4Accepted Sep 25, 7:52 AM ET
MasterCraft (MCFT) Sr. VP Michael O'Connell Receives 2,024 RSUs
Accepted (ET)
7:52 AM
Sep 25, 2026
Filed
Sep 25, 2026
Documents
1
Size
6.3 KB
Summary
MasterCraft (MCFT) Sr. VP Michael O'Connell Receives 2,024 RSUs
What Happened
Michael O'Connell, Senior Vice President of MasterCraft Boat Holdings (MCFT), was granted 2,024 restricted stock units (RSUs) on September 23, 2026. The award is recorded at $20.07 per unit for a total reported value of $40,622. This is an award/grant (derivative RSU grant), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-09-23; Form 4 filed 2026-09-25 (timely filing).
- Transaction type/code: Award/Grant (A); derivative reported.
- Shares/units granted: 2,024 RSUs at $20.07 each; total value $40,622.
- Vesting: RSUs vest in three equal installments on June 30, 2027, 2028, and 2029 (pro‑rated for a six‑month fiscal year transition).
- Footnote: Each RSU represents a contingent right to receive one share of common stock upon vesting.
- Shares owned after transaction: Not disclosed in the supplied filing details.
Context
RSUs are compensation awards that convert to actual shares only when they vest and are typically subject to forfeiture if employment ends before vesting. Such grants are common executive compensation and do not necessarily signal a near‑term trading intent.