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. proposes to acquire Marine Products Corporation through a two-step merger, subject to stockholder approvals and customary closing conditions. Under the merger agreement, each Marine Products share will convert into 0.232 shares of MasterCraft common stock plus $2.43 cash per share.
Based on shares outstanding as of March 12, 2026, former Marine Products stockholders would own approximately 33.4% of the combined company and MasterCraft stockholders 66.6%, assuming no appraisal elections. The exchange ratio is fixed and the vote of both companies’ stockholders is required; the transaction is also supported by a voting agreement representing approximately 69.1% of Marine Products voting power.
Forager Fund, L.P. sold 26,497 shares of MasterCraft Boat Holdings, Inc. common stock in an open-market transaction at a weighted average price of $23.50 per share. Following the sale, Forager Fund directly holds 1,611,277 shares.
Forager Capital Management, LLC is the Fund’s general partner, and Messrs. Kissel and MacArthur, as principals, share voting and dispositive authority over these shares. Each reporting person disclaims beneficial ownership beyond any pecuniary interest.
MasterCraft Boat Holdings, Inc. large shareholder Forager Fund, L.P. reported open-market sales of a total of 61,344 shares of common stock over three days. On February 19, 2026, the fund sold 30,131 shares at a weighted average price of $23.43 per share. On February 18, 2026, it sold 19,050 shares at $23.72 per share, and on February 17, 2026 it sold 12,163 shares at $23.74 per share. Following these transactions, the reporting group’s direct holdings stood at 1,637,774 shares of common stock. Footnotes state that the prices are weighted averages across multiple trades within disclosed intraday price ranges and that Forager Fund, L.P. is the direct holder, with Forager Capital Management, LLC and its principals sharing voting and disposition authority and disclaiming beneficial ownership beyond their pecuniary interests.
MasterCraft Boat Holdings, Inc. received an updated ownership report from Divisar Capital Management LLC and its CEO, Steven Baughman, on a Schedule 13G/A. The Reporting Persons together report beneficial ownership of 726,876 shares of MasterCraft common stock, representing 4.5% of the class.
The percentage is based on 16,288,798 shares of common stock outstanding as of October 31, 2025, as disclosed by MasterCraft. Divisar and Baughman report shared voting and shared dispositive power over these 726,876 shares, with no sole voting or dispositive power.
They state that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of MasterCraft, consistent with a passive investment stance under the Schedule 13G framework.
MasterCraft Boat Holdings, Inc. reported a significant institutional shareholder, Systematic Financial Management, which filed a Schedule 13G reflecting passive ownership of its common stock as of 12/31/2025. The reporting person is based in Teaneck, New Jersey and is a U.S. entity.
Systematic Financial Management disclosed beneficial ownership of 1,069,392 MasterCraft common shares, representing 6.56% of the class. It holds sole voting power over 646,142 shares and sole dispositive power over all 1,069,392 shares, with no shared voting or dispositive power.
The filer certifies the shares were acquired and are held in the ordinary course of business and not for the purpose, or with the effect, of changing or influencing control of MasterCraft, nor in connection with any transaction having that purpose or effect.
MasterCraft Boat Holdings agreed to combine with Marine Products Corporation in a stock-and-cash merger. Each Marine Products share will convert into 0.232 shares of MasterCraft common stock plus $2.43 in cash.
The transaction uses a two-step merger structure and requires approvals from both companies’ stockholders, effectiveness of a Form S‑4, Nasdaq listing of new MasterCraft shares, HSR clearance and no material adverse effect. A voting agreement commits specified Marine Products stockholders holding about 69.1% of voting power to support the deal, subject to a 35% cap after any recommendation change.
The MasterCraft board will expand from seven to ten directors, adding three Marine Products–related designees. Mutual termination fees of $11.6 million apply in certain circumstances, and the outside date is August 5, 2026, extendable to November 5, 2026.
MasterCraft Boat Holdings plans to acquire Marine Products Corporation in a stock-and-cash merger. Each Marine Products share will convert into 0.232 shares of MasterCraft common stock plus $2.43 in cash at closing.
Marine Products will merge into MasterCraft subsidiaries in a two-step structure, becoming an indirect wholly owned unit. Marine Products equity awards will vest or convert under specified terms, with certain restricted stock rolling into MasterCraft awards that add change-in-control protections.
Governance and ownership will shift as MasterCraft expands its board from seven to ten directors and adds three Marine Products–affiliated members. A voting agreement locks in support from Marine Products stockholders controlling about 69.1% of voting power, subject to caps, while a stockholders agreement imposes staged lock-ups and grants board nomination and standstill rights tied to ownership thresholds.
MasterCraft also signed a registration rights agreement allowing affiliated holders to demand resale registrations and underwritten shelf takedowns, with a company option to buy all offered shares at a five-day volume-weighted average price. Separately, MasterCraft amended its credit facility, setting a $75 million revolver maturing in 2031, adding up to $100 million of accordion capacity, revising covenants, and expressly permitting the transaction. An executive severance plan was adopted, providing enhanced cash, equity vesting, and benefits for senior leaders upon certain terminations, particularly around a change in control.
MasterCraft Boat Holdings reported stronger results for the quarter ended December 28, 2025, with net sales rising to $71,759 (dollars in thousands) from $63,368. Gross margin improved to 21.6% from 17.2%, helped by favorable model mix, higher option content, increased unit volumes, and pricing.
Income from continuing operations grew to $2,488 (vs. $426), or $0.15 per diluted share versus $0.03. Adjusted EBITDA increased to $7,454 (dollars in thousands), a 10.4% margin. Six‑month net sales reached $140,761 with income from continuing operations of $6,144.
The company ended the quarter with cash and cash equivalents of $56,229 and short‑term investments of $25,152 (both in thousands), and no long‑term debt, while still repurchasing $2.3 million of stock year‑to‑date. MasterCraft also agreed to acquire Marine Products in a cash‑and‑stock deal expected to close in the first half of calendar 2026 and amended its credit facility, extending revolver maturity to February 5, 2031 with $75.0 million in commitments and up to $100.0 million of accordion capacity.
MasterCraft Boat Holdings, Inc. filed a current report describing two key developments. First, the company announced financial results for its fiscal 2026 quarter ended December 28, 2025, with details furnished via a press release. Second, MasterCraft and Marine Products Corporation signed an Agreement and Plan of Merger under which MasterCraft will acquire Marine Products through two wholly owned merger subsidiaries. The filing notes a joint press release and an investor presentation explaining the proposed transactions, and explains that a Form S-4 registration statement and a joint proxy statement/prospectus will be prepared for stockholder consideration.
MasterCraft Boat Holdings (MCFT): insider share sales reported. Forager Fund, L.P., reported open-market sales of MasterCraft common stock coded “S.” On 11/06/2025, it sold 44,981 shares at a weighted average price of $20.50 (transactions ranged from $20.30 to $21.12). On 11/07/2025, it sold 58,066 shares at a weighted average price of $20.37 (range $20.30 to $20.40). On 11/10/2025, it sold 810 shares at a weighted average price of $20.33 (range $20.30 to $20.37).
Following these transactions, the filing shows 1,699,118 shares beneficially owned. The shares are directly held by Forager Fund, L.P.; Forager Capital Management, LLC is its general partner, and Edward Kissel and Robert MacArthur are principals with shared voting and dispositive authority, each disclaiming beneficial ownership beyond any pecuniary interest.