MasterCraft (MCFT) Director Battle W. Patrick Receives RSU Award

What Happened

• Battle W. Patrick, a director of MasterCraft Boat Holdings, was granted 2,865 restricted stock units (RSUs) on September 14, 2026. The grant was reported as a derivative award at a grant value of $20.07 per share, for a total of $57,501. The RSUs represent a contingent right to receive one share each and will vest on December 31, 2026.

Key Details

• Transaction date: 2026-09-14 (Form 4 filed 2026-09-16 — within the standard two-business-day reporting window).
• Grant details: 2,865 RSUs; grant price/reference $20.07; total value reported $57,501.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes: F1 — each RSU converts to one share upon settlement; F2 — the award is a pro‑rated grant tied to a six‑month transition of the company’s fiscal year-end and vests 12/31/2026.
• Transaction code: A (award/grant); labeled as a derivative award in the filing.

Context

• RSU grants are a form of compensation and are not the same as an open‑market purchase or sale; they typically reflect pay and retention practices rather than immediate insider market conviction. These RSUs vest at a future date, at which point they may be settled in shares (or withheld for taxes) per company policy.