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MasterCraft (MCFT) CFO vests 4,884 RSUs, uses 3,750 shares for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MasterCraft Boat Holdings, Inc.'s Chief Financial Officer Kent Walter Scott reported routine equity compensation activity rather than open-market trading. On June 30 and July 1, 2026, previously granted restricted stock units vested and were automatically converted into a total of 4,884 shares of common stock at values of $25.82 and $24.41 per share, as indicated. To cover tax liabilities tied to this vesting, 3,750 common shares were surrendered back to the company through tax-withholding dispositions, not market sales. After these transactions, Scott directly held 21,319 shares of MasterCraft common stock.

Positive

  • None.

Negative

  • None.
Insider Kent Walter Scott
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit 3,254 $24.41 $79K
Exercise Common Stock 3,254 $24.41 $79K
Tax Withholding Common Stock 1,215 $24.41 $30K
Exercise Restricted Stock Unit 1,630 $25.82 $42K
Exercise Common Stock 1,630 $25.82 $42K
Tax Withholding Common Stock 2,535 $25.82 $65K
Holdings After Transaction: Restricted Stock Unit — 6,513 shares (Direct, null); Common Stock — 22,534 shares (Direct, null)
Footnotes (1)
  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.
RSU shares vested and converted 4,884 shares Total derivative exercises (M code) in this filing
Shares surrendered for taxes 3,750 shares Tax-withholding dispositions (F code) linked to vesting
Shares acquired July 1, 2026 3,254 shares Common stock from RSU conversion at $24.41 per share
Shares acquired June 30, 2026 1,630 shares Common stock from RSU conversion at $25.82 per share
Shares surrendered July 1, 2026 1,215 shares Common stock used for tax withholding at $24.41 per share
Shares surrendered June 30, 2026 2,535 shares Common stock used for tax withholding at $25.82 per share
CFO holdings after transactions 21,319 shares Direct ownership of MasterCraft common stock post-Form 4
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" with transaction code M"
vesting and settlement financial
"The reported transaction reflects the vesting and settlement of restricted stock units"
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kent Walter Scott

(Last)(First)(Middle)
100 CHEROKEE COVE DRIVE

(Street)
VONORE TENNESSEE 37855

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MasterCraft Boat Holdings, Inc. [ MCFT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026M1,630(1)A$25.8221,815D
Common Stock06/30/2026F2,535(2)D$25.8219,280D
Common Stock07/01/2026M3,254(1)A$24.4122,534D
Common Stock07/01/2026F1,215(2)D$24.4121,319D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)06/30/2026M1,630(1) (1) (1)00$25.829,767D
Restricted Stock Unit(1)07/01/2026M3,254(1) (1) (1)00$24.416,513D
Explanation of Responses:
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.
2. Represents the surrender of shares for payment of taxes in connection with the vesting of restricted stock awards and conversion of RSUs.
/s/ W. Scott Kent07/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did MasterCraft (MCFT) CFO Kent Scott report in this Form 4?

Kent Scott reported RSU vesting and related tax-withholding. Previously granted restricted stock units converted into common shares, and a portion of those shares was surrendered to cover taxes, reflecting routine compensation mechanics rather than open-market buying or selling.

Did the MasterCraft (MCFT) CFO sell shares on the open market?

No, the filing shows no open-market sales or purchases. The only dispositions were 3,750 common shares surrendered for tax obligations linked to vesting awards, a non-market transaction classified as tax-withholding, not a discretionary sale into the market.

How many MasterCraft (MCFT) shares came from RSU vesting in this filing?

A total of 4,884 shares came from RSU vesting and settlement. Restricted stock units vested on June 30 and July 1, 2026, and were automatically converted into an equivalent number of common shares on a one-for-one basis, as described in the footnotes.

How many MasterCraft (MCFT) shares were used to pay taxes?

3,750 common shares were surrendered for taxes. These tax-withholding dispositions were reported with transaction code F and represent shares delivered to satisfy tax liabilities arising from the vesting and conversion of restricted stock awards and RSUs.

What are the MasterCraft (MCFT) CFO’s holdings after these transactions?

Following these transactions, Kent Scott held 21,319 shares. This figure reflects his direct ownership of MasterCraft common stock after the RSU conversions and associated tax-withholding share surrenders disclosed in the Form 4.

What do the M and F transaction codes mean in the MasterCraft (MCFT) Form 4?

M indicates derivative exercise or conversion; F indicates tax-withholding. Here, M reflects RSUs converting into common stock, while F shows shares surrendered back to the company to pay tax liabilities on those vesting awards.