MasterCraft Boat Holdings, Inc.·4

Jul 2, 4:15 PM ET

Nelson Bradley M. 4

Research Summary

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Updated

MasterCraft (MCFT) CEO Bradley Receives RSUs, Withholds Shares for Taxes

What Happened

  • Nelson Bradley, CEO of MasterCraft Boat Holdings (MCFT), had 9,704 restricted stock units (RSUs) vest and convert into 9,704 shares on 2026-06-30 at an implicit price of $25.82 per share (total value ≈ $250,557). To cover tax obligations the reporting person surrendered 7,548 of those shares (≈ $194,889). Net shares retained after withholding: 2,156 (worth roughly $55,668 at $25.82).
  • This was not an open-market buy or sell for investment purposes but a routine RSU vesting/settlement with shares withheld to satisfy tax withholding.

Key Details

  • Transaction date: 2026-06-30; Filing date (Form 4): 2026-07-02 — appears to be filed timely.
  • Prices and amounts: 9,704 shares converted at $25.82 each (≈ $250,557); 7,548 shares surrendered at $25.82 each (≈ $194,889).
  • Shares owned after transaction: not specified in the provided filing (net newly retained shares from this event = 2,156).
  • Codes and footnotes: M = exercise/conversion of derivative (here, RSU conversion); F = shares surrendered for tax withholding. Footnotes explain RSUs converted one-for-one into common shares (F1) and shares were surrendered to pay taxes (F2).

Context

  • Vesting and tax-withholding by surrender of shares is a common, administrative insider transaction and does not by itself indicate a buy or sell decision about the company’s prospects.
  • For derivative transactions: this was the conversion/settlement of RSUs rather than an option exercise followed by an immediate market sale.