Director Michael K. Hooks filed a Form 4 on November 4, 2026, disclosing the acquisition of 4,562 stock units in Malibu Boats, Inc. (NASDAQ:MBUU) on November 3, 2026, under the company's Director's Compensation Policy.

Key Highlights

  • Equity award granted: 4,562 stock units were issued to Michael K. Hooks on November 3, 2026, for his service on the board of directors.
  • Zero cost acquisition: The stock units were acquired at a price of $0, according to the filing.
  • Fully vested: The filing states the stock units are fully vested and payable in an equivalent number of Class A Common Stock shares upon a qualifying Payment Event.
  • Total direct beneficial ownership: Following the transaction, Hooks directly beneficially owns 73,288 shares of Class A Common Stock, including 19,642 and 48,316 stock units with differing payment terms as described in the filing.
  • Indirect holdings: An additional 12,500 shares are held indirectly by the MK 2012 Irrevocable Trust for the benefit of Hooks' spouse and children, with Hooks' spouse serving as trustee; Hooks disclaims beneficial ownership of these shares.

Details of Michael K. Hooks' November 2026 Stock Unit Award at Malibu Boats

According to the filing, Michael K. Hooks, a director of Malibu Boats, Inc. (NASDAQ:MBUU), received an equity award of 4,562 stock units on November 3, 2026, in accordance with the issuer's Director's Compensation Policy. The award was recorded as an acquisition (transaction code A) at a price of $0 per unit. The filing notes that these units are fully vested upon issuance.

The filing explains that the stock units are payable in an equivalent number of shares of Class A Common Stock upon the first to occur of: the reporting person's separation from service, the occurrence of a change in control under the issuer's equity incentive plans, or an in-service distribution date elected by the reporting person. The reporting person may elect payment in a lump sum within 30 days following the Payment Event, or in annual installments over a period of 5 years or 10 years.

Following the reported transaction, Hooks directly holds 73,288 shares of Class A Common Stock. Per footnote 3 of the filing, this total includes 19,642 stock units subject to the payment terms described above and 48,316 stock units that are fully vested and payable upon the first to occur of separation from service or a change in control. Additionally, 12,500 shares are held indirectly through the MK 2012 Irrevocable Trust. The filing states that Hooks "disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose."

What Was Disclosed

The filing disclosed that director Michael K. Hooks received 4,562 fully vested stock units at no cost on November 3, 2026, as part of Malibu Boats' Director's Compensation Policy, bringing his direct beneficial ownership to 73,288 Class A Common Stock shares.