities are financial instruments, most commonly common shares, that give the holder the right to vote on a company’s key decisions such as electing the board, approving mergers, or changing bylaws. They matter to investors because voting power determines who controls strategy and oversight—like having a say in household decisions—so the distribution of voting securities affects corporate direction, minority protection, and potential value outcomes.
other acquisition or disposition regulatory
"transaction code J described as Other acquisition or disposition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did the Form 4 report for MasterCraft Boat Holdings, Inc. (MCFT)?
It reported that the Gary W. Rollins Voting Trust recorded other disposition transactions on September 17, 2026 involving an aggregate 4,872,448 shares of MCFT common stock previously held indirectly through several affiliated entities.
Were the MCFT transactions by the Gary W. Rollins Voting Trust market sales?
The transactions are coded J (Other acquisition or disposition) and described in footnotes as resulting from a distribution of certain voting securities of related entities, rather than as open-market sales.
Were the MCFT transactions under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the transactions were made pursuant to a Rule 10b5-1 trading plan.
What beneficial ownership disclaimer did the Gary W. Rollins Voting Trust make regarding MCFT shares?
A footnote states the trust disclaims beneficial ownership of the reported securities for Section 16 purposes, except to the extent of its pecuniary interest, and that the report is not an admission of such beneficial ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
