Gary W. Rollins and Affiliated Group Acquire 23.1% Stake in MasterCraft Boat Holdings via Merger

On May 22, 2026, Gary W. Rollins, along with a group of affiliated reporting persons including Amy R. Kreisler, Pamela R. Rollins, Timothy C. Rollins, and various family trusts and entities (collectively, the 'Group'), filed a Schedule 13D reporting a significant new ownership stake in MasterCraft Boat Holdings, Inc. (MCFT). The Group acquired these shares following the merger of Marine Products Corporation into a subsidiary of MasterCraft on May 15, 2026. Under the merger terms, Marine Products Stock was converted into 0.232 shares of MasterCraft Common Stock plus $2.43 in cash per share. Collectively, the Group beneficially owns 5,649,797 shares, representing approximately 23.1% of the issuer's outstanding common stock. Gary W. Rollins individually reports beneficial ownership of 703,403 shares (2.9%). In connection with the merger, the Group entered into a Stockholders Agreement and a Registration Rights Agreement, which include provisions for board nomination rights, transfer restrictions for up to one year, and customary standstill and registration rights. Timothy C. Rollins serves as a director on MasterCraft's board.