Battle W. Patrick 4
4 · MasterCraft Boat Holdings, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
MasterCraft (MCFT) Director Battle W. Patrick Receives 4,056 Shares
What Happened
Battle W. Patrick, a director of MasterCraft Boat Holdings, had 4,056 restricted stock units (RSUs) vest on June 30, 2026. The RSUs converted one-for-one into 4,056 shares of common stock at a reported value of $25.82 per share, totaling $104,726. This was a settlement of an award (compensation vesting), not an open-market purchase or sale of shares.
Key Details
- Transaction date: 2026-06-30; reported filing date: 2026-07-02 (appears timely under normal Form 4 rules).
- Shares converted/acquired: 4,056; price/value reported: $25.82 per share; total value: $104,726.
- Disposition line reflects the conversion/settlement of the derivative (RSU), not an open-market sale of shares.
- Footnote F1: RSUs vested and were automatically converted into an equivalent number of common shares on a one-for-one basis.
- Shares owned after the transaction: not specified in the provided filing.
Context
RSU vesting is a form of compensation and generally reflects routine equity settlement rather than an independent market buy or sell. Because the filing shows conversion of a derivative (code M) to common stock, there is no indication here that Patrick sold shares in the open market as part of this transaction.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-06-30$25.82/sh+4,056$104,726→ 31,511 total - Exercise/Conversion
Restricted Stock Unit
[F1]2026-06-30$25.82/sh−4,056$104,726→ 0 total→ Common Stock (0 underlying)
Footnotes (1)
- [F1]The reported transaction reflects the vesting and settlement of 4,056 restricted stock units ("RSUs") previously granted to the reporting person. Upon vesting, the RSUs were automatically converted into an equivalent number of shares of common stock on a one-for-one basis.