Baumgarten Jaclyn 4
Research Summary
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MasterCraft (MCFT) Director Jaclyn Baumgarten Receives 4,056 Shares
What Happened Jaclyn Baumgarten, a director of MasterCraft Boat Holdings, had 4,056 restricted stock units (RSUs) vest and settle on 2026-06-30. The RSUs converted one-for-one into 4,056 shares of common stock at an effective price of $25.82 per share, for a reported value of $104,726. The filing shows the RSU-to-share conversion (reported as an exercise/conversion of a derivative) rather than an open-market purchase or sale of shares.
Key Details
- Transaction date: 2026-06-30; filing date: 2026-07-02 (Accession 0001757159-26-000004).
- Shares issued: 4,056; per-share value reported: $25.82; total value: $104,726.
- Reported as a derivative exercise/conversion (code M) reflecting RSU vesting and settlement.
- No open-market sale or tax-withholding sale is reported in this Form 4 (no cashless sale noted).
- Shares owned after the transaction: not specified in this filing.
Context This was a routine RSU vesting and conversion into common stock (automatic one-for-one settlement), not a purchase or sale that signals an immediate cash investment or disposition. Such equity settlements are common compensation events for executives and directors; they do not by themselves indicate a change in the insider’s market view.