Welcome to our dedicated page for MasterCraft Boat Holdings SEC filings (Ticker: MCFT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
MasterCraft Boat Holdings, Inc. filings document the regulatory record for a Nasdaq-listed recreational boat manufacturer with common stock trading under MCFT. Recent disclosures include Form 8-K reports for operating and financial results, material events, capital-structure matters, and shareholder voting outcomes.
Proxy and meeting filings cover board elections, auditor ratification, executive compensation votes, and related governance disclosures. The company’s SEC record also includes registration and proxy materials tied to corporate transaction matters, along with formal disclosures about common-stock issuance mechanics, shareholder approvals, and governance procedures.
MasterCraft Boat Holdings, Inc. senior vice president Michael O'Connell has filed an initial ownership report showing his equity position in the company. He reports direct ownership of 9,911 shares of common stock, plus 6,805 restricted stock units, each representing a contingent right to receive one share of common stock. This filing records existing holdings and does not reflect any new stock purchases or sales.
MasterCraft Boat Holdings, Inc. has completed its acquisition of Marine Products Corporation through a two-step merger, making Marine Products a wholly owned subsidiary. Marine Products shareholders received $2.43 in cash plus 0.232 shares of MasterCraft common stock for each Marine Products share, with cash paid in lieu of fractional MasterCraft shares. Marine Products stock has ceased trading on the NYSE. MasterCraft now controls a broader portfolio of recreational marine brands, including MasterCraft, Crest, Balise, Chaparral and Robalo, and has expanded its board from seven to ten directors, adding three directors from the Marine Products side under a Stockholders Agreement that also includes nomination, ownership threshold and standstill provisions for key former Marine Products stockholders.
MasterCraft Boat Holdings, Inc. held a special meeting on May 12, 2026, where stockholders approved issuing common shares needed to complete its stock-and-cash merger with Marine Products Corporation. The share issuance proposal passed with 13,740,660 votes for, 6,290 against and 19,003 abstaining.
The merger structure uses two steps, with Marine Products becoming a wholly owned subsidiary of MasterCraft. The Hart-Scott-Rodino antitrust waiting period expired on April 6, 2026, and MasterCraft expects the mergers to close on or about May 15, 2026, subject to remaining conditions.
MasterCraft Boat Holdings posted third-quarter fiscal 2026 net sales of $78.2 million, up 3% year over year, with gross margin improving to 25.0% from 20.8% on richer model mix, higher option content, pricing, and lower dealer incentives.
After $8.4 million of business development and consulting costs tied to its pending Marine Products combination and other adjustments, the company reported a GAAP net loss of $0.7 million, or $(0.05) per share, but generated Adjusted Net Income of $7.2 million, or $0.45 per diluted share.
Cash and cash equivalents rose to $75.4 million, plus $9.2 million of short-term investments, with no debt and $75.0 million of unused revolver capacity, supporting the stock-and-cash Marine Products deal that will deliver 0.232 MasterCraft shares and $2.43 in cash per Marine Products share if approved.
MasterCraft Boat Holdings, Inc. reported fiscal 2026 third quarter results, with net sales of $78.2 million, up 3.0% from the prior-year period. Gross margin improved to 25.0%, an increase of 420 basis points, reflecting favorable model mix, pricing and cost controls.
The company posted a loss from continuing operations of ($0.7) million, or ($0.04) per diluted share, mainly due to one-time business development and consulting costs tied to its pending combination with Marine Products Corporation. On a non-GAAP basis, Adjusted Net Income rose to $7.2 million, or $0.45 per diluted share, and Adjusted EBITDA increased to $10.7 million, a 13.7% margin.
MasterCraft ended the quarter with cash and investments of $84.6 million and reaffirmed progress toward closing its cash-and-stock merger with Marine Products shortly after a special shareholder meeting on May 12, 2026, subject to customary conditions. For full year fiscal 2026, it now expects consolidated net sales of $312 million, Adjusted EBITDA of $40 million, Adjusted EPS of $1.65, and capital expenditures of about $8 million, excluding the Marine Products transaction.
MasterCraft Boat Holdings (MasterCraft) is acquiring Marine Products Corporation (Marine Products) via a two-step merger. Under the Agreement and Plan of Merger dated February 5, 2026, each share of Marine Products common stock will receive 0.232 shares of MasterCraft common stock plus $2.43 cash. Based on shares outstanding as of March 30, 2026, former Marine Products stockholders would own approximately 33.4% of the combined company and MasterCraft stockholders 66.6%. The proxy/prospectus sets special meetings for May 12, 2026, and discloses a voting agreement covering approximately 69.1% of Marine Products voting power.
The Vanguard Group filed Amendment No. 9 to a Schedule 13G/A reporting zero beneficial ownership in MasterCraft Boat Holdings Inc. common stock. The filing states that, following an internal realignment on January 12, 2026, certain Vanguard subsidiaries will report beneficial ownership separately in reliance on SEC Release No. 34-39538. The amendment lists 0 shares and 0% beneficial ownership and is signed by Ashley Grim on 03/27/2026.
MasterCraft Boat Holdings, Inc. Chief Executive Officer Bradley M. Nelson reported a routine tax-related share disposition. On March 18, 2026, 5,014 shares of common stock were surrendered at $19.68 per share to cover tax obligations tied to vesting restricted stock awards. This was not an open-market sale; the shares were withheld for taxes as the awards vested. After this transaction, Nelson directly holds 76,319 shares of MasterCraft common stock.