Christiansen Erik 4

What happened

• Erik Christiansen, Chief Technology Officer of MasterCraft Boat Holdings (MCFT), had restricted stock units (RSUs) vest and convert into shares and immediately had shares surrendered to cover tax obligations. The filing shows an acquisition/conversion of 947 shares at $25.82 each (value $24,452) and two disposals: 947 shares (derivative) at $25.82 ($24,452) plus 1,224 shares for tax payment at $28.52 each ($34,908). Total shares disposed = 2,171 (total value $59,360); net change = a reduction of 1,224 shares (used to satisfy taxes/withholding).

Key details

• Transaction date: 2026-06-30; Form 4 filed 2026-07-02 (filed timely within standard 2 business days).
• Line items reported:
  • Exercise/conversion (M): 947 shares acquired @ $25.82 = $24,452.
  • Payment of exercise price / tax liability (F): 1,224 shares disposed @ $28.52 = $34,908.
  • Exercise/conversion (M) reported as disposed: 947 shares @ $25.82 = $24,452.
• Shares owned after transaction: Not specified in the excerpts provided in this summary (see filing for total beneficial ownership).
• Footnotes from the filing:
  • F1: RSUs vested and were converted into an equivalent number of common shares one-for-one.
  • F2: Shares were surrendered to cover taxes associated with vesting/conversion.
• No indication of a 10b5-1 plan or a late filing in this report.

Context

• These transactions reflect a routine RSU vesting/settlement with net share withholding to cover tax liabilities (a common practice). Although shares were acquired via conversion/exercise, the simultaneous surrender/ disposition reduced the insider’s holdings overall by 1,224 shares — this is administrative (tax) related rather than a standalone open-market sale or new purchase.