MCFT MasterCraft Boat Holdings, Inc.
Price Chart
Executive Summary
MasterCraft Boat Holdings resolved a stockholder class action in Delaware Chancery Court by amending a challenged stockholder agreement provision and filing a certificate of correction, then paying $425,000 in attorneys' fees and expenses to moot the claims. The court closed the case on May 19, 2026. The $425,000 payment is immaterial relative to the company's $379M market cap (0.11%), and the filing confirms the litigation is fully resolved with no ongoing exposure.
Actionable Insight
The litigation is fully resolved with no remaining exposure or operational restrictions. The $425,000 fee is trivial for a company of this size. No further trading catalyst from this matter — monitor upcoming quarterly results for fundamental trends.
Key Facts
- Plaintiff Bruce Taylor filed a putative class action on February 11, 2026, challenging a stockholder agreement provision and a 2019 certificate of amendment.
- MasterCraft amended the stockholder agreement on March 11, 2026, and filed a certificate of correction on March 10, 2026, mooting the claims.
- MasterCraft agreed to pay $425,000 in attorneys' fees and expenses to fully settle all fee claims.
- The Delaware Court of Chancery entered an order closing the Action on May 19, 2026, subject to this 8-K filing.
- The company denies all allegations and states the payment is not an admission of liability.
Financial Impact
$425,000 payment for attorneys' fees and expenses, representing approximately 0.11% of the $379M market cap.
Risk Factors
- No material risks remain from this specific litigation; the case is closed.
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-235547 |
| Document: 0001193125-26-235547-index-headers.html | 0001193125-26-235547 |
| Document: 0001193125-26-235547-index.html | 0001193125-26-235547 |
| Document: 0001193125-26-235547.txt | 0001193125-26-235547 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 26, 2026
14d ago
|
3
| $23.94 $22.71 | ▼ −5.14% | ▼ −5.61% | $22.10 (−7.69%) |
|
May 26, 2026
14d ago
|
3
| $23.94 $22.71 | ▼ −5.14% | ▼ −5.61% | $22.10 (−7.69%) |
|
May 26, 2026
14d ago
|
3
| $23.94 $22.71 | ▼ −5.14% | ▼ −5.61% | $22.10 (−7.69%) |
|
May 22, 2026
18d ago
|
8-K
| $23.44 $23.22 | ▼ −0.94% | ▼ −2.61% | $22.10 (−5.72%) |
|
May 19, 2026
21d ago
|
3
| $23.09 $23.94 | ▲ +3.68% | ▲ +2.44% | $22.10 (−4.29%) |
|
May 15, 2026
25d ago
|
Press Release
| $23.70 $23.44 | ▼ −1.10% | ▼ −2.06% | $22.10 (−6.75%) |
|
May 12, 2026
28d ago
|
8-K
| $24.89 $22.00 | ▼ −11.61% | ▼ −10.45% | $22.10 (−11.21%) |
|
May 7, 2026
4w ago
|
8-K
| $25.57 $24.89 | ▼ −2.66% | ▼ −4.16% | $22.10 (−13.57%) |
|
May 1, 2026
5w ago
|
425
| $22.50 $26.27 | ▲ +16.76% | ▲ +13.82% | $22.10 (−1.78%) |
|
May 1, 2026
5w ago
|
8-K
| $22.50 $26.27 | ▲ +16.76% | ▲ +13.82% | $22.10 (−1.78%) |
US Market Status
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