Form 8-K - Current report

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): October 22, 2024

   

MasterCraft Boat Holdings, Inc.

(Exact name of Registrant as Specified in Its Charter)


Delaware	001-37502	06-1571747
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

100 Cherokee Cove Drive
Vonore, Tennessee		37885
(Address of Principal Executive Offices)		(Zip Code)

    Registrant’s Telephone Number, Including Area Code: 423 884-2221

   

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	MCFT	The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07 Submission of Matters to a Vote of Security Holders.

On October 22, 2024, MasterCraft Boat Holdings, Inc. (the "Company") held its annual meeting of shareholders. At the annual meeting, four proposals were submitted to the Company's shareholders. The final voting results were as follows:

Proposal 1: The Company's shareholders elected the eight nominees named in the Company's Proxy Statement for the annual meeting to serve a one-year term expiring at the Company's 2025 annual meeting of shareholders. The voting results are set forth below.


Nominees	For		Against		Withheld		Non-Votes
W. Patrick Battle		13,895,564		183,232		11,462		703,487
Jaclyn Baumgarten		13,897,888		187,245		5,125		703,487
Donald C. Campion		14,050,779		35,214		4,265		703,487
Jennifer Deason		13,879,263		207,045		3,950		703,487
Roch Lambert		13,693,788		392,205		4,265		703,487
Peter G. Leemputte		14,048,047		36,585		5,626		703,487
Kamilah Mitchell-Thomas		13,717,659		367,474		5,125		703,487
Bradley M. Nelson		14,056,793		29,200		4,265		703,487

Proposal 2: The Company's shareholders ratified the appointment of Deloitte & Touche LLP to serve as the Company's independent registered accounting firm for the fiscal year 2025. The voting results are set forth below.


For		Against		Withheld
	14,693,156		99,549		1,040

Proposal 3: The Company's shareholders approved the Second Amended and Restated MasterCraft 2015 Incentive Award Plan. The voting results are set forth below.


For		Against		Withheld
	13,248,952		830,244		11,062

Proposal 4: The Company's shareholders approved, on an advisory basis, the compensation of the Company's name executive officers. The voting results are set forth below.


For		Against		Withheld
	13,657,823		423,730		8,705

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

The following exhibit is being furnished as part of this report:


Exhibit No.		Description
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


			MASTERCRAFT BOAT HOLDINGS, INC.

Date:	October 23, 2024	By:	/s/TIMOTHY M. OXLEY
			Timothy M. Oxley Chief Financial Officer, Treasurer and Secretary

Document And Entity Information	Oct. 22, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Oct. 22, 2024
Entity Registrant Name	MasterCraft Boat Holdings, Inc.
Entity Central Index Key	0001638290
Entity Emerging Growth Company	false
Entity File Number	001-37502
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	06-1571747
Entity Address, Address Line One	100 Cherokee Cove Drive
Entity Address, City or Town	Vonore
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	37885
City Area Code	423
Local Phone Number	884-2221
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock
Trading Symbol	MCFT
Security Exchange Name	NASDAQ