---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-235547"
form_type: "8-K"
ticker: "MCFT"
cik: "0001638290"
company_name: "MasterCraft Boat Holdings, Inc."
filed_at: "2026-05-22T12:30:06+00:00"
generated_at: "2026-05-22T12:41:10.242940+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# MasterCraft settles stockholder lawsuit over director removal provision; pays $425k in fees

## Summary
- Plaintiff filed class action on Feb 11, 2026, challenging stockholders agreement provision requiring consent to remove certain director nominees.
- Company amended agreement on March 11, 2026, removing challenged provision; also filed certificate of correction on March 10, 2026.
- Plaintiff agreed claims were mooted; company agreed to pay $425,000 in attorneys' fees and expenses to avoid further litigation.
- Court entered order closing the action on May 19, 2026, subject to company filing affidavit confirming notice issuance.
- Company denies all allegations and did not admit liability; payment was to minimize expense and distraction.

## SEC filing metadata
- accession: 0001193125-26-235547
- form_type: 8-K
- ticker: MCFT
- cik: 0001638290
- company_name: MasterCraft Boat Holdings, Inc.
- filed_at: 2026-05-22T12:30:06+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1638290/000119312526235547/0001193125-26-235547-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1638290/000119312526235547/d127092d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-235547
- JSON: https://secwatch.observer/filing/0001193125-26-235547.json
- Plain text: https://secwatch.observer/filing/0001193125-26-235547.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.