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. 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.
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.