Deason Jennifer 4
Research Summary
AI-generated summary
MasterCraft (MCFT) Director Jennifer Deason Receives 4,056 Shares
What Happened
- Jennifer Deason, a director of MasterCraft Boat Holdings, had 4,056 restricted stock units (RSUs) vest on June 30, 2026. The RSUs were automatically converted one-for-one into 4,056 shares of common stock at a reported price of $25.82 per share, for a total reported value of $104,726.
- The Form 4 shows the transaction reported under code M (exercise/conversion of a derivative). The filing lists both an acquisition and a corresponding derivative disposition entry; a footnote clarifies this reflects the vesting and settlement of RSUs into common shares.
Key Details
- Transaction date: 2026-06-30; reported filing date: 2026-07-02 (timely filing).
- Price per share: $25.82; total reported value: $104,726 (4,056 shares).
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: The transaction reflects vesting and settlement of 4,056 RSUs, which converted into 4,056 shares on a one-for-one basis.
- Filing shows exercise/conversion code (M) due to the derivative-to-stock conversion; no open-market sale of the underlying shares is indicated in the supplied details.
Context
- This was a vesting/settlement of compensation (award) rather than a market purchase or a discretionary sale — such awards are routine compensation events and do not, by themselves, signal insider buying intent.
- For derivative code clarity: M indicates exercise/conversion of a derivative instrument; here it represents RSUs converting into common shares.