Forager Fund, L.P. 4
4 · MasterCraft Boat Holdings, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
MasterCraft (MCFT) 10% Owner Forager Fund Sells 61,344 Shares
What Happened Forager Fund, L.P., a reported 10% owner of MasterCraft Boat Holdings, sold a total of 61,344 shares in open‑market transactions executed Feb 17–19, 2026. The three reported disposals were: 12,163 shares for $288,750 (avg $23.74) on Feb 17; 19,050 shares for $451,866 (avg $23.72) on Feb 18; and 30,131 shares for $705,969 (avg $23.43) on Feb 19 — aggregate proceeds ≈ $1,446,585. These are sales (not purchases), typically portfolio/institutional activity rather than an insider buying the stock.
Key Details
- Transaction dates/prices: Feb 17 (12,163 sh @ $23.74), Feb 18 (19,050 sh @ $23.72), Feb 19 (30,131 sh @ $23.43). Reported column prices are weighted averages.
- Price ranges: footnotes state the shares were sold in multiple trades at prices within roughly $23.02–$24.07; the filing offers to provide per‑trade price breakdowns on request.
- Reporting person and authority: Forager Fund, L.P. is the direct holder. Principals of the fund’s GP (Messrs. Kissel and MacArthur) have shared authority to vote and dispose; they disclaim beneficial ownership except to the extent of any pecuniary interest.
- Shares owned after transaction: not specified in the excerpted data.
- Filing: Report filed Feb 19, 2026, covering transactions from Feb 17–19, 2026 (no late filing noted in this filing excerpt).
Context This is institutional selling by a 10% owner, not an executive buy or option exercise. Such sales often reflect portfolio rebalancing or cash needs rather than a direct signal about the company’s prospects; retail investors should consider this alongside other insider activity and company fundamentals.
Insider Transaction Report
- Sale
Common Stock, par value $0.01 per share
[F1][F2]2026-02-17$23.74/sh−12,163$288,750→ 1,686,955 total - Sale
Common Stock, par value $0.01 per share
[F3][F2]2026-02-18$23.72/sh−19,050$451,866→ 1,667,905 total - Sale
Common Stock, par value $0.01 per share
[F4][F2]2026-02-19$23.43/sh−30,131$705,969→ 1,637,774 total
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.63 to $23.92, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- [F2]The shares reported are directly held by Forager Fund, L.P. (the "Fund"). Each of Messrs. Kissel and MacArthur is a principal of Forager Capital Management, LLC, the general partner of the Fund (the "GP"), and has shared authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of the GP. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.43 to $24.07, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.02 to $23.70, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.