Malibu Boats (MBUU) Director Mark W. Lanigan Receives 901-Share Award

What Happened

• Mark W. Lanigan, a director of Malibu Boats, received an award of 901 stock units on October 1, 2026. The units are valued at $22.92 each, for a total grant value of $20,651. This was an award/conversion of his cash retainer under the company's Director Compensation Policy—not an open-market purchase.

Key Details

• Transaction date and price: 2026-10-01, 901 units @ $22.92 each (total $20,651).
• Amounts owned after transaction: Form notes existing holdings that include 19,695 deferred stock units (with deferred-pay vesting terms) and 46,474 fully vested stock units — a combined 66,169 units referenced in the filing.
• Notable footnotes:
  • F1: Units issued in lieu of cash retainer per the Director Compensation Policy.
  • F2: The 901 stock units are fully vested and will be payable in shares upon a Payment Event (separation, change in control, or an in-service distribution date elected by the director). Payment can be taken as a lump sum within 30 days or in annual installments over 5 or 10 years.
  • F3: Confirms the director holds additional units (19,695 with deferred-payment terms and 46,474 fully vested units).
• Filing timeliness: Report filed on 2026-10-01 covering the Oct 1, 2026 transaction (no late filing indicated).

Context

• These units are a form of deferred compensation awarded in lieu of cash retainer; they are not a market purchase or sale and therefore do not directly signal immediate market buying or selling by the director.
• Because the units are payable upon specified events or election, the award represents future potential share issuance rather than instant new shares in the market.