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MALIBU BOATS, INC.·4

May 7, 8:30 AM ET

Black David Scott 4

Research Summary

AI-generated summary

Updated

Malibu Boats (MBUU) CFO David Black Withholds Shares for Taxes

What Happened
David Scott Black, Chief Financial Officer of Malibu Boats (MBUU), had a total of 1,282 shares of Class A common stock withheld to satisfy tax withholding obligations tied to RSU vestings on May 6, 2026. The withholdings were reported as four disposals at $25.00 per share: 107 shares ($2,675), 788 shares ($19,700), 81 shares ($2,025), and 306 shares ($7,650), totaling $32,050. These were tax-withholding transactions (Form 4 code F), not open-market sales.

Key Details

  • Transaction date: 2026-05-06; Form 4 filed: 2026-05-07 (no late filing indicated).
  • Price: $25.00 per share for each withheld lot.
  • Total shares withheld/disposed: 1,282; total value: $32,050.
  • Footnotes (tax withholding tied to RSU vesting):
    • 107 shares withheld for taxes on 360 RSUs that vested from the Nov 6, 2023 grant (F1).
    • 788 shares withheld for taxes on 2,921 RSUs that vested from the May 6, 2024 grant (F2).
    • 81 shares withheld for taxes on 331 RSUs that vested from the Nov 4, 2024 grant (F3).
    • 306 shares withheld for taxes on 1,254 RSUs that vested from the Nov 21, 2025 grant (F4).
  • Shares owned after the transaction: not specified in the provided filing.

Context
These transactions are routine tax-withholding disposals associated with RSU vesting (cashless-like withholding) and do not necessarily indicate a deliberate sell decision by the insider. For retail investors, outright purchases by insiders tend to be more informative than routine tax withholdings.