MasterCraft (MCFT) SVP Michael O'Connell Receives 3,250 Shares

What Happened

• Michael O'Connell, Senior Vice President of MasterCraft Boat Holdings (MCFT), had 3,250 restricted stock units (RSUs) vest and convert into 3,250 shares of common stock on 2026-09-05. The conversion is reported at $24.15 per share (total value $78,488).
• To cover tax withholding related to the vesting, 1,278 of those shares were surrendered (disposed) at the same $24.15 price, equal to $30,864. Net shares retained by O'Connell from this event: 1,972 shares (net value ≈ $47,624).

Key Details

• Transaction date: 2026-09-05; Filing date (Form 4): 2026-09-09.
• Price per share reported: $24.15.
• Shares converted/received: 3,250 (value $78,488).
• Shares surrendered for taxes: 1,278 (value $30,864).
• Net shares retained: 1,972 (≈ $47,624).
• Footnotes: F1 — RSUs vested and converted one-for-one into common shares. F2 — Surrender of shares to satisfy tax withholding on the vesting.
• Transaction codes: M = exercise/conversion of derivative (here, RSU conversion); F = shares surrendered for tax withholding.
• The filing does not indicate an open-market purchase or discretionary sale; this is an RSU vesting/settlement event.

Context

• RSU vesting and automatic share withholding for taxes are routine compensation events and do not necessarily signal an insider view on the company’s stock. This was a settlement of equity compensation (a cashless-style tax withholding), not a market buy or sale.