MCFT Form 4: Battle W. Patrick Receives 4,056 RSUs, Vesting June 30, 2026
Rhea-AI Filing Summary
MasterCraft Boat Holdings insider filing: Director Battle W. Patrick was granted 4,056 restricted stock units (RSUs) on September 2, 2025. Each RSU represents the contingent right to receive one share of MasterCraft common stock, and the RSUs are scheduled to vest on June 30, 2026. The Form 4 shows a prior disposal of 27,455 shares in a non-derivative transaction, leaving the reporting person with the ownership reported following that transaction. The Form 4 was signed by power of attorney on September 4, 2025.
Positive
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Insights
TL;DR: Director received time‑based equity aligned with shareholder interests; transaction size appears routine for director compensation.
The grant of 4,056 RSUs to a director is a standard form of equity compensation intended to align the director's incentives with long‑term shareholder value. The RSUs vest on a single future date, June 30, 2026, which creates retention incentives through that date. The prior reported disposal of 27,455 common shares is noted on the Form 4; the filing does not disclose pre‑transaction total holdings, so the net ownership position cannot be precisely determined from this document alone.
TL;DR: The award is a modest, time‑vested equity grant consistent with routine director pay practices at smaller public companies.
The RSU grant size (4,056 units) appears modest in absolute terms but meaningful as deferred equity compensation for a director. The award vests on a single date rather than in tranches, concentrating retention value until June 30, 2026. No exercise price or cash purchase is associated with these RSUs, and the filing confirms zero underlying shares currently deliverable at grant. Materiality for investors depends on total outstanding shares and the director's overall holdings, which are not fully disclosed here.